Most insurance providers will offer Life Insurance for builders at standard terms. Where your job requires you to work at heights of 40 feet and over, you will need to inform the insurer of this so that they are fully aware of your occupational requirements before offering cover. Working at heights regularly may have an impact on the premiums companies are willing to offer.
As with builders Life Insurance, Critical Illness Cover applications should also be accepted at ordinary rates with most insurers. Again, you will need to provide the insurer with details of any significant heights that you are required to work at for your occupation.
Builders Income Protection policies are available with a few insurance providers with an own occupation definition. It is important that you apply for an own occupation definition for the policy, as this will mean that at the point of claim you are assessed on your ability to work as a builder. If you were to choose a policy with a suited occupation or any occupation definition, then any claim you place will be assessed on your ability to perform any like job or any job at all. This makes the claim criteria much broader and means that you must be much more ill in order to make a successful claim on these definitions. Our financial advisers can ensure that your application is placed with the correct insurer to enhance your chances of being offered an own occupation policy.
Income Protection for builders will be written with a deferment period of 1 day, 1 week, 4 weeks, 8 weeks, 13 weeks, 26 weeks or 52 weeks. The deferment period is the amount of time that you must wait from becoming unable to work, to receiving the benefit payout. You should consider any employment benefits, savings and budget for the Income Protection policy when you make the decision as to which deferment period suits you. Our financial advisers regularly help clients to determine which deferment period best suits their individual circumstances and we are happy to discuss the benefits of different options with you.
For more information on specific health conditions, pastimes, occupations and countries please select here:
Request a Callback
By clicking on submit I / We give consent for you to call me / us on the number provided to discuss my / our financial requirements.
Talk to a Friendly Adviser
Please feel free to call us on 0800 567 7450 and one of our qualified insurance advisers will be happy to assist you.
Builders construct buildings and other structures using a variety of materials including brick, tile, wood, concrete and glass, to name but a few. Builders must remain vigilant whilst designing, constructing and maintaining sites that they work on to ensure that their work is safe for use by the client and follows all legal requirements.
Other Services Available
You can apply for any of the following services through ourselves
* Please note that accident and sickness cover will likely exclude pre-existing health conditions.
** These services are placed with our selected partners.
Further Reading and Research
By clicking on the link(s) above you will be departing from the regulatory site of Special Risks Bureau. The Special Risks Bureau (Cura Financial Services) is not responsible for the accuracy of the information contained within the linked site(s).
We are specialist high risk insurance advisers who are dedicated to helping everyone get the insurance that they need.
The materials in this website are in no way intended to offer medical advice. Please consult your doctor if you notice medical symptoms or feel ill.
Information regards taxation levels and basis of reliefs are dependent on current legislation, individual circumstances are not guaranteed and may be subject to change.
Special Risks Bureau is a trading style of Cura Financial Services Ltd, which is authorised and regulated by the Financial Conduct Authority.
The Financial Conduct Authority does not regulate trusts.
The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service please visit www.financial-ombudsman.org.uk.
Cura Financial Services Ltd is Registered in England and Wales, Number 8478749, 2 Station Approach Offices, Filey, North Yorkshire, YO14 9PF