Income protection is not just available for people in occupations perceived to be lower risk. Nearly everyone who relies on a monthly income to keep their head above water is likely to need income protection.
Those people in jobs classed as high risk or dangerous are more likely to need income protection than most.
Working in such an occupation not only exposes you to an increased likelihood of injuries, but any sickness or injuries you do develop will be more likely to prevent you from returning to work in your actual occupation.
Fire fighters, police officers and other physical roles may not only be dangerous occupations, but also due to the nature of their work they are likely to take longer to return to their day jobs. Income protection for such dangerous occupations can ensure that if sickness or injury occurs, financial hardship will not follow.
However as dangerous occupations can increase the likelihood of you experiencing sickness or injuries and thus delay your return to work, insurers will often offset the increased risk by charging more for premiums.
Endsleigh can offer detailed advice on how your occupation can influence your income protection insurance options. You may have been charged more, or refused cover before, however Endsleigh’s independence means they can search the market and their advisers have access to specialist companies who are more lenient towards high risk occupations.
If you would like to speak to an independent financial adviser about your income protection needs please click here to request a call back or call 0800 389 2193
