Our top Membership Platinum has $1,000/month LTD coverage incuded as part of your membership dues, however you may purchase additional coverage amount to help ease the financial burden for you and your family. Additional amounts available in increments of $100 to provide supplemental protection. This benefit covers you for up to 2 years. If you are unable to perform the material and substantial duties of your regular occupation this benefit will help you.
This benefit is designed to aid pilots and their families from devastating financial loss due to disability. LTD insurance will help you to be able to cover living expenses during a period when you are not earning a salary.
Long Term Disability coverage, issued by The Prudential Insurance Company of America (Prudential), is an effective way to replace a portion of your income when you are unable to work due to an illness or injury.
IBAPA'S KEY ADVANTAGES
- · Buying group disability benefits are generally less costly than individual coverage.
- · Coverage can be an important component in your financial wellness plans.
- · This LTD solution includes a wide range of disability benefit solutions.
- · Claims decisions are fast and accurate.
- · Elimination Period is only 90 days.
COVERAGE TAILORED FOR PILOT'S NEEDS
Choose our Platinum membership plan which includes LTD coverage of $1,000
Additional coverage available in $100 increments to a combined max of $5,000*
Examples of Disability Coverage you may purchase:
Coverage and Cost are Monthly
| Coverage | Cost |
|---|---|
| $1,000 | included in Platinum |
| $2,100 | + $35.07 |
| $3,200 | + $54.44 |
| $3,700 | + $61.79 |
| $5,000 | + $66.80 |
The above rates apply to those under age 55, at age 55 duration of disablity payments reduced to 12 months.
*Pending quoted rates for amount of basic LTD, may not exceed 60% of income.
Eligible Members
- Membership is in good standing
- Have an active Class 1 FAA Medical certification
- Airplane class rating for license only
- Must have 3 take-offs and landings in last 90 days in an aircraft that requires your Class 1 FAA medical certification
- Under Age 55
Exclusions
What Disabilities Are Not Covered Under Your Plan?
Your plan does not cover any disabilities caused by or resulting from your: · intentionally self-inflicted injuries; or · active participation in a riot; or · commission of a crime for which you have been convicted under state, provincial or federal law; or · a specified condition. Your plan does not cover a disability due to: · war, declared or undeclared, or any act of war; or · pregnancy. But, this does not include a complication of pregnancy. Specified condition means a condition specifically named or described under Excluded Conditions in your Specifications Page. Complication of pregnancy means a condition, when pregnancy is not terminated, whose diagnosis is distinct from pregnancy but adversely affected or caused by pregnancy.
A 12/12 pre-existing exclusion applies, as well as for any increase in benefits
Disclaimers, Disclosures, and Terms
Disability means that the Insured Member, because of Injury or Sickness, is: 1) continuously unable to maintain Class 1 FAA FAA Medical Certification because of Injury or Sickness, including Mental Disorder.
Not for residents of New Mexico
Not for use in New Mexico
This site may contain marketing language, on products issued by The Prudential Insurance Company of America, that have not yet been approved in all states.
The products issued by The Prudential Insurance Company of America may not be available in all states.
North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT PLAN. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company.
New York Residents: This policy provides disability income insurance only. It does NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
Long Term Disability coverage is issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. California COA #1179, NAIC #68241. Contract Series: 83500
Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
GlobalBenefit Administration Services, provides administrative support services to insurance plans sponsored by associations and fulfilled by insurance carriers. Our support includes certificate issuance, and facilitation of information in support of applications and claims for benefits provided by the insurance carrier. The carrier fulfills the benefit determination and any payments on claims associated with those benefits.
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