Life Insurance for commercial divers has the potential to be accepted by insurance providers at standard terms. The insurer will be particularly interested in the use of any experimental equipment or explosives that you use whilst diving. If you do use explosives or experimental equipment as part of your diving duties the insurer may choose to offer Life Insurance at non-standard terms (premium increase).
Critical Illness Insurance for commercial divers may be available at standard terms, depending upon where you dive and what you do whilst diving. However in general, Critical Illness Cover for divers will probably have an occupational exclusion on the policy claims set. This means that should you become critically ill as a result of activities whilst diving for your job, you will be unable to place a claim on the policy. If you were to fall critically ill with one of the named conditions on the policy claims set outside of your occupational duties, then you should be able to place a successful claim on the policy. The Critical Illness application will need to detail any specific areas of hazardous activities such as the use of explosives or experimental equipment.
Income Protection for commercial divers will need to be placed with a specialist insurance provider. The specialist insurer will be able to tailor an Income Protection policy to your individual circumstances. You should expect to pay a higher premium than someone who works in a less hazardous occupation than yourself.
As an alternative you may wish to consider Accident, Sickness and Unemployment Cover. This type of policy will provide 12-24 months income replacement if you are unable to work due to disability, long-term injury or involuntary redundancy. You should fully check the policy documentation to ensure that you are eligible for this policy based upon where you are based geographically and how long you are out of the UK.
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.
Divers are present in a range of different occupations and occupational duties and risks can vary greatly depending upon the career path taken. A diver will use specialist breathing equipment so that they are able to spend a great deal of time underwater to complete their occupational duties.
Other Services Available
You can apply for any of the following services through ourselves
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