AFFORDABLE HIGH RISK LIFE INSURANCE
WE SPECIALISE IN PROVIDING LIFE, CRITICAL ILLNESS AND INCOME PROTECTION INSURANCE FOR ANYONE WORKING IN THE OIL AND GAS INDUSTRY
We understand that obtaining the cover you want can be difficult, as your job may be perceived by insurers as hazardous or high-risk, which brings a whole load of barriers to obtaining life insurance, including: increasing the premiums to cover the risk factor that you bring, place exclusions to cover the risk, or decline your cover altogether.
A FRESH APPROACH
We understand this difficulty, however, we have specially trained advisers on-hand to understand the work you do and all the potential risks involved. Our extensive industry knowledge allows us to provide 99% of cover with no increased premiums, which makes us stand out from other insurers.
AFFORDABLE HIGH-RISK LIFE INSURANCE
We understand that your high-risk job in the oil and gas industry can be challenging but rewarding at the same time. We are well-aware of all the sacrifices that you have to make like handling the long work hours, extensive time away from the ones you love and the physically demanding responsibilities that come with the job, it’s not easy. So we want to do everything we can to ensure that protecting your family’s future isn’t as tough, with our affordable high-risk life insurance policies.
WHY OUR AFFORDABLE HIGH-RISK LIFE INSURANCE
Our life insurance policies are tailored to suit all high-risk occupations and your individual needs – all with the added benefit of no increased premiums. We offer standard premiums and worldwide coverage, so you can rest easy knowing that you’re fully covered with our affordable high-risk life insurance, wherever you are, no matter what your job is.
Unlike standard brokers, we fully understand that your job is high risk, so we won’t do what they do and increase your premium to cover the risk, place exclusions to cover the risk or decline your cover altogether. Instead, we recognise that getting affordable high-risk life insurance can be difficult, but our specially trained advisors work to find the most suitable cover for you. Our extensive industry knowledge allows us to provide 99% of cover with no increased premiums.
LEAVE YOUR LEGACY WITH AFFORDABLE HIGH-RISK INSURANCE
We offer life insurance to protect the most important people in your life, so you can leave a legacy and not have to worry about how they are going to manage when you are no longer there. Our affordable high-risk life insurance provides cover for the ones you love and pays out a cash lump sum or income if you were to die. The best thing about the policy is that you can personalise your cover just for your family and by setting up high-risk life insurance, you are ensuring that they are looked after in the future.
Our policies are specially designed to help families cope with the loss of the households main earner, to help them deal with financial pressure, as it can be overwhelming. There is a multitude of different types of cover to suit a variety of different needs including:
Cover to last for a defined period or for the rest of your life
Cover just for you, or you and your partner
Cover that stays at the same level, or increases with inflation
Cover that pays out as a lump sum or an income
We have a whole host of options for you to choose from that suits all individual circumstances.
Term Assurance is the type of cover that we most often recommend, although we fully understand that every individual’s circumstances are different and upon a conversation with you, we will explore what is the best option for you.
Our affordable high-risk life insurance pays out on the death of the policyholder for the period insured and you can set the levels of cover you need, for any duration, with Term Assurance. If you die within that period, the policy pays out and many policies pay early if you find that you have under 12 months to live.
CRITICAL ILLNESS COVER
However, if our life insurance isn’t for you, then our Critical Illness cover might be. Critical Illness Cover can pay out a tax-free cash lump sum when you need it the most, as it pays out when you are seriously ill and protects you against a major health crisis. The cover can help with care costs, medical bills, or even travelling abroad for treatment. It can also cover your financial commitments if you have a major crisis.
However not all Critical Illness cover policies are the same and cover needs to be chosen carefully, as it’s crucial to know what you’re getting, and it can prove to be hugely beneficial. We find that many people buy the cheapest cover they can get and then find they can’t claim, we ensure that this is not the case. However, if you are unsure, we can help you find the cover that suits you and your needs, as we are the only RMT Union Approved Specialist in the whole of the UK.
INCOME PROTECTION INSURANCE
Here at C&D Specialist Insurance, we also offer Income Protection, the policy we recommend that every working person should consider. We believe Income Protection is an essential cover you can buy, as it can pay out if you are sick, disabled or unemployed.
Income Protection starts paying out after you have been signed off work by a doctor, as you are far more likely to be unable to work due to illness than to die. Income Protection could prove to be invaluable to your life if you were to fall ill or unemployed. And if your income is the one thing that pays for all your outgoings, Income Protection covers everything you pay for. The best policies provide a tax-free monthly amount until your retirement date, you could also be protected against disability and sickness and you can opt for unemployment cover too. Other benefits of Income Protection include:
Homemakers can cover the cost of home care and childcare
Pays out until you are able to start working again, or for the period you choose
The most comprehensive Income Protection Policies are ‘Own Occupation’ policies, that cover you if you are unable to do your current job. Beware of ‘Any-Occupation’ cover which only pays out if you’re unable to do any paid work, you could be off work but not ill enough to claim, so just be careful.