Sports Financial specialises in working with people who take part in extreme sports or dangerous hobbies to get insurance to protect their families in the event accident, sickness or worse. Our team of experts has many years of experience working with people who are at risk due to their sports or hobbies including Equestrian Sports insurance. You may think that horse riding is not a particularly high risk sport when it comes to personal protection insurance however the reality is that Equestrian life insurance can be slightly more complicated depending on your own circumstances. The need for cover can however be higher due to the potential risks of accident or injury from taking part in equestrian sports.
There is a strong chance for most that you should be able to get an Equestrian life insurance policy without too many issues or with the need for more detailed underwriting. Anyone taking part in sports or hobbies which are considered to be at risk of injury or potentially worse should strongly consider some form of personal protection insurance to ensure that their loved ones are financially secure. There are a number of possible risks relating to Equestrian life insurance depending on which type of horse riding you do.
Types of horse riding:
- Recreational riding
- Hacking
- Dressage
- Jumping
- Eventing
- Horse racing (Jockey)
- Polo
- Police/Army
Depending on which type of horse riding activities you take part in will have an impact on how much you will pay for Equestrian life insurance as the risks will vary. You should also be aware that different insurers will have a different attitude to how they underwrite Equestrian life insurance which is where our team of experienced advisers will help you to save money.
Underwriting for Equestrian life insurance:
- How frequently you ride
- Type of activity
- Competitive or not
- Type of horse
If you need advice to get the right level of Equestrian life insurance to protect your family at the right price then you can call one of our team of advisers on 0345 565 0935 today for more help.
Equestrian life insurance
It is possible in the vast majority of cases to get cover for Equestrian life insurance even though it is considered to be generally quite high risk by underwriters. You should find in circumstances where there is no competitive riding or if you ride fairly infrequently for recreation that Equestrian life insurance can be offered with no increase to your premiums. There are instances where horse riding can cause concerns for life insurance underwriting which is more relevant for competitive levels.
Some of the critical areas for underwriting Equestrian life insurance are:
- How often you take part in horse riding events
- Which type of activity you do
- Do you take part in competitions (e.g. amateur or professional)
- What type of horse do you ride
Aside from the above there are a number of other standard factors which will determine how much you will pay for Equestrian life insurance, including:
- Sum assured (£’s)
- Term of cover (term)
- Type of policy
The other main points which will define how much you will pay for your Equestrian life insurance policy which are lifestyle based such as smoker status, height & weight and other health or medical factors.
Equestrian critical illness cover and income protection
There is also a strong chance that you will be able to get an Equestrian critical illness cover and income protection policy for yourself to protect your family or home depending on your circumstances. As with equestrian life insurance it will depend on whether you take part in competitions and how often you go horse riding which will determine your level of risk for critical illness cover and income protection. You may find that for more regular horse riders or for people taking part in competitive events that Equestrian critical illness cover and income protection premiums could increase or you may have exclusions to your policy for this activity.
Also if you already have an Equestrian life insurance, critical illness cover or income protection policy then you should speak to one of our advisers. Often we are able to reduce the premiums that our clients pay for cover or we are also able to get cover for people who have been declined cover elsewhere.
To speak to one of our team of specialist advisers or for advice to get the most suitable Equestrian life insurance, critical illness cover and income protection policies then you should call 0345 565 0935.