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SEAFARER INSURANCE PLANNER
WHO IS A SEAFARER ?
Employed by a shipowner performing ship service on board a ship at sea and taking part in the ship's operation and maintenance as well as the provisioning of those on board. Furthermore, seafarers can be persons who perform repair and maintenance work on ships, special ship personnel who have been engaged to work at sea on board a ship as well as cleaning and catering personnel.
Suvidha Sharma is an insurance & investment planner for business men/women, working in corporates including seafarers with the precise insurance policies right from medical, life to general and also with stable and risk free investments like pension plans with Government verified Non-Banking Financial Company (NBFC). Anyone who has a hazardous occupation should strongly consider some form of personal protection insurance such as life insurance, medical cover or investments for future to ensure that their loved ones are financially protected in the event of accident, retirement sickness, long term illness or even death. Most of us will think of nothing when it comes to insuring our cars, homes or other assets, but most seem to miss the most important cover which is insuring ourselves. Seafarers insurance policies and risk free investments provides peace of mind to know that your loved ones are protected if anything should happen to you.
There are several key areas which would be considered when it comes to a seafarers insurance policies and investment plans such as:
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Your Job role
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Duties and tasks
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Time spent at sea
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Deployment to areas of conflict
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Other health/medical factors
How much you will pay for cover will depend primarily on how dangerous your job in the seafarers is and whether you have any other risk factors to be considered, such as any other health or medical issues.
Seafarer Life Insurance
It is often fairly simple to get a life insurance, especially when the work profile is fairly low risk (e.g. Administration, medical staff, catering etc.) and you are not likely to be involved in hazardous situations. In most lower risk cases it should be possible to get a life insurance policy in place with no increase in your premiums so you should pay the same amount as someone with no occupational risk factors. There is a chance that cover may increase for someone who has a higher risk role in the seafarers for life insurance depending on what their role is and how high risk the duties are.
Some of the main factors which will be assessed when reviewing a seafarers life insurance are:
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Which type of job role do you have in the seafarers?
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How long have you been in the seafarers?
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Does your job involve hazardous activities?
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Do you have any other health or medical issues?
Seafarer Health Cover
It is often possible to get a policy for seafarers health cover and in most cases the premium should be the same or very similar to a standard health policy as long as your role is relatively low risk. There may be some restrictions or exclusions applied to your policy if your job involves some related long term illness or injury risks.
It is also possible to get a seafarers health cover policy if your role is higher risk however there could be some premium changes which will reflect the increased risk.
Seafarer Investment
There is a possibility that we will be able to get a seafarers investment against income for you as well which is something that has changed in recent years with prioritising the investors risk where the investor is assured that the principle investment amount is risk free.
Suvidha Sharma can help you to get the right cover in place to protect your loved ones for your seafarers insurance policies and precise investments, simply contact your expert on +91 7506551077
To see more or discuss possible work let's talk >>
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