Posted by (American Life Insurance GuideNet 04/02/2019) At 2019:3 on March 30, 17, a forest fire broke out in Muli County, Liangshan Prefecture, Sichuan Province. 27 forest firefighting officers and 3 local firefighters died. The incident caused widespread discussion in the Internet community .The protection of firefighters and their families who were injured or sacrificed in disaster relief accidents has also received widespread attention, and insurance is naturally one of them.
According to China’s "Securities Daily", active military personnel in the firefighter group haveAccident insuranceof.The death insurance standard for military personnel on active duty is: RMB 30 for those who are approved as martyrs; RMB 15 for those who are confirmed as sacrifices on duty; RMB 5 for those who are confirmed as death.
Currently, 27 forest fire commanders and 3 local fire fighters are applying for martyrs.
Chinese firefighters: a high-risk occupational group in the insurance industry
According to China’s Securities Daily, as one of the typical high-risk occupations in China, although Chinese firefighters need protection, almost all firefighters areAccident insurance productsIt is clearly listed as the object of refusal.
Due to the particularity of training and work, firefighters can individually insure products such as term life insurance, critical illness insurance, and medical insurance, but they are often required to pay more premiums.
Under normal circumstances, a domestic fire brigade in China will collectively handle group accident insurance, but the insurance coverage is not high.
American firefighters: the situation is also not optimistic
According toNational Fire Protection AssociationAccording to statistics, 70 firefighters die every year in the United States.If you add part-time voluntary firefighters, the number is close to 100.
In most cases, labor unions, fire departments and other departments will grant group life insurance for American firefighters, but like the American Life Insurance Guide, theGroup life insuranceAs pointed out in the article, this kind of easy-to-apply life insurance policy has a small insured amount (usually only twice the annual salary), which is not enough to deal with the financial protection of the family after an accident occurs. Therefore, you may need to supplement your personal Life insurance policies increase the insurance coverage.
According to statistics released by the US Department of Labor, the average annual salary of American firefighters in 2014 was $46,000.
OninsurGuru©️Life Insurance Academyin,American Life Insurance GuideSuggested a quick way to calculate the insured amount:10 times the annual income.Therefore, based solely on the income method, the life insurance coverage of this firefighter is around $500,000.
When an American firefighter sent an accidental death, theLife insurance companyPay directly to the beneficiary.
Factors for firefighters to apply for personal insurance
In most people's "imagination", the profession of firefighters is associated with "danger". Therefore, insurance companies will refuse insurance accordingly, or set a price based on a high-risk situation.
The fact is that life insurance companies do not treat each other differently because of their occupational attributes. Firefighters can get a "Preferred" rating just like other applicants.The following are the factors that affect the application:
- health condition – The life insurance company will evaluate your health in all aspects, including receiving medical examinations, accessing all medical records, and any medication records and disease records, which will increase your premiums.
- Personal history – The insurance company will investigate your social credit records and other background checks, including family or family health records, or other relevant social records.
- Hobbies and sideline -Firefighters may have higher premiums than ordinary people due to occupational factors, but if you are also involved in other high-risk hobbies or side jobs, such as flying airplanes, diving, etc., your premiums will continue to increase in certain units according to the insured amount .
- lifestyle – Smoking, nicotine, and other hobbies will affect the premium.If you have some diseases, but you have proved that you are following your doctor's advice and implementing a healthy and active lifestyle, this may effectively reduce part of your insurance premiums.
- physique – You may not have thought that the ratio of height to weight is a major factor in determining premiums. Firefighters often have a healthy and strong body and have an advantage in this premium assessment factor.
U.S. firefighters' application process for U.S. life insurance policies
If you are a U.S. firefighter and intend to add additional protection to your family, the process of applying for a life insurance policy is roughly as follows:
- sign the application form – It usually only takes less than 30 minutes to fill out the application form, which is about the basic health of the body and the basic health of the individual and family.
- Undergo a medical examination – After the application is submitted, the third-party medical examiner will schedule a medical examination with you and come to your home for the examination.The inspection content includes routine physical examination, taking urine samples, and blood samples.It is usually completed in 20-30 minutes.
- Waiting for underwriting – The life insurance company will check your application form, determine your medical examination status, retrieve your DMV records, and query relevant third-party credit records or other information.This process usually takes 1 month.At this stage, the insurance company may also request supplementary materials.
- Policy approval issuance– When the underwriting process is completed, the policy will be approved and issued.
(American Life Insurance Guide Network)
