Life Insurance for Loggers – the Insider’s Guide

Insurance for LoggersIf you are a logger looking for insurance, you’ve come to the right place!

Every life insurance company has different guidelines when it comes to approving a life insurance policy for loggers or someone who has an occupation that is considered to be dangerous.

At JRC Insurance Group, we work with dozens of life insurance companies, 53 to be exact, and this provides us with the advantage of being able to shop the market.

…By having access to so many top-rated companies, we can save you up to 75% over what other life insurance companies may be able to offer to you.

In fact, we will be able to find the most affordable life insurance available for loggers, even if you have been declined before due to your occupation. In addition, we only work with companies that are A-or better rated.

Life Insurance for Loggers Quick Guide

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Why is it more difficult to buy life insurance as a logger?

Life Insurance Companies rely on statistics to determine rates and eligibility for life insurance coverage. According to the U.S. Department of Labor, logging is the second most dangerous occupation in the U.Sdifficulties buying life insurance as a logger., only following commercial fishing.

All the more reasons, a logger who is the breadwinner of their family will want to consider purchasing a life insurance policy in case something were to happen to them, whether it’s on or off the job.

Considering all of the dangers that loggers deal with on a daily basis such as working in remote areas, dealing with rugged terrains, falling trees, unpredictable weather, and dangerous animals such as bears and venomous snakes; getting approved for a policy may seem like a daunting task.

In fact, most local insurance companies that primarily sell home and auto insurance may deny you coverage due to the added risk factors, but DO NOT give up! Call us!

Just because one company is unable to offer you a life insurance, does not mean all of the life companies will decline your application.

Luckily, our professional agents at JRC Insurance Group are appointed by over 45 top-rated life insurance companies and we would be happy to find you the best policy available at an affordable price. Give us a call to speak with one of our experts and we can walk you through all of your options as well as provide you with accurate pricing. We are available toll free at: (855) 247-9555.

How Do Life Insurance Companies Determine My Rates?

Most life insurance companies will be able to offer you a “standard” or average rate unless you have serious health issues. For most applicants in the logging industry, the life insurance underwriter who approves your policy will focus mainly on your occupation and the daily duties it entails. These details are used to determine the risk you pose to the life insurance company you apply with.

Life insurance companies determining rates for loggers

Not all “loggers” are treated the same by the life insurance companies and the rates will likely differ between those individuals who operate the machinery, the “chokers” who bring out the chains and attach them to the heavy machinery or helicopters for transport, and the “fallers” who actually cuts down the fallen tree.

It’s important to give your agent and underwriter details about what your day to day activities are as well as any special safety training that you may have received so they can accurately assess the risk for the insurance company.

“This occupation repeatedly takes a spot in the top 10 as not only one of America’s, but the world’s, most dangerous jobs. In one recent example, 61-year-old John Hutt, a Colorado logger, cut off his toes after he became trapped under heavy logging equipment. He then drove himself to an area where there was enough cellphone reception to call an ambulance. In the logging industry, he is considered one of the lucky ones.” – Emily Holbrook, Risk Management Monitor

Despite the dangers of working in rugged terrains with sharp and dangerous tools there are cases loggers may be eligible for “standard” rates. If your duties are considered to be the insurance companies may offer what’s called a “flat extra” which is $2.50 extra per $1000 of coverage. In this example, let’s say that you get approved for a $100,000 policy, you would pay the “standard rates” plus an extra $250 per year for your policy. If you have duties that are considered extremely dangerous, the flat extra may be as much as $5.00 per $1000 of coverage, but again every company is different and some are more lenient than others. Our agents have the underwriting guidelines for dozens of companies and this allows us to find you best match.

Improving Working Conditions for Loggers

The forest industry seems to have taken notice to the dangers involved in logging and they have been tried to be more proactive in dealing with the dangers of the logging occupation. By offering safety classes to hopefully reduce accidents while out in the field, the logging industry is trying to reduce the occupational death rate of loggers which is an alarming 86.4 per 100,000. Hopefully this will result in a much safer work environment and allow even more affordable life insurance options in the future for loggers no matter what their job entails.

Our agents at JRC Insurance Group are licensed in 50 states and appointed by over 50 companies. Give us a call and we will be happy to shop the market for you so that you can get the best policy with an accredited company at an affordable price.

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Cliff Pendell

VP of Marketing at JRC Insurance Group
Cliff is a licensed life insurance agent and one of the owners of JRC Insurance Group. He has helped thousands of families of businesses with their life insurance needs since 2012 and specializes with applicants who are less than perfect health. In his spare time he enjoys spending time with family, traveling, and the great outdoors.
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