How Does Occupation Affect Life Insurance?

Video Transcript

"Hello. How does your occupation affect your life insurance? My name is Vic Schumacher, the company is HPE Financial Services. Put yourself as if you were the insurance company, and you knocked on their door and you wanted to buy a life insurance policy. And they asked you what do you do. And you said I am a acrobatic person with the circus and I work on the high walks. You think they want to insure you? That I don't know. The idea is what is the risk. If you walked in and said I jump out of airplanes for a living and I want a two million dollar policy, will they want to insure you? I don't think so. What is the risk. Yes, if you have those occupations that are dangerous you can get a policy. It's just going to be very expensive. That is the issue. So my advice to you is if you have a dangerous life threatening occupation, be prepared to pay a high premium. My name is Vic Schumacher, the company is HPE Financial Services, helping people everyday."