Police officers and law enforcement officials are an important part of making sure we are safe in our day-to-day lives.
When it comes to acquiring life insurance with this occupation, many individuals believe it will be harder to secure or very expensive based on the increased risk they face as part of their job.
The truth is that many individuals who work as police officers are able to secure a life insurance policy with standard terms and standard monthly premium payments without much difficulty.
Life Insurance Policy Information
As mentioned earlier, it is possible for police officers to secure a life insurance policy with standard terms and normal monthly premium payments.
While it is simple to place an application with any insurance provider, it is important to make sure you disclose all necessary information about your occupation including any abroad travel you may be doing.
Withholding this type of information may cause a life insurance claim to become null and void should you need financial support later on.
Critical Illness Cover Information
Just as with life insurance policies, critical illness cover applications are often accepted by insurance providers at standard terms with normal monthly premium payments.
Although this is true, it is again important to make sure you are disclosing any and all travel abroad information with the insurance agent in order to avoid any issues with making a claim.
Should you need assistance placing a critical illness application, the insurance advisors at Genesage are available to help.
Income Protection Information
Currently, there is not a Long Term Income Protection option available to law enforcement, police officers, special constables, or other community support officers. Although this is the case, some insurance companies will offer policy officers short-term income protection policies.
These policies will be in effect in the case of accident or sickness that prevents an individual from working for between 12 and 24 months and it is important to make sure that the income protection benefits begin right as or shortly after any employer provider sick pay ends, helping to prevent any gaps in income.