Then the underwriter can attribute an income stream to each task. Even though you're in the house all day, the underwriter knows exactly what you're doing, and is more comfortable insuring you against being unable to do it. Dave Burns was an atypical applicant, Geno admits. He was an ideal candidate. He had great health, good income, and a good occupation class.
Higher classes get lower premiums.
High risk of injury is one thing that knocks home-based professionals into the lower classes, according to Peter McCann, president of Aquent Insurance. A money manager in a broker's office can focus on the job. He stands up to walk to the printer, and the path is clear. But at home, you trip over your son's toy, your mind is half on what you should be doing around the house. A steel worker, McCann says, might be at risk, but at least it's clearly defined how the injury applies to the job.