Life Insurance for firefighters

Life Insurance

Being a firefighter involves inherent risks compared to many other professions. Engaging in fire suppression, working at elevated levels, and conducting water rescues are just a few examples of tasks that may not be as safe as other professions.

Life insurance for firefighters is typically accepted under standard terms by most insurance providers.

A few important questions we need to ask you:

1. What height do you typically work at, exceeding 40 feet?

1. What percentage of your work week involves manual tasks, administrative duties, or supervisory responsibilities?

1. Do you need to work outside the UK at any point?

The working at heights question can be challenging since it involves reacting to various situations, but we can usually come up with an average instead of definitive answers. Insurers understand that even though you work in high-risk situations, this is not all day every day, and you implement many safety procedures.

For firefighters, the life insurance application should be simple. Life insurance applications typically inquire about your personal and immediate family’s medical history, which may impact the terms offered to you.

Critical Illness

Critical illness cover for firefighters is generally accepted at standard terms by most insurers. Insurance providers fail to recognize that working as a firefighter often raises the likelihood of being diagnosed with a critical illness covered by their policies. Certain conditions may make you more susceptible to risk, but most insurers do not consider your occupation a major factor for this type of policy.

Certain critical illness policies offer coverage for Total Permanent Disability (TPD) as an automatic inclusion or optional add-on for claiming. The total and permanent disability option may not be available for firefighters, which could be listed as an exclusion on your policy. This is just one of the many claimable conditions in the policy, often more than 50. Please be aware that it may be challenging to qualify for this one, so don’t worry if you can’t.

Income Protection

Income protection policies for firefighters can be found at standard terms with select insurance providers. When applying for income protection, it’s important to carefully choose which insurer to use because your occupation is considered high risk for this type of policy. The requirement to be in good physical health is important for work, as even minor injuries or illnesses can impact your ability to perform your job. This increases the likelihood of you making a claim on the policy.

It is crucial that you opt for an own occupation definition for the policy, as this will ensure that any claims you submit will be evaluated based on your capability to work as a firefighter. Alternative definitions include occupation suitability or any occupation description, leading to any claims you make being evaluated based on your capability to perform similar or any type of job. These last two definitions still offer useful protection, but are harder to utilize compared to an own occupation policy.

Our financial advisers will help place your application with the appropriate insurer to increase your chances of getting an own occupation policy.

Income protection for firefighters will be established with various deferment periods of 1 day, 1 week, 4 weeks, 8 weeks, 13 weeks, 26 weeks, or 52 weeks. The deferment period determines the duration you need to wait to get your policy payout after you become unable to work. Consider factors like your employment benefits, savings, and budget when deciding which deferment period is right for you.