Petersen International Underwriters, a specialty insurance marketing and underwriting firm that writes aviation insurance business, has unveiled its new “loss of license” insurance for professional pilots.
The product provides temporary and/or permanent loss of license coverage with monthly and lump sum benefit payouts. The plan is available for both individual pilots and groups. And the coverage coordinates with an employer’s licensing authority within the U.S. and international aviation regulatory agencies. Added benefits include recurrent loss of license, waiver of premium as well as survivorship compensation.
Petersen International Underwriters is a Coverholder at Lloyd’s specializing in excess and specialty disability insurance programs for individuals and corporations. Petersen International also offers specialty life products, international medical plans, accidental death programs and contingency insurances.
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