Air Health Monthly Pay Disability Benefits
Underwritten by Great Southern Life Insurance Co. – Kansas City, MO. Policy Form #IMP-C
A disability insurance policy is one of the most important aspects of a sound financial plan. Over the past 60+ years of working with pilots, seldom has a day past where a pilot has not told us that this is the most important investment they have made. Our experience has shown us that many of today's pilots in US based airlines have some sort of an issue with their medical every year. That's why we are proud to say that not only invented this coverage, but we are constantly working to make it the strongest product at the best value available to professional pilots.
It permits a disabled pilot to pay mortgages, bills, business involvements, investments, real estate purchases and children's education. In other words, it allows a disabled pilot to live within the reduced monthly income that invariably follows the loss of a FAA Medical Certifcate. The policy is yours and guaranteed renewable until you reach the maximum age. Harvey Watt Insurances give you the unique reassurance in knowing that your coverage won't change even if your airline or union does.
- Cash flow is critical when you're unable to work for an extended period of time.
- Air Health provides exceptional benefits at affordable rates.
- Provides monthly payments to help keep your world intact until you get back on flight status.
- If you are unable to fly as a result of an insured sickness or injury, our insurance can provide up to 48 monthly payments from $500 to $6,000 per month, after as little as 6 months of continuous disability, depending on the plan selected.
- 12 months wait & 48 month benefit*
- 12 months wait & 24 month benefit*
- 6 months wait & 18 month benefit*
- Disability is the inability to perform the material duties of a commercial pilot due to sickness or accidental bodily injury.
- This coverage is ideally suited to combine with Lump Sum and Long Term Disability coverage. Together, they provide blanket protection for short term and permanent disability.
- You may receive up to two thirds of your lost monthly income in Air Health benefits and up to 100% from all sources. Benefits under the Air Health programs will be reduced so that total benefits from all sources do not exceed 100%.
- Monthly benefits cease when the cumulative benefits reach the respective benefit termination period, you reach the limiting of the plan for which you are insured, you die (or disappear), you return to active flight status, or you meet FAA medical certification requirements, whichever comes first.
- Benefits are TAX FREE¹ because you pay for them with after tax personal funds.
* The number of benefit months decrease under this plan after age 55. Review the Air Health Premium Charts for complete details.
Harvey Watt & Co., The Aviation Health Association, Symetra Life Insurance, or Great Southern Life Insurance Co., do not give legal or tax advice. This is only our understanding of current tax laws. Since these laws are subject to interpretation and change, we recommend that you seek independent counsel regarding your tax situation.
Learn about Lump Sum Disability and Extended Long-Term Disability