As a Republic Pilot, you are privy to a handful of overlapping benefits from Republic corporate, the Pilot's Association called "ALPA" which stands for the Airline Pilots Association, and individual coverage that you can buy on your own. There are lots of resources on line that describe these benefits. We have put some links at the bottom of the page should you want to look at some of them.
When searching the Internet, you will find that there are lots of opinions and interpretations regarding the issue of disability insurance for pilots. Since this webpage is dedicated to disability insurance for Republic pilots in particular, let's move in that direction. Here is what the benefits page says on one of Republic's benefit websites:
Voluntary Short Term Disability: The short disability insurance program helps protect Associates when they are unable to work due to non-work-related (off the job) illness or injury. Benefits begin on the 8th consecutive day of total disability and can last for up to 26 weeks. The cost for this benefit is shared between the Company and the Associate and varies based on the Associates’ pay.
Voluntary Long Term Disability: The long term disability insurance program pays a benefit of 60% of earnings (to a maximum of $5,000 per month) if an Associate cannot work because of a disabling illness or injury. The disability must be for at least 180 days and is offered to all eligible Associates. The premiums for this plan are based on age and salary.
You will notice that the issue of disability insurance is oftentimes a "side show" compared to sick leave, 401k's, and stock options. We find this unsettling because what is the greatest risk to your income? Answer: disability, and for pilots it is even more precarious because it is a matter of passing your FAA Medical. Did you know that sometimes you feel fine, can most likely do your job, and then fail the FAA Medical? Don't believe it can happen to you? We suggest you read and watch this.
Based on public info, sections of the disability insurance are "VOLUNTARY" for Republic Pilots. Which means that you have to participate to get it should something happen to you, or in the least, to participage fully. Once again this insurance is to pay a portion of your current paycheck for the duration of your disability, or until a certain age if your disability is permanent. The question you have to ask yourself is: "can I live on that disability payment?" or "can I maintain my current lifestyle if I become disabled?". If you read that website, you have to ask yourself: Can I maintain my lifestyle on a max. of $5000 a month? The also consder: If I don't consider myself disabled, but fail my FAA medical, will that insurance pay?
These are all great questions and we suggest you immediately call us if you are not sure on these issues. Our professionals are very well-versed on Republic Airline benefits for their pilots. They know the important questions to ask so you get straight answers and protect your family.
Whether we talk on the phone or in person, the objective is to MAKE SURE that you have the right policy for you. This includes making sure there are no conflicts or double-coverage with the benefits package you currently have.
Each quote can vary depending on your current income, the nature of your exact job, flight frequency, and other factors. If you want to save money, you get a custom quote. That's how we stay competitive and can proudly say we have the best disability program in the airline pilot community.
We are here. If you ever have a question, simply call us. The people that sell it, are also the people that service your account. We consider you family, so why would we send you to a call center with an anonymous voice somewhere? If you need something, call us directly.
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Weekends: By Appointment