Mission Statement
PFP (Pilots for Pilots) seeks to provide supplemental financial help and support for pilots who are medically boarded out (including death), through the collective voluntary contributions of participants in the scheme.
About PFP
It is a fact that we all live with a certain level of anxiety as regards to premature loss of earnings resulting from health problems or unforeseen circumstances. LOL and other similar type policies may prove prohibitively expensive for some of us and do not cover death.
With this in mind the PFP was initiated by a group of volunteer pilots from Scoot-TigerAir Pte Ltd and SilkAir in January 2017. The PFP project seeks to assure each participant of help and support from fellow colleagues by way of pledges made through the register. This project is strictly voluntary and its continued success depends very much on our willingness to honour our pledges when the occasion arises. The administrators maintain the register of participants and initiate a collection when required. ALL PAYMENTS ARE MADE IN FULL TO THE BENEFICIARY DIRECTLY WITH THE ADMINISTRATORS SERVING ONLY TO FACILITATE COLLECTION AND DELIVERY. All work done is strictly voluntary and attracts no payments.
To ensure the project will kick off to a meaningful start, each participant will be obliged to contribute $350 if you are a Captain and $250 if you are a First Officer for a loss event. (Rank is determined as on the date of loss event)
It is important to note that PFP seeks to be a supplementary plan to the various formal Loss of Licence insurance schemes, and should not be taken as the mainstay of one's Loss of Licence insurance needs. It is not an insurance, and benefits are not guaranteed. The viability of PFP lies with the willingness of participants to take ownership of the project and ensure its continued success by encouraging each other to honour obligations and to support and trust the Administrators to do the right thing.