Working as a manual worker 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 a manual role than if you were working in an office, for example.
As the nature of your occupation may increase the likelihood of you experiencing sickness or injuries and delay your return to work; your income protection insurance premiums may reflect this. Although income protection insurance may be another expense you would rather spare, if you answer no to any of the questions below it may be worthwhile taking the time to figure out how you would cope without your regular income.
- Would your savings provide sufficient financial support for you and your family to survive for several months?
- Could your partner’s income alone provide enough support for the needs of your family?
- Would under £100 a week in state benefits support you and your family?
For the majority of people, the answer to all three of those questions is no. Manual workers, who are particularly at risk of sickness and injury preventing them from working, especially need to consider how income protection might help.
As a manual worker you may have looked for cover before and found it over-priced or unable to get the level of protection you need. Often insurers will want to offset the increased risk they associate with manual workers and may charge higher premiums.
However not all providers will discriminate against manual workers for being classed as a high risk occupation. There are specialist providers around who may be more lenient to your situation.
Endsleigh’s qualified financial advisers are independent, meaning they are not restricted to any one provider in particular and are able to search the market of your behalf. Before our advisers begin their research they gain a full insight of your needs and circumstances to ensure your income protection policy is the most competitive and suitable available.
To speak to a financial adviser please click here to request a call back or call 0800 389 2193
