Page 53 - Marine Insurance IC67 EBOOK
P. 53
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disease or disability including natural deterioration terminates his membership of any aircrew
of the life assured which is of a permanent nature Associations if the same has been obtained
and prevents him/her from attending to the through the offices of any such association.
occupation. l This insurance shall apply while the insured
is anywhere in the world.
Temporary Total disablement means any l Insurer has the liberty to appeal against
disablement due to personal injury or illness, suspension, restriction or loss of licence in
disease or disability including natural deterioration the name of the insured and the insured shall
of the life assured which is a temporary nature provide information and assistance for
and entirely prevents him from attending to the defence.
occupation.
Extension /Add ons
Exclusions Nil
l Death of the Insured Person
l Any personal injury, illness, disease or Variants
PA Group, Group mediclaim policy
disability existing prior to the inception of the
Policy 2. Underwriting Guidelines
l Insured Person taking part in riots or civil Proposals should be accepted only from in the
commotion age group of 18-65 years having valid licence
l Intentional self injury, suicide, provoked issued by DGCA and medically fit to hold the
assault, dueling, fighting or venereal diseases same. Types of Licence issued to pilots are:
l Deliberate exposure of the Insured Person to
exceptional danger ALTP : Airlines Transport Pilots Licence
l Any personal injury, illness, disease or CPL : Commercial Pilots Licence
disability giving rise to a claim under any
previous Permanent Total Disability l The Policy should not be issued as a Stand
l Riding or Driving in any kind of race alone product and should be issued to clients
l Chronic alcoholism who place their aviation business ie Hull All
Risk and PA(Aviation) insurance.
Conditions
l Disputes to be referred to Medical Referee l At the time of acceptance of proposal, proof
l Insured to authorize Company to seek opinion of satisfactory electrocardiogram within the
past 24 months must be provided.
of the principal medical officer of the
competent civil authority to ascertain l All proposals should be referred to HO for
whether or not an incapacity is presumed to approval of rates and terms.
prevent him to follow his occupation
l Insured Person may ,if required have to Determination of sum insured/values to be
submit to an independent medical or surgical insured
examination
l Policy will cease automatically if the Insured Sr Age of Pilot Capital Sum Insured
Person loses or terminates his membership No
of anyone of the Aircrew Association
Extensions/ Add Ons. 1 Up to 45 years 3.5 times of annual Income
l Insured if required shall submit to an
independent medical or surgical examination. 2 46 to 50 years 3 times of annual Income
l Policy to cease if insured losses or
3 51 to 55 years 2.5 times of annual Income
4 56 to 57 years 2 times of annual Income
5 58 years and above 1 time of annual Income
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