VLF – FAQ
This maximum contribution level is above the EBA reimbursement amounts. For all members, there is the ability to purchase extra protection by topping up the contribution paid by your respective employers.
For the full table with details of cost and Company reimbursement, view VLF – LoL Protection.
Virgin Australia Airlines New Zealand Crewing & Employment EBA Amount: NZD2,600
Your Loss of Licence Protection Limit will be calculated on the exchange rate as at 1 May 2017.
Please contact VIPA Financial Services to discuss your required LoL Protection Limit.
Please note VLF Protection limits are in Australian dollars.
Virgin Australia Short Haul – $2,858.90
Virgin Australia Long Haul – $2,640
VARA – $1,353.44
Tigerair – $1,708.20
VANZ – NZD2,600 or 1.5% of base salary.