LIFE INSURANCE
for FISHING

Fishing Life Insurance

Why use iam|INSURED?

Our team of highly skilled life insurance and health insurance experts will help you to find the best cover and cheapest premiums to protect your family or home. We are passionate about making sure that you and your loved ones are covered no matter what life throws at you. We offer fishing life insurance and health insurance from the UK’s biggest and best insurance companies as well as getting you the best cover with the cheapest premiums.

iam insured is one of the UK’s fastest growing and most exciting life insurance and health insurance companies and here is how we are different:

• Price Match Promise
• FREE expert advice
• Whole of Market
• Dedicated team of expert advisors

For more information about Fishing life insurance contact iam|INSURED on 01244 732890 or complete our form

How much does Fishing life insurance cost?

Every life insurance application will be subject to underwriting before your final premium for your fisherman life insurance will be confirmed. Some of the key factors for underwriting fishing life insurance, critical illness cover or income protection are:

• Do you fish offshore
• Are you a recreational or commercial fisherman
• What type of boat or craft do you use
• Do you have any pre-existing medical conditions
• Are you in good health
• Is your occupation dangerous

Premiums for Fishing Life Insurance:

There are several main points that will determine what you will pay for your Fishing life insurance, which include:

• Amount of cover (£’s)
• Term of policy (years)
• Type of cover (e.g. Family, Mortgage, Whole of Life etc.)

Fishing life insurance rates & ratings

Most applications for Fishing life insurance, critical illness cover and income protection will be accepted at standard rates which means that you won’t pay any more for cover than anyone else. Everyone who has a family, home or business should consider life insurance or health insurance to protect themselves or their loved ones no matter what life may throw at you.

Some of the main areas that can affect your premiums for Fishing life insurance:

• If you smoke
• Your Height and Weight (BMI)
• Occupational risks
• Health problems
• Medical history
• Family medical history

Percentage loadings for Fishing life insurance

You could find that a percentage loading may be applied to your premiums for fishing life insurance, critical illness cover or income protection because of certain additional risks that have been disclosed during your application. A percentage loading does not necessarily need to relate to your sport or hobby, it can be because of your lifestyle, health or your job which is why it is so important to disclose all facts accurately.

You should also note that Fishing life insurance ratings can vary from one insurance provider to another which is why it is important to speak to an expert like iam|insured. Each insurance provider has there own underwriting philosophy which is why rates and ratings can vary so dramatically between companies.

EXAMPLE:

Per mille loadings for Fishing life insurance

‘Per mille loading’ is applied to life cover in very serious cases and is unlikely to be added to your fishing life insurance. Fishing life Insurance featuring ‘per mille loading’ will add a set amount (Often £1 or £2) per thousand £’s of cover applied for. Insurance providers can be added to life cover for either the full term of policy or a specified period.

Exclusions for Fishing life insurance, critical illness cover or income protection

There are certain disclosures relating to your medical history or occupation which can cause you to have some exclusions on your cover, especially for critical illness cover and income protection. Generally you will not have an exclusion for Fishing life insurance or standard cover because of the fact that it pays out on death. You may find that there could be exclusions to a life insurance policy, which can be Total and Permanent Disability, Waiver of Premium or Guaranteed Insurability.

How much cover do I need?

You should carefully consider your own financial circumstances before you decide which level of Fishing life insurance you need to apply for. Our team of insurance experts will provide you with a selection of quotes and cover options that will suit your budget and your needs to protect your family, home or business.

Note: Life insurance rates are lower than they have ever been so you can get a lot more cover for less money currently.

Is Fishing life insurance more expensive than standard life insurance?

Generally Fishing life insurance, critical illness cover and income protection rates are the same as standard life insurance rates because the risks relating to Fishing are not considered to be high. Your application will be underwritten in the same way as any standard life insurance application and the main possible risks for Fishing life insurance are:

• If you fish offshore (Sea fishing)
• Are you a commercial fisherman

There are no other specific risks connected with Fishing life insurance.

Do I need Fishing life insurance?

If you have a home, family or business then you should definitely consider life insurance to protect them if anything should happen to you. Also you should consider critical illness cover to protect yourself and your loved ones if you were to be diagnosed with a serious illness. Other types of cover include income protection to cover your income if you are unable to work for a period of time and Private Medical Insurance to help you to get access to the best care.

Other types of cover

Fishing critical illness cover

You should consider Fishing critical illness cover to protect your family or your home if you are unable to work due to long-term sickness. Some insurers offer more comprehensive critical illness cover policies than others so it is important to review all of your documentation thoroughly before accepting any offer of cover. Some of the main conditions covered on a Fishing critical illness cover policy will include:

• Cancer
• Heart Attack
• Stroke
• Multiple Sclerosis
• HIV infection
• Kidney failure
• Parkinson’s Disease
• Alzheimer’s Disease

Some companies offer a standard critical illness cover policy, which will offer core cover for around 40 conditions and other providers offer more comprehensive cover for up to 175 conditions.

Fishing income protection

It is also possible to get cover to protect your income to pay your monthly outgoings such as Mortgage, Rent, Bills and general cost of living if you are unable to work due to sickness or accident. Fishing income protection will also generally cost the same as a standard income protection policy depending on your occupation and your health.

Income protection is especially important for people who do not have any support from their employer if they were unable to work or for people who are self-employed. You can select the right level of Fishing income protection cover for you based on your needs and your budget for cover.

Some of the options you have for Fishing income protection include:

• Length of cover (Years/To Age)
• Amount of benefit (£’s per month)
• Deferred period (1, 2, 3, 6 or 12 months)
• Short term or long term cover

Income protection is a more flexible type of cover, which means that you should be able to find cover and premiums to suit your needs and budget. Our team of Fishing income protection experts will help to guide you to the best cover and the cheapest premiums to suit your requirements.

Fishing private medical insurance

As the NHS becomes more stretched and the quality of care is reducing, it is more important than ever to make sure that you have access to the best care if you become ill or if you are injured. Some fortunate people will have private medical insurance through their employer, which is an amazing benefit with your work, however the majority of people will have to pay for their own cover.

Some of the main options for Fishing private medical insurance:

• In-patient and day-patient treatment: Cover your hospital fees, any specialist consultancy fees and you diagnostic tests as well as outpatient care, including surgical procedures.
• Advanced Cancer Cover: Comprehensive Cancer Cover is included as part of the core options cover, which includes limitless use of biological, hormone and bisphosphate therapies.
• GP referral service: You will have access to a GP service via an app which offers a helpline, video consultations within 48 hours, plus up to £100 towards private prescriptions and minor diagnostic tests.
• Worldwide Travel Cover
• Dental Cover (Major or Minor procedures)
• Therapies Cover
• Mental Health Cover

Currently the issues in the NHS and with access to care it is important to consider Private Medical Insurance to get you back to fitness quicker and with better specialist care.