Offshore Workers Life Insurance

People working offshore looking for life insurance will generally be classed as higher risk due to the nature of work in this type of industry.

There are a vast number of different types of offshore work which are all different levels of risk as far as life insurance underwriters are concerned. Some of the main offshore working risks for life insurance include deep sea diving / commercial diving, engineers, fishermen and Machinery Operators.

Life insurance for offshore workers will depend on the level of risk involved with your particular role and the industry that you work in. There is a vast difference between some of the low risk offshore occupations (e.g. administration, management staff or cooks) to some of the high risk occupations (e.g. divers, engineers, helicopter pilots or medics). Our experience shows us that some offshore workers life insurance applications will be accepted at standard rates, especially for low risk jobs.

If your job role is classed as high risk or higher risk for offshore working life insurance then you may find that there is an increase to the premium that you will pay. Life insurance for offshore workers is underwritten based on the levels of risk involved which can be very high in certain roles and industries. Where jobs are classed as high risk for offshore workers for life insurance then we will need to research the market to find the best insurance provider for you and we do all of that work for you.

You may also have been declined life insurance because of the fact that you work offshore and the type of job that you have. This does not necessarily mean that you cannot get life insurance for offshore work as it may be that the previous application was simply to the wrong insurance provider.