The “Insure First” Pilots Income Protection Plan

An Introduction to

May 2014

Also using this income protection plan…

• Appointed 2011 for 3 years, Appointed for a further 3 years 2014

• Appointed 2012 for 3 years

• Appointed 2012, renewed annually since

• Appointed 2011, renewed annually since

Excellent track record in this region

Catlin Underwriting Hubs

Advised by a specialist Aviation Medical Examiner, Dr John Merritt (formerly Cathay Pacific Airways)

Problem:

You cannot perform your duties as a pilot

due to injury or sickness

Current Solution:

2 weeks – full pay2 weeks – half pay

Then?

Pilot Income Protection (PIP) - Better than Loss of Licence (LOL)

What is PIP?

Monthly income replacement . . .

. . . if you cannot perform your ‘normal’ duties . . .

. . . for any medical reason: any sickness or injury.

Status of your licence: not considered!

Pilot Income Protection (PIP) - Better than Loss of Licence (LOL)

Large group offer = discounted costs

No doctors visits. All nationalities

You can keep the insurance worldwide

Simple application process

Smokers do not pay more

If you can work at a desk, pays the difference

Benefits paid for maximum 60 months

Example: Without PIP

August 1st: Skiing accident

2 weeks:Full pay

2 weeks:Half pay

September:No pay

October:No pay

November:No pay

December:No pay

January:Back to work

Not flying much, low

pay

March:Back to full

pay

Example: With PIP

August 1st: Skiing accident

2 weeks:Full pay

2 weeks:Half pay

September:No pay

October:85% of income

November:85% of income

December:85% of income

Continues for 60 monthsOR

You return to workOR

You reach age 60

60 day waiting period

You choose how much insurance you want

Monthly Total Cost Benefit Benefit per year

A $ 2,500 $ 120,000 $ 625

B $ 5,000 $ 300,000 $ 1,250

C $ 7,500 $ 450,000 $ 1,875

D $ 10,000 $ 600,000 $ 2,500

Choose A, B, C or D

Do you want more?

Bonus included: Personal Accident Cover for $125,000 per

person

You can choose to buy more Income Protection insurance, Personal Accident insurance and Permanent Inability to Fly insurance

Most Psychological Conditions

HIV/AIDS – except where caused by medical treatment

Criminal acts or deliberate self harm

Active duty with an armed force

Undertaking a professional sport for remuneration

PIP – Standard Exclusions

Already working in other countries

USD

2011 $14,819

2012 $242,859

2013 $1,283,888

2014 to date $589,920

Income Protection claims already paid to pilots

Next Steps

• Answer any questions

• More pilots = greater discount

• Gather all interested people by end of May

• Launch in June

The Insure First Team

Andrew Kerton

+974 6689 1690

andrew@insurefirst.com.qa

Stanlli Offices Building 10, Office No 102, 1st Floor, P.O. Box -  30648, Muntaza, Doha – QatarC.R 50102

+974 4016 4847/8

+974 4488 9641

www.insurefirst.com.qa

The ABC TeamAbout AircrewBenefits.com

Pilot Income Protection (PIP) is an insurance product offered to professional Air Crew on an exclusive basis through Lumley Insurance Ltd. Lumley Insurance

Ltd is based in Cirencester, Gloucestershire, England.

John Lumley Louise Iredalejohn.lumley@lumleyinsuranceltd.co.uk louise.iredale@lumleyinsurance.co.uk

Charles Gosling Julian Ballcharlie.gosling@lumleyinsuranceltd.co.uk julian.ball@lumleyinsurance.co.uk

Lumley Insurance Limited, Southway House, Southway, Cirencester, Gloucestershire, GL7 1FN, United Kingdom

Tel: +44 (0)1285 885885 / +44 (0) 1285 656999

www.aircrewbenefits.com