Occupational disability insurance: Why it is important and what you should consider when applying

Occupational disability insurance: Why it is important and what you should consider when applying

According to a report by www.swr.de,

Occupational disability insurance is important protection for employees. However, people with previous illnesses in particular find it difficult to take out such insurance. Health questions must be answered in detail, and previous illnesses can lead to exclusions or surcharges. This also applies to symptoms of Long Covid, which can be associated with significant health problems.

Taking out occupational disability insurance is particularly difficult for people who have suffered from mental illnesses in recent years, even though these are often the most common reason for occupational disability. In many cases, experts still recommend taking out such insurance because it provides an elementary means of replacing your own income.

The costs for occupational disability insurance vary depending on the profession. Office jobs are cheaper to insure than, for example, skilled trades. In many cases, insurance for tradesmen can cost a three-digit amount per month. For this reason, it is advisable to seek advice in advance from a reputable insurance broker who can submit an anonymous preliminary risk inquiry.

Overall, it is important to deal with the issue of occupational disability insurance at an early stage and, if necessary, take out insurance in order to be financially secure if the worst comes to the worst.