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· Standard rates are quoted in materials
for people having very light occupational risk
· Describe your work in some detail when applying for a plan
to avoid jeopardizing your cover
· Making full declarations assures one of a firm quotation
of premium relative to the risk
International Medical Insurance and HealthCare Plan companies offer
group plans to cover nearly all types of occupations. People in
a group falling outside of the "Standard" categories of risk classification
will be considered once details of work performed is provided by
the employer. Standard risks fall into two classes titled "One"
and "Two". Typical definitions of the two classes used by plan companies
are:
Class
I - Very Light Occupational Hazards: Professional and mercantile
occupational classes not superintending or engaging in manual
labor, that is, persons generally engaged in professional, administrative,
managerial and clerical positions.
Class II - Light Occupational Hazards: Superintending but
not engaging in manual labor but engaging in wholesale or retail
trade and those involved in frequent travelling in connection
with professional or business purposes.
Other Classes - Worker's duties outside of these two classes
should be disclosed in more detail.
Group
members applying for entry will be required to state their occupation
and include brief description of work performed. Many applicants
rush through the application and only note a single word or title
for describing their occupation. It is important for the employer
to screen all applications and add any necessary additional information
that will fairly inform Plan Company of the risk profiles. Risks
are greater for some occupations in energy, mining, aviation, shipping,
construction, manufacturing, security, racing, chemicals and a host
of others. To eliminate any doubt, describe carefully and honestly
all employee's duties. Avoid your firm being accused of failing
to disclose or declare known pertinent information on any HealthCare
application form. It can affect your employees protection.
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