Life Insurance For Electricians
- £200k cover for less than £6 a month*
- Your premiums will never increase
- Awarded ‘Best Life Insurance Provider’ by YourMoney.com 2023
Life insurance for electricians
As an electrician, your work can be demanding. You’ll be dealing with electricity every day which can be hazardous and you’ll often be at the top of a ladder. Whether you work for yourself or you’re employed for a bigger company, it’s important to think about life insurance.
If you have children, a mortgage, a partner or debts life insurance will protect your family financially if you pass away.
Does life insurance cover electricians?
Yes, life insurance does cover electricians. Once you have a policy in place, it will protect your family and dependents financially if you pass away.
It can be harder to get life insurance if your job is viewed as dangerous. Being an electrician can be hazardous and can pose a risk of injury, but it shouldn’t affect your chances of getting life insurance. When you apply for life insurance with us, we will ask you about your job to determine the level of risk.
What life insurance is best for electricians?
It isn’t necessarily your job as an electrician that will dictate the best kind of life insurance for you. It comes down to your personal circumstances and where you’re at in life. Most people think about life insurance when they have children or buy a home. You may also want to consider it if you have debt or a partner that relies on you financially.
Some of our electrician customers opt for a policy to cover their mortgage. This will be what we call decreasing cover as the level of cover decreases in line with the size of your mortgage. Another option is to leave a cash lump sum for your children in later life. This figure will remain the same throughout the term of your policy, and is called level cover.
At Beagle Street we will help you find a tailored life insurance policy that works for you and your family.
How much does life insurance for electricians cost?
The cost of your life insurance will depend on a range of factors, including the type of cover you choose, your age, health and wellbeing. When you apply for life insurance with us, we will ask you for a range of information including:
- Your age – your policy will likely cost more the older you are, as you are more likely to get a serious medical condition that could impact your health.
- The type of cover – level cover can be more expensive than decreasing cover.
- The length of cover – whether for the full term of your mortgage or once your children reach a certain age.
- Your health status – if you’re a smoker or heavy drinker it can affect your premiums.
- Any pre-existing medical conditions – these include heart attacks, multiple sclerosis, stroke or diabetes.
You must also be a UK resident aged over 18 to apply for life insurance. It’s important to be open and honest about your health and personal situation, so we can get the right cover in place for you.
Do I need specialist life insurance for electricians?
No, you don’t need specialist life insurance for electricians. At Beagle Street, our life insurance policies are built around you and how you want to protect your family.
We will take into account your job and employment status – whether you’re employed or self-employed – as well as your other personal circumstances. If you’re a self-employed electrician, you won’t have the security of a Death in Service benefit from your employer making life insurance extremely important.
Will critical illness cover payout and cover electricians?
Critical illness cover pays out a lump sum to support you financially if you can’t work due to a serious condition like cancer, heart attack or stroke.
Electricians can apply for critical illness cover. However, if you’re unable to work due to an injury or illness that isn’t on the list of critical illnesses covered by your policy, it won’t payout.
Life insurance and critical illness cover for freelancers
Whether you’re employed as an electrician or you work for yourself, you’ll want to provide financial security for your family. With life insurance and critical illness cover from Beagle Street, you’ll have that essential peace of mind.
Get a quote today or speak to the team
At Beagle Street we’re here to support you through the application process. If you’re ever unsure about any of the questions in the application, we have a team of experts on hand to help.
or call us
0800 048 0480
Included with every Beagle Street policy
Estate planning kit
Accidental death benefit
Early funeral payout
Amazon gift card^
Free Beagle soft toy^
*Based on a 30 year old non-smoker, £200k decreasing term cover for 20 years
^Available only when purchasing a policy directly through Beagle Street. Within 60 days of paying the 2nd monthly payment, the soft toy will be dispatched. The gift card value varies depending on monthly premium. Within 30 days of paying the 6th monthly payment, you will receive an email to claim your e-gift. Full Terms and Conditions