Disability Insurance–Berkshire/Guardian Announces Occuptional Class Upgrades.
Sep 17, 2009
Jamie Fleischner

Jamie Fleischner

17 Sep, 2009

When you purchase a disability policy, the company classifies you in an occupational class based on risk. Some occupations deemed riskier, such as a surgeon, will be in a different occupational class than a less risky occupation such as an attorney.  The occupational class determines your premium. 

Recently, we received notice Berkshire/Guardian that they are upgrading some occupations. If you fall into one of these occupational categories, your premiums would now be less than if you had purchased prior to the announcement.

The occupations that have received these enhancements include:

  • Accountants (college degree, non-CPA)
  • Biologist
  • Psychologist (PhD)
  • Appraiser
  • Architect (Landscape Architect). Architects are already at the top available occupational class.
  • Consultant
  • Decorator
  • Gastroenterologist*
  • Pediatrician*
  • Psychologist (Master’s)
  • Radiologist (Diagnostic)
  • Chemist
  • Scientist (botanist, Biochemist, Geologist)
  • X-ray Technician

*Move up criteria of five years’ experience in occupation must be satisfied for eligibility into the move-up class. For medical specialties, only time in practice will count toward this move-up criteria and does not include medical training in a residency program or fellowship.

Information posted by Jamie K. Fleischner, CLU, ChFC, President of Set for Life Insurance by KF Financial, Inc. headquartered n Greenwood Village, CO.

Related Posts

UChicago GSI Guaranteed Standard Issue Now Available

UChicago GSI Guaranteed Standard Issue Now Available

  Launched on January 1, 2024, The Guardian Life Insurance Company of America (Guardian) is making a special offer to the Residents and Fellows training at The University of Chicago. You may obtain Individual disability insurance coverage through Guardian on a...

Demutualization of Ohio National

Here is an article explaining the recent changes at Ohio National. For more infomation, please contact Set for Life Insurance.   https://theinsuranceproblog.com/the-last-word-on-ohio-nationals-demutualization/

We’re here to help

Getting the right disability insurance can be downright confusing. At Set For Life, we’ll help you understand the options and work with you to select just the right product for you and your family. These articles will help you understand some of the complexities involved, but we’re happy to walk you through it! If you’re ready to get set, reach out for a quote today!