If you are an individual who participates in an extreme sport like skydiving, you may be interested in specialist financial protection for peace of mind. Sports Financial Services provide life insurance for skydivers from amateur to professional level. Get in touch to learn more.
As skydiving demands a certain level of technical skill and is undertaken in challenging environments, it can often require more specialist types of cover. If you would like to discuss the right life insurance, critical illness cover or income protection cover for skydivers you have come to the right place.
What is Life Insurance for Skydivers?
The underwriting of life insurance, income protection and critical illness for skydivers can vary depending on your insurance provider as well as your level of participation in your sport / activities. For this reason, specialist sports advice can be beneficial in obtaining the right cover for you, your circumstances and all aspects of your chosen sport and lifestyle.
Often, when looking for specialist insurance for extreme sports like skydiving you may come across additional requirements in order for underwriters to fully understand your activities. Some extreme sports financial protection may cost more due to these additional requirements.
Our 20-year history of helping extreme sports people means that we understand sports and when it comes to life insurance for skydivers, we understand the needs of those who participate in hazardous sports and occupations.
Here are some areas that insurers might consider when assessing your enquiry for skydiving cover:
- How is your health and lifestyle? (e.g., alcohol consumption, exercise and smoking)
- What is your current employment and does it take you on international travel? (e.g., UK, Europe and/or worldwide)
- What type of skydiving activities do you pursue?
- What is your level of participation in skydiving (e.g., club, amateur, semi-professional or professional)?
- What type of skydiving do you participate in?
- How many jumps do you make each year?
- Are you a member of the Sport’s Governing Body? (e.g., British Skydiving www.britishskydiving.org )
- What geographic locations do you travel to participate in skydiving (e.g., UK, Europe or Worldwide)?
Such questions will help us find the facts that insurance companies require in relation to you, your sport and your lifestyle.
Skydivers Life Insurance Vs Critical Illness Cover and Income Protection
Critical Illness Cover:
Critical illness cover is a way to cover specific illnesses or medical conditions that might disrupt your life, family and finances. Anyone who takes part in extreme sports like skydiving and enquires about critical illness cover will have their enquiry assessed against the activities they pursue. Cover for different types of skydiving activities will be assessed differently.
Cover for some sports can be offered at standard rates with no special terms imposed whilst participation in other sports may result in premium loadings, special terms, restrictions or exclusions. Your sports specialist at Sports Financial Services will talk you through the options available to you based on a number of factors such as your participation in skydiving activities, occupation and lifestyle.
Income Protection:
Another important cover to consider is income protection, particularly if you take part in high-risk sports like skydiving. Income protection could provide you with peace of mind if you are unable to work due to injury or sickness.
If you have a loan, mortgage, credit cards, regular bills or family financial commitments then you may want to consider what would happen if you were unable to meet the payments because of a loss of income if you are unable to work.
Applications for income protection are dependent on many factors, for example, whether you have previously suffered any injuries as a result of skydiving and whether they have caused you to have a significant amount of time off work.
Again, like critical illness cover, participation in some sports may result in premium loadings, restrictions or exclusions. But, don’t worry, your adviser will discuss your needs and the options available to you.
Different types of Skydiving
Whatever type of skydiving activities you pursue please contact Sports Financial Services to discuss your needs.
We understand that there are many types of skydiving activities, in competitive and non-competitive environments, that you may want to discuss with us.
Because we specialise you can also speak to us about cover for different sports and occupational activities.
Why Choose Sports Financial Services for Life Insurance for Skydivers?
Sports Financial Services are a team of insurance specialists with many years of experience working with those who pursue hazardous sports and occupations. We know how important it is to find insurance for skydivers at the right price.
Even if you have an insurance policy in place, have been declined skydiving life insurance in the past or have previously experienced problems obtaining life insurance then you should speak to our extreme sport and occupation experts.
In addition, different insurers come to the market over time and others may change their terms. This may mean that different terms are available in the market place than when you first applied for cover for skydiving.
Speak to one of our skydiving specialist advisors today to find out more
Finally, as an additional service, we work closely with our parent company, Suttons Independent Financial Advisers. So, if you require any further information about other financial services such as pensions, investments, mortgages or financial planning please visit www.suttonsifa.co.uk . Your personal adviser at Sports Financial Services will also be able to refer you to a contact at Suttons who best suits your interests.