LIFE INSURANCE FOR ENGINEERS
ARE YOU LOOKING FOR LIFE INSURANCE FOR ENGINEERS?
If you are, look no further than C&D Specialist Insurance as we help provide Life Insurance with Critical Illness cover for Trainee and Chief Engineers with no increased premiums, alongside 99% of other offshore occupations.
COMPREHENSIVE COVER FOR LESS – LIFE INSURANCE FOR ENGINEERS
We understand that within your role as an engineer you primarily conduct testing, production and manufacturing to find economical and environmentally safe ways to extract oil and gas from natural reservoirs beneath the seabed. Your role also involves you installing drilling equipment, overseeing drilling and being responsible for maximising production. Therefore, you are faced with high risks everyday that can include chemical burns, equipment malfunctions, hearing loss, lung damage, heavy lifting and eye damage.
WHY PAY MORE FOR WORKING OFFSHORE – LIFE INSURANCE FOR ENGINEERS
We also understand that because of the risk you pose to insurers, it is highly likely that they will increase premiums and place exclusions to cover the risk or decline your application altogether. However, we take a fresh approach to life insurance and we don’t believe that you should pay more for working offshore.
WHAT TO EXPECT – LIFE INSURANCE FOR ENGINEERS
When you apply for life insurance, the insurer will want to know the industry that you work within and they will take particular interest in your job, as you work offshore. It is in this circumstance that you may need to direct your Life insurance application to an insurer who looks at these risks favourably.
We can help provide Life Insurance for Engineers so that you, and most importantly your family, are protected. Our Life Insurance for engineers provides for your family in the event that you die. It pays a cash lump sum or income to your trustees, and cover can be personalised to you and your family. Policies are designed to help families cope with the financial pressure of losing the household’s main earner.
GOT A MORTGAGE? WE CAN HELP
If you’ve got a repayment mortgage, don’t worry, this type of cover can help you or your family pay it off. This type of decreasing life insurance cover pays out a tax-free lump sum designed to match your outstanding mortgage balance and overall mortgage term. It pays out on death or earlier diagnosis of a specified critical illness.
LIFE INSURANCE WITH CRITICAL ILLNESS COVER FOR ENGINEERS
You can also get Life Insurance with Critical Illness Cover that pays out if you are diagnosed with one of the illnesses specified in the policy, to provide financial protection and peace of mind for your loved ones. The cover can help with things like:
Care Costs
Medical Bills
Travelling abroad for treatment
Financial Commitments
INCOME PROTECTION INSURANCE
If you were to fall ill, disabled or unemployed, it would be nice to know that your wages are protected, so you don’t have to worry about how you and your family are going to get by. That’s why we recommend Income Protection Insurance as an essential cover you can by, as it can cover up to 70% of your pre-tax pay if you are unable to work, making being unable to earn less of a worry.
CONTACT US TODAY – LIFE INSURANCE FOR ENGINEERS
For more information about Life Insurance for engineers or other life insurance products for offshore industry workers contact us on T: 01224 044045 E: enquiries@candd.uk.com