Do both the regional and major airlines offer insurance in the event you lose your medical certificate for some reason? Is it a cost the airline covers or is that the pilot’s responsibility? Is it like long-term disability where it covers a percentage of your income or more?
Every airline has different contracts with their pilot groups, but in my experience all three airlines that I have worked for offer long term disability insurance. At United it basically pays $8,000 per month, tax free. We contribute some amount of money to the premiums and so does the company.