Illinois Mutual - New Insurable Occupations for DI

10-06-2022

Illinois Mutual is excited to announce the ability to offer disability income (DI) insurance to potential clients who work in the following occupations.  You may have prospects in your book of business that are now a good fit for DI from Illinois Mutual.

• To demonstrate financial stability, 2 years' tax returns are required unless otherwise specified.
• Business Owner Allowance is not available.  Business Owner Class Upgrade available where noted.

Occupation	Eligibility	Benefits Available
Bar owner, bar employee - bartender, wait staff	Less than 50% of revenue generated by food sales, otherwise treat with normal restaurant guidelines.	Occupation Class 1 Maximum 2-year benefit period
Boilermaker	Standard guidelines apply.	Occupation Class 1 Maximum 2-year benefit period
Lineman, pole climber	Subject to coordination with existing union or utility disability benefits.	Occupation Class 1 Maximum 2-year benefit period
Logging laborer - bucker, chainsaw timer cutter/logger, choke setter, faller, laborer, rigging slinger	Subject to coordination with existing union benefits.	Occupation Class 1 Maximum 2-year benefit period Minimum 90-day elimination period Maximum $3,000 in monthly benefit including existing union benefits
Direct sales or multi-level marketing company - at least 3 years active occupation engagement	Subject to YTD earnings that are consistent with prior years of taxable income.	Occupation Class 1 Maximum 2-year benefit period
Direct sales or multi-level marketing company - at least 5 years active occupation engagement	Subject to YTD earnings that are consistent with prior years of taxable income.	Occupation Class 1 Maximum 5-year benefit period
Freelance - artist, author, journalist, photographer, reporter	Business Owner Class Upgrade is available.	Occupation Class varies. Refer to DI Occupation Guide to confirm. Maximum 2-year benefit period. Maximum $1,500 monthly benefit.
Medical intern	Intern defined as first year in residency and just recently graduated.	Occupation Class 4 Maximum To Age 67 benefit period Maximum $3,500 monthly benefit
Social media influencer, YouTube content creator, blogger, podcaster	Social media as component of business rather than primary income source of online hits and/or views. Subject to active occupation engagement for 3 years.	Occupation Class 1 Maximum 2-year benefit period
Zoo attendant, breeder, feeder, groomer, trainer	Applicant must work for a zoo which is a member of the National Zoological Society	Occupation Class 1 Maximum 2-year benefit period

 

Please give us a call at 1.800.792.6795 if you have any questions or if you would like to request illustrations!