Trainee Calc

Warning

This premium calculator is designed to make it easy for you to quickly find out the premium for the amount and type of cover you are searching for. Please note that it does not represent an offer of insurance; any policy will not be in force until you complete and submit an application form and until we have subsequently informed you that you have been accepted by insurers and are on risk.

Special features that other providers may not offer

Protection if you are unable to fly solo and therefore cannot complete your training

Protection if you have to do remedial training because of ill health

Calculator

How much cover can I take out?

The amount of lump sum cover for loss of medical is limited to the total cost of your training course, plus accommodation if paid in advance as a lump sum. At the time of a claim it is limited to the lower of the sum insured or the cost of the course fees incurred plus any course fees you are contractually committed to pay. The total cover for lump sum and monthly benefits combined should not exceed £200,000. For the purpose of this calculation the monthly benefit is multiplied by the number of months benefit chosen i.e. £500 X 24 months = £12,000 benefit.
Monthly benefit for loss of medical is limited to the monthly expenditure on loan repayments, accommodation, or living expenses in connection with your training that you are contractually committed to pay at the time of the claim. The total cover for lump sum and monthly benefits combined should not exceed £200,000. For the purpose of this calculation the monthly benefit is multiplied by the number of months benefit chosen i.e. £500 X 24 months = £12,000 benefit.

Title

First Name

Surname

Where are you training?

Date Of Birth

Expected format: DD-MON-YYYY

Inception Date for this Insurance

Expected format: DD-MON-YYYY

UK Resident

Balpa Member

Borrowing from a commercial lender to fund the course

Who are you borrowing from

BBVA requires you to take out 5% more cover than the amount you are borrowing from them, for both loss of medical and life cover .

Lump Sum Benefit

Total cost of your course + accommodation if included

Lump sum cover already held from any source

Monthly Sum Benefit

Waiting Period

days

Number Of Months Of Benefit

Contractually committed monthly payments

Monthly benefit cover already held from any source

Number of months payable

Life Cover Amount

Are you a Smoker

Other Life Cover Amount

Counter

105617

Basic Information

Details of any borrowing - only complete this section if relevant

Lump Sum Loss of Medical Cover - only complete this section if required

Monthly benefit loss of medical cover - only complete this section if required

Life Cover