You are right; focusing solely on medical reasons is too narrow and misses the breadth of protection these policies often provide. Loss of Licence (LoL) insurance is fundamentally about protecting your ability to earn an income if your regulatory authority pulls your ticket for a variety of reasons, not just a failed Class 1 medical.
Here is the corrected, more substantial version for the Insurance Services page.
WordPress Rich Content Editor (Insurance Services Correction)
Specialised Aviation Insurance Solutions
For over 30 years, IAC Global has worked to align the specific needs of professional flight crews with the requirements of international underwriters. We source insurance that accounts for the unique risks of the aviation environment, ensuring coverage remains portable across different contracts and jurisdictions.
Pilot Income Protection & Licence Security
A pilot’s career depends entirely on the validity of their licence. While medical grounding is a primary risk, Loss of Licence insurance provides a broader safety net for when your professional credentials are suspended or revoked. We provide access to policies including:
- Loss of Licence & Income Protection: Provides lump sum or monthly benefits if your licence is suspended or revoked due to bodily injury, illness, or other regulatory disqualifications that prevent you from exercising the privileges of your rating.
- Psychological & Stress-Related Support: Modern policies often include specific provisions for grounding due to mental health or high-stress events, which are increasingly recognised by civil aviation authorities.
- Permanent Health Insurance: Long-term income protection designed to bridge the gap if you are unable to return to the cockpit for an extended period.
- Expat Medical & ‘Stop Gap’ Cover: Tailored health insurance for international crews that provides seamless protection when moving between employers or geographic regions.
Operational & Asset Insurance
We also facilitate risk management for aircraft owners, airport operators, and infrastructure projects. Our expertise covers:
- Aircraft Hull & Associated Risks: Coverage for physical damage to aircraft, from light aircraft to commercial wide-body fleets.
- Corporate & Public Liability: Protection against third-party injury, property damage, and passenger legal liabilities.
- Airport & Infrastructure Insurance: Targeted insurance for ground operations, hangars, and aviation-specific facilities.
