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In this episode of A Wiser Retirement® Podcast, we discuss the importance of commercial airline pilot medical disability planning and why it’s often overlooked compared to life insurance. We explain how airline disability benefits work, the differences between short-term and long-term coverage, and why “own occupation” policies are essential. The conversation also covers supplemental insurance options, union vs. non-union benefits, and strategies to ensure your financial plan can withstand a sudden loss of income.
Related Podcast Episodes:
- Ep 173: Making the Most of Your Airline 401k
- Ep 253: Navigating the Future of the Airline Industry
- Ep 273: How Early Retirement Affects Pilot Benefits
Related YouTube Videos:
- New Delta Airlines Nonqualified Deferred Compensation (NQDC) Plan for Pilots
- Tips for Airline Pilots Approaching Retirement
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This podcast was produced by Wiser Wealth Management. Thanks for listening!
Chapters
1. Understanding Pilot Disability Coverage (00:00:00)
2. Why Disability Insurance Matters for Pilots (00:06:17)
3. Short-Term vs. Long-Term Disability Explained (00:09:03)
4. Loss of Medical: The Pilot's Unique Risk (00:14:02)
5. Supplemental Insurance Options and Costs (00:18:18)
6. Taking Action and Finding Support (00:26:01)
7. Closing Thoughts and Additional Resources (00:31:35)
308 episodes