Merchant Navy Life Insurance Cover

Merchant Navy life insurance, critical illness cover and income protection

Sports Financial Services is an insurance specialist for people who take part in extreme sports and who have dangerous jobs, including Merchant Navy life insurance, critical illness cover and income protection. Anyone who has a dangerous occupation should strongly consider some form of personal protection insurance such as life insurance, critical illness cover or income protection to ensure that their loved ones are financially protected in the event of accident, sickness, long term illness or even death. Most of us will think of nothing when it comes to insuring our cars, homes or even our pets, but most seem to miss the most important cover which is insuring ourselves. Merchant Navy life insurance, critical illness cover and income protection provides peace of mind to know that your loved ones are protected if anything should happen to you.

There are several key areas which would be considered by underwriters when it comes to assessing an application for Merchant Navy life insurance, critical illness cover and income protection, such as:
  • Your role
  • Duties and tasks
  • Time spent at sea
  • Deployment to areas of conflict
  • Other health/medical factors

How much you will pay for cover will depend primarily on how dangerous your job in the Merchant Navy is and whether you have any other risk factors to be considered, such as an extreme sport or hobby and any other health or medical issues.

Roles in the Merchant Navy:
  • Engineer
  • Communications officer/technician
  • Pilot
  • Captain
  • Medical officer

If you need help to get a competitive quote for Merchant Navy life insurance, critical illness cover or income protection then you should contact one of our team of experts on 0345 565 0935 today.

Merchant Navy life insurance

It is often fairly simple to get Merchant Navy life insurance, especially when the role is fairly low risk (e.g. Administration, medical staff, catering etc.) and you are not likely to be involved in conflict. In most lower risk cases it should be possible to get a Merchant Navy life insurance policy in place with no increase in your premiums so you should pay the same amount as someone with no occupational risk factors. There is a chance that cover may increase for someone who has a higher risk role in the Merchant Navy for life insurance depending on what their role is and how high risk the duties are.

Some of the main factors which will be assessed by underwriters when reviewing an application for Merchant Navy life insurance are:
  • Which type of job role do you have in the Merchant Navy
  • How long have you been in the Merchant Navy
  • Does your job involve hazardous activities
  • Do you have any other health or medical issues
There are several other standard factors which will be taken in to consideration when assessing an application for Merchant Navy life insurance, including:
  • Level of cover (£’s)
  • Length of policy term (years)
  • Type of life insurance policy

If you want some help to get a suitable and competitive Merchant Navy life insurance quote then you should speak to one of our team of advisors on 0345 565 0935.

Merchant Navy critical illness cover

It is often possible to get a policy for Merchant Navy critical illness cover and in most cases the premium should be the same or very similar to a standard critical illness policy as long as your role is relatively low risk. There may be some restrictions or exclusions applied to your policy if your job involves some related long term illness or injury risks.

It is also possible to get a Merchant Navy critical illness cover policy if your role is higher risk however there could be some premium changes which will reflect the increased risk. If your role is classed as very high risk then you may find that we will need to approach a more specialist insurer for you.

Merchant Navy income protection

There is a possibility that we will be able to get a Merchant Navy income protection policy for you as well which is something that has changed in recent years. This type of cover will generally come with some restrictions based on the levels of risks involved with this type of occupation.

Merchant Navy life insurance, critical illness cover and income protection

We can help you to get the right cover in place to protect your loved ones for your Merchant Navy life insurance, critical illness cover and income protection cover, simply contact one of our experts on 0345 565 0935.

 

Contact us now for your life insurance quote or apply online

Contact Us Get Started