Tanja Swann April 27, 2018
occupations index

If you’re planning to purchase insurance for your vehicle, property, health, or life, you may think that insurance coverage amounts are the same for everyone. But in reality, your job and wages sometime determine how much you’re supposed to pay to get yourself insurance.

Take a look at the following tips on how to get good insurance with affordable prices based on your occupation. Then, you can take full advantage of the benefits all types of insurance can offer you should anything untoward happen to you.

1. Save money when purchasing insurance by slightly tweaking your description of your current occupation. Choosing insurance may initially be a difficult choice for someone who has little to no idea at all as to why he or she needs it. Worse, your chosen provider might charge you what you feel is an absurdly expensive premium for insurance after you’ve told them about your occupation. Here are some tips:

  • You should choose a job description that best represents your current occupation and can save you money on your insurance premium.
  • The less fancy your job description is, the less expensive your insurance premium may be. For example, instead of “shop assistant,” you can describe your occupation as “sales assistant,” which is to some a less impressive title, so that you can perhaps save money come insurance premium payment time. Your insurance providers will have an idea of your general income based on your job description or title.
  • You should be careful not to completely misrepresent yourself when negotiating with your provider, as they can charge you with fraud if you do so. Be honest.

Opt for insurance that charges different premium rates depending on your current high-risk occupation rather than settling for one with a flat rate. Insurance providers charge higher premium rates if they determine that a policyholder’s current line of work is high-risk. However, some insurance providers…
 

Discover more on this website

5 simple steps to faster broadband connection These days, tech-savvy people can’t live without the Internet. They need a high-speed and quality internet connection to perform several personal and professional works on a daily basis and keep their business activities up a...
Secrets your life insurance agent never told you Other than our basic needs and necessities we spend the most money on getting security for ourselves and for our family members in the shape of life insurance. For this, knowledge can be very useful and advantageous as the mo...
How to get smoke smell out of your car If you are a constant traveler and most of your time passes while driving, then chances are, you may get company or fellow travelers in your car like a colleague or an acquaintance who is a smoker, and the worst case scenario...
What you need to know about Occupational Accident ... The basic right of each and every one of us is the right to security and protection. When this protection is guaranteed, only then can we thrive and strive in our lives for a better future. This protection has to be provided ...

2 thoughts on “How to choose insurance based on your occupation

  1. Hello there. I found your blog using msn. This is a really well written article.
    I’ll be sure to bookmark it and return to read more of your useful information. Thanks for the post.
    I’ll definitely return.

  2. It is in point of fact a great and useful piece of information. I am satisfied that you just shared this helpful information with us. Please stay us up to date like this. Thank you for sharing.

Leave a comment.

Your email address will not be published. Required fields are marked*

Pin It on Pinterest

Share This