Pilot SAAM – Loss of licence
Pilot SAAM is an insurance solution designed by SAAM VERSPIEREN Group, with the insurer SWISS LIFE, in order to cover worldwide Professional and trainee pilots whose activity depends on a Class 1 medical certificate.
We offer you 3 types of coverage :
All-cause Death / TILA (Total and Irreversible Loss of Autonomy):
In case of death, the insurer pays the sum insured you have chosen to the beneficiary(ies) you have designated (or yourself in case of TILA).
You can choose a sum insured depending on your activity :
- Professional pilot : Between a minimum of 50,000 € and up to 600,000 € (limited to 5 times your gross annual salary);
- Trainee pilot : Up to 110,000 €.
Permanent Loss of Licence:
In case of total cessation of your activity as a professional or trainee pilot, following an accident or illness justifying the permanent suspension of your medical Class 1 certicate, the insurer pays you the sum insured you have chosen.
You can choose a sum insured depending on your activity :
- Professional pilot : Up to 600,000 € (limited to 5 times your gross annual salary);
- Trainee pilot : Up to 110,000 €.
Temporary Unfitness:
In case of temporary suspension of your medical Class 1 certificate, due to an illness or accident, the insurer pays you the daily allowance you have chosen after the excess period.
This coverage is only available for professional pilots.
You can choose :
- One of the following excess periods:
– 30 consecutive days in case of illness or accident;
– 60 consecutive days in case of illness or accident;
– 90 consecutive days in case of illness or accident.
- The amount of the daily allowance is between a minimum of 50 € and a maximum of 500 € per day (limited to 80% of your gross daily salary).
Key benefits
- Worldwide coverage;
- Subscription until the age of 50 years old;
- Coverage, in case of illness or accident, until the age of retirement (until 75 years old for All cause Death/TILA coverage);
- Free choice of sums insured;
- Free modification of all coverage;
- Permanent Loss of Licence and Death benefits up to 600,000 €;
- Temporary Loss of Licence allowance up to 500 € per day;
- With 7,000 clients covered, SAAM VERSPIEREN Group has more than 60 years of experience in loss of licence insurance;
- Financial strength of the internationally recognized and high rated insurer, SWISS LIFE;
- A Dedicated team of experimented professionals;
- Online services (website, member area, dedicated website, social network).