We are an insurance expert for people who take part in extreme sports or dangerous hobbies such as Diver life insurance which can be a risk when it comes to underwriting. Anyone who takes part in a dangerous hobby and especially those with a family should consider life insurance, critical illness cover and income protection to provide financial security in the event of accident or injury. Most people who take part in extreme sports consider cover to be too expensive or do not think that it will be available which includes those looking for Diver life insurance. Insurance underwriting is based on a number of complex calculations to determine the levels of potential risks for each person applying for cover which also will vary from one insurance provider to another. It is important that you speak to a Diver life insurance expert to give you the best chance of getting the right cover at the right price.
If you have a family, dependants or a mortgage and take part in an extreme sport or dangerous hobby such as Divers then you should consider life insurance which is why we want to make sure that you get cover. In most circumstances we are able to get the cover that our clients need and ensure that it is affordable for them to give them peace of mind in the event of anything happening to you.
Diver activities and diving sports:
- Cave diving
- Snorkelling
- Scuba diving
- Wreck diving
- Deep sea diving
There are several key risk factors which would be naturally taken in to consideration by underwriters when assessing an application for Diver life insurance to be able to apply any potential decision, such as:
- Which type of diving
- How often you go diving
- Qualifications
- Depth of dives
For anyone looking for a competitive quote for Diver life insurance you should contact one of our team of insurance experts on for more information and to get a competitive quote for you and your family.
Diver life insurance
It is generally easier to get a Diver life insurance policy to protect your family if you are a recreational diver rather than someone who dives for their occupation. You should be able to access cover for Diver life insurance in most cases at the same rates or premiums as someone who does not take part in extreme sports. There are several key factors for underwriters when assessing applications for Diver life insurance which include:
- How many times do you dive each year
- Do you travel to dangerous locations
- How deep do you dive to
- Do you have any diving qualifications
As well as the special risk factors there will be several standard factors which would be taken in to consideration on an application for Diver life insurance, such as:
- Sum assured (£’s)
- Term of cover (years)
- Type of plan
The other critical elements which will have an impact on your application for Diver life insurance are smoker status, pre-existing medical conditions and any other standard lifestyle factors.
Diver critical illness cover and income protection
It is also generally possible to get other personal protection products such as Diver critical illness cover and income protection as well as Diver life insurance depending on your circumstances and the type of diving you do. Underwriting for diver critical illness cover or income protection are similar to life insurance but can be slightly more strict as the risk of claim is higher for these products. You should however consider all types of personal protection insurance if you are involved in an extreme sport such as diving as there are additional risks of accident and injury.
There is a possibility that your premiums for Diver life insurance, critical illness cover or income protection could increase if you are considered to be above the standard risk thresholds. Some insurers may also apply exclusions to certain policies or types of cover in situations where the activities are considered to be too high risk for standard cover.
Anyone looking for more help or advice to get a quote for Diver life insurance should contact Sports Financial Services team of experts to find out more about what we can do to help you to protect your family.