How does Income Protection Relate to My Profession?

According to the risk of injury or illness at work, insurers categorise you into different occupational classes.

For instance, a plumber is a class 4 (higher risk), whereas an accountant is a class 1 (lowest risk). The risk factor affects the cost of your premium too.

Most insurers also publish a Class 5 or Class D(Decline) occupational class. Jobs coming under this area are automatically declined for income protection. Some occupations like, Member of Defence forces, Fireman, Boxer, Garda, Bus Driver come under this category. However, don’t feel let down if you are in a declined class. We can discuss alternate protection options for you.

Read more:

1. 1. At What Age Should I Get Income Protection Insurance in Ireland?
2. 2. Is Income Protection Suitable for All People?
3. 3. What Makes Serious Illness Cover a Good Idea?