Income protection Insurance for industries
Income protection is a type of insurance and like any insurance premium, the level of risk is taken into consideration.
Insurance companies give a level of risk for each job that range from:
- Low risk (insurable)
- Mild risk (insurable)
- Moderate risk (insurable)
- High risk (insurable)
- Declined (uninsurable)
The higher the level of risk the higher the premium, or uninsurable for very high risk professions.
