Disability Insurance Occupation Classes
A lot of insurance agents shy away from selling individual disability insurance simply because it can be a complicated product. One reason for the complication is that the rates are dependent upon each client’s occupational risk class. To complicate matters even further, each carrier has different guidelines on how they assign disability insurance occupation classes. […]
Understanding Disability Insurance Occupation Classes and Definitions
Disability insurance provides important protection for anyone who depends on a paycheck. Although certain markets – like doctors – have traditionally been seen as prime prospects, workers in all different types of industries can benefit from the peace of mind that comes with coverage. This doesn’t mean that occupation doesn’t matter, however. In fact, occupation […]