Hazardous Occupations

Becker Osburn Financial offer group plans to cover nearly all types of occupations. People in a group falling outside of the “Standard” categories of risk classification will be considered once details of work performed is provided by the employer.

Standard risks fall into two classes titled “One” and “Two”. Typical definitions of the two classes used by plan companies are:

Class I – Very Light Occupational Hazards: Professional and mercantile occupational classes not superintending or engaging in manual labor, that is, persons generally engaged in professional, administrative, managerial and clerical positions.

Class II – Light Occupational Hazards: Superintending but not engaging in manual labor but engaging in wholesale or retail trade and those involved in frequent travelling in connection with professional or business purposes.

Other Classes – Worker’s duties outside of these two classes should be disclosed in more detail.

Group members applying for entry will be required to state their occupation and include brief description of work performed. Many applicants rush through the application and only note a single word or title for describing their occupation. It is important for the employer to screen all applications and add any necessary additional information that will fairly inform Plan Company of the risk profiles. Risks are greater for some occupations in energy, mining, aviation, shipping, construction, manufacturing, security, racing, chemicals and a host of others. To eliminate any doubt, describe carefully and honestly all employee’s duties. Avoid your firm being accused of failing to disclose or declare known pertinent information on any HealthCare application form. It can affect your employees protection.