Health and Life Insurance

Category - Annuities & Policies

Which of the following would not be considered a limited purchase or extra premium occupation or hobby under the hazardous occupation or hobby exclusion?
  1. Scuba diving
  2. Firefighter
  3. Auto racing
  4. Sky diving
Explanation
Answer: B - A firefighter is not considered a limited purchase or extra premium occupation or hobby under the hazardous occupation or hobby exclusion. Although at one time firefighters and police officers may have paid higher premiums, by today’s underwriting standards few applicants are declined life insurance based on their occupation. Now firefighters and police officers can purchase life insurance policies at the standard rates of as those with other occupations.
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