Feefo Platinum Trusted Service Award 2024
Free £100 Gift Card Offer
Our logo

PROTECTION PROMISE - 100% Conditions Covered

Our Insurance Partners

Sign up for our newsletter

Stay in the loop about all the latest news, exclusive offers, and fantastic discounts. We promise it's spam-free!

PILOT INCOME PROTECTION

With so many people travelling via plane the demand for pilots is high, as 250.6 million passengers travel through the UK’s 10 biggest airports every year.*

Being a pilot can be a very exciting career choice with the added benefit of travelling the world whilst working.

It can however be a demanding job with a lot of responsibility. If you became seriously ill or injured it could seriously impact your ability to fly safely, requiring extended time off to recover.

Income protection can help support you in paying your bills during your recovery, allowing you to take as much time off as you need.

Five Stars

Rated "Excellent" 5 out of 5

"This company went above & beyond to get me cover even though I have MS, I am very happy I managed to get cover, Amazing staff, Dean went above & beyond, I highly rate this company."

by Elizabeth Turner-Long - 9th August 2023

There are great pilot income protection policies and providers able to provide pilots with excellent levels of cover. You can get this alongside pilots life insurance or as a separate policy, much like with critical illness cover.

CRITICAL ILLNESS COVER does differ from income protection in that you will receive one lump sum if diagnosed with a serious illness.

Depending on the airline you work for or the type of pilot you are (commercial flights vs RAF pilots for example), the sick pay schemes you are entitled to can vary.

Some employers may cover you well for sick leave, but you may end up being off for a very long time depending on the severity of your accident or sickness. Only recently, TUI pilots found their company sick pay drastically cut with little warning – by up to 50% in some cases.

In this situation, income protection could provide a much-needed boost to your monthly income. It will provide you with a monthly payment of 50%-70% of your pre-tax salary until you are able to work again.

Learn more about INCOME PROTECTION INSURANCE.

DOES INCOME PROTECTION INSURANCE PAY OUT FOR PILOTS?

YES – a pilot income protection policy should pay out if you cannot work due to illness or injury. This type of insurance will pay you a tax-free monthly sum to temporarily replace your usual income.

This will continue until you are well enough to resume working as normal or your claim period runs out. With most policies you will be able to receive payments for up to 12 or 24 months.

Some common reasons you may need to claim on income protection insurance include:

The way to find the best possible deal for your pilot income protection would be to speak to one of our insurance experts.

We can search deals across the market to find you the one with the most competitive pricing for the level of cover you need.

With so many insurers currently offering income protection products, it is worth speaking to a specialist who can point you to the right lender for your job role, health and other lifestyle factors.

YES – there are some brilliant pilot income protection policies available – and most will cost much less than you think.

Anyone working for an employer in the UK will be entitled to statutory sick pay (SSP) for a set time period. This will most likely be a minimal amount compared to your usual salary (£99.35 per week) and will only cover you for up to 28 weeks.

HOW MUCH IS PILOT INCOME PROTECTION?

If you have a comprehensive company sick pay policy, you may be able to defer or postpone the start of your income protection payments until your sickness entitlement runs out.

Often a longer deferred period can result in a policy with much lower pricing. There is usually the2 option to have a waiting period of 6 or even 12 months before payments begin.

CHEAPER PILOT INCOME PROTECTION INSURANCE

There are several factors you need to consider if wanting to lower the cost of your policy. This includes:

Your age – many people put off getting cover until later in life but at this point premiums will likely be higher

Compare – you can reduce your policy cost by comparing some of the top insurance brands and some specialists

Get advice – a pilot income protection insurance expert will be able to tell you which insurers are offering the best rates and deals for your needs

Smoking – if you smoke or have previously smoked, you will pay more for cover. You can lower the cost of your premiums when you quit (after 12 months)

Health and lifestyle – it is also possible to make certain lifestyle choices that can reduce your premiums, including things like weight-loss and exercise

Pre-existing medical conditions – speak to a specialist if you have any pre-existing conditions that could affect your application

There are several options when it comes to pilot income protection, meaning you can choose the best option for the level of cover you need.

These policies include:

  • Short-term income protection insurance: This is a lower cost option and can be useful for periods of longer term sickness for pilots, that are not permanent. This will pay out for 12 or 24 months.
  • Long-term income protection insurance: Designed to pay out up to the end of the policy term which means that you can claim for longer. This cover is extremely comprehensive so the cost is higher.
  • Guaranteed Sick Pay: Usually cheaper than full income protection as it excludes pre-existing conditions. This will pay out for up to 6 months from the point of claim.
  • Personal accident insurance: Most often the cheapest type of income protection insurance. The main benefits of the cover is that it pays out for hospitalisation over 24 hours, injuries, and accidental death.

NO – being a pilot shouldn’t mean you need to pay more for your income protection policy. Being a pilot also shouldn’t put you at higher risk for your cover being denied.

Pricing can vary depending on insurers or if you have any pre-existing medical conditions or other factors meaning a claim could be more likely.

WHY DO I NEED PILOT INCOME PROTECTION?

Pilot income protection can help you to pay your monthly bills such as mortgage or rent payments if you cannot work due to illness or injury.

This can be extremely useful, especially if your employer has a more limited sick pay scheme or you have minimal savings to fall back on.

You need to be medically fit to be a pilot and so certain medical conditions can cause your licence to be revoked (either permanently or temporarily), leaving you unable to work.

There is a specific policy designed for this known as loss of licence insurance, but many pilots feel income protection actually offers more substantial cover for longer.

Claiming on pilot income protection insurance is a very straightforward process, meaning you can access the funds you need with ease. If you are unable to work for an extended time due to illness or injury you are entitled to claim.

The steps to claiming on your policy are:

  • Contact your insurance provider
  • Complete a claim form (usually online)
  • Submit medical evidence (if needed)
  • Submit financial evidence (if needed)

ADVICE FOR PILOT INCOME PROTECTION

Our team can help pilots find the best deal and rates for their income protection cover. We are proud to be #1 rated in the UK when it comes to income protection for specific occupations and pre-existing conditions.

Income protection is a great monthly benefit to have in place to protect yourself and your family from financial difficulty.

Speak to our specialists for FREE expert advice for how to save on your policy.

*according to Finder.com

USEFUL RESOURCES FOR PILOTS

Statista – Air transportation in the UK – statistics and facts

Gov.uk – Aviation statistics

Gov.uk – Statutory Sick Pay (SSP)

Citizen’s Advice – Check if you’re entitled to sick pay

Sign up for our newsletter

Stay in the loop about all the latest news, exclusive offers, and fantastic discounts. We promise it's spam-free!

Open chat
How can we help?
Scan the code
Welcome to iam|INSURED 👋

Please feel free to connect with us on WhatsApp so we can help you and answer your questions.

Click “Open Chat” to start.