Award Accidental Death Cover

We provide an insurance policy to meet the requirements of the Air Pilots Award 2010, section 22.11(a) as follows:

"An employer will provide each of their pilots with accident insurance for a death benefit of not less than $78,414 for employees engaged in aerial application operations and $282,291 for all other pilots over and above any entitlement available under accident compensation legislation".

 

The policy will provide a lump sum benefit of $282,291 or $78,414 on death caused from flying or otherwise. The cover is provided 24 hours a day, worldwide.

The policy can be structured as Superannuation Life Insurance so that the employer receives a tax deduction on the premium.

The insurance is guaranteed renewable, that is each year it is renewed automatically on payment.

The Super Life Insurance does not attract fringe benefits tax.

 

Air Pilots Award 2013

The information in this website is general in nature and may not be relevant to your individual circumstances. You should refrain from doing anything in reliance on this information without first obtaining suitable professional advice. You should obtain and consider a Product Disclosure Statement (PDS) before making any decision to acquire a product.

Westbook Investments Pty Ltd trading as Pilot Insurance ABN 12 085 026 713
is a Corporate Authorised Representative (No. 462716) of ClearView Financial Advice Pty Ltd ABN 89 133 593 AFSL No. 331367

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