Scaffolders, whether working in the commercial, industrial, or residential industries, are considered to have a risky occupation.
Job duties often include working with machinery and equipment at significant heights to erect a safe framework for other individuals to stand on while they work.
Some of the risks associated with working as a scaffolder include serious injury, equipment-related safety issues, and, most obviously, working at great heights.
With scaffolders’ daily safety risks, securing affordable, comprehensive life insurance coverage can sometimes be more challenging.
Other types of financial protection, such as critical illness cover and income protection, may also be harder to secure.
Here, we will discuss the challenges people face when seeking scaffolders’ life insurance coverage and the information they should know to find and purchase a comprehensive, affordable policy.
Scaffolders Life Cover From Claybrooke – Quote Form
What Affects Life Insurance Policies For Scaffolders?
The height at which scaffolders work often affects their life insurance options.
- Workers who operate under 40 feet can often secure a life insurance policy for standard terms from most life insurance providers.
- For people who work above 40 feet, a life insurance application may need to be submitted to a specific insurance provider that may be more willing to provide the required life insurance policy, given the increased risk of heights.
Life insurance providers are willing to offer scaffolders standard terms for a policy regardless of the height at which they work.
Additionally, if you work abroad, the insurance agent will need to know the locations and will consider your travel when deciding whether to provide coverage and at what premium to charge.
Click To Compare QuotesThe insurance advisors at Claybrooke can help match scaffolders with the right insurance company to provide the best possible coverage.
Income Protection for Scaffolders
Scaffolders can secure income protection with their own occupation definition by approaching the right insurance provider.
Income protection means that if you cannot work due to an injury or illness, the protection policy will pay out to help you financially.
Using other definitions of cover, including any occupation or suited occupation, may be more challenging to secure.
- Claybrooke advisors will encourage scaffolders to purchase their occupation cover whenever available.
- Generally, income protection will be offered with a deferment period of between 4 and 52 weeks.
This period is the amount of time you will need to wait from the time you stop working due to illness or injury until your critical illness coverage will be paid.
Your decision on which deferment period works for you should be made based on the benefits offered by your employer, your current savings, and how much financial support you need to cover expenses.
Critical Illness Cover for Scaffolders
When applying for critical illness cover as a scaffolder, you must outline the details of your occupation, precisely the height at which you work.
Those who work 40 feet or lower are often offered critical illness cover at standard terms.
Heights above 40 feet are considered much more risky, so you may need to approach a specialised critical illness coverage provider.
Claybrooke can help you find the right provider who is willing to work with you and meet your needs.