Category: Sports

What is Mortgage Protection Insurance?

Have you considered if you can cope financially if you are made involuntarily redundant or find yourself unable to work due to accident or illness?

Typically, in relation to accident or illness, you will need to be off work for a pre-determined number of days before the policy starts paying out. Our specialist advisers will discuss theses deferred periods and the cover options available to you. 

Do I need Mortgage Protection Insurance?

If you think you will struggle to meet mortgage payments if you cannot work then you should speak to an insurance specialist at Sports Financial Services. If you are self-employed and do not receive employer provided sick pay or redundancy cover you can also speak to us about the options available to you.

Are there any additional benefits to consider?

Yes, there are optional benefits that you may wish to discuss with us in addition to mortgage protection insurance.

Terminal Illness cover: financial protection if diagnosed with a terminal illness, covered by the policy, during the policy term.
Critical Illness Cover: financial protection if diagnosed with a critical illness covered by the policy.

How much is Mortgage Protection Insurance?

The cost for mortgage protection insurance varies based on several factors including:

• Age: younger individuals typically pay lower premiums

• Health: your medical history and lifestyle can impact your premium

• Mortgage amount: the size of your mortgage determines the coverage needed

• Term-length: longer-term policies may have higher premiums

• Occupation: more dangerous occupations, like tree surgeon life insurance or military life insurance, may require special mortgage protection insurance. We specialise in this type of cover at Sports Financial Services. 

• Hobbies: If you regularly take part in dangerous sports/hobbies, like rock climbing insurance or aviation life insurance, you may also require special mortgage protection insurance. Again, our specialists will be more than happy to discuss cover options with you.  

If you are interested in getting a free, no-obligation quote for your mortgage protection insurance please complete the form below. Alternatively, you can speak to one of our specialists who can discuss the price and cover options available to you. Please call us on 0345 565 0935. 

Why is Mortgage Protection Insurance Important?

Some key benefits of mortgage protection insurance are:

1. Offers your family protection: your loved ones don’t have to worry about covering the mortgage payments in the event of an unexpected circumstance

2. Tailored financial security: policies can be designed to meet your specific needs, whether you work as a tree surgeon or have the hobby of a rock climber 

3. Affordable and flexible: policies can be tailored to fit your budget

Some points to consider in relation to mortgage protection insurance:

1. Cover: as an industry benchmark, cover is typically available for up to 60% of your gross monthly income

2. Deferred period: there’s usually a waiting period or deferred period before the benefits start. The length of this period can affect the cost of cover.

3. Self-employed: if you’re self-employed and don’t have access to employer-provided benefits it can be a useful cover to have 

If you would like more detailed information on how to choose the right policy for your personal circumstance, please speak to one of our specialists today about cover and costs.

Take the Next Step

Want to learn more about how much mortgage protection insurance would cost for you? Contact the specialists at Sports Financial Services today for a free, no-obligation quote. Let us help you protect what matters most.

Find out more today

We hope we’ve provided some clarity around the question, “Is income protection with it?” in the hope of helping individuals make informed decisions based on their unique financial situations and goals. Why not also check our our FAQ on how much is mortgage protection. For personalised advice, speak with one of our specialist Income Protection advisers today. Complete our online form or contact us on 0345 565 0935.

Get in touch with us today

If you’d like to find out more about how much critical illness cover do I need or how much is mortgage protection insurance, contact us today to discuss cover with one of our Critical Illness Cover specialists. Please complete the enquiry form on this page or call us on 0345 565 0935.

To discuss life insurance for roofers, speak to a sport and occupation specialist at Sports Financial Services today. Our specialist advisers have developed expertise in arranging cover for a wide range of hazardous occupations such as life insurance for roofers. Our expertise comes with an understanding of the needs of those who engage in extreme sports and occupations and the financial protection options applicable.

Underwriters typically ask various questions when considering a Roofer life insurance  enquiry, for example:

• The height levels involved in your work
• Frequency of working at heights (e.g., daily, weekly, monthly)
• Handling of hazardous materials
• Existing health or medical conditions
• Work with any dangerous machinery

Additionally, other questions influencing life insurance for roofers’ premiums include:

• How much cover you need (£’s)
• Length of cover (years)
• Type of policy

For further details or to enquire about life insurance, income protection or critical illness cover contact our team of hazardous occupation specialists today on 0345 565 0935 or complete the quick enquiry form. 

Critical Illness Cover for Roofers

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 hazardous activities and enquires about critical illness cover will have their enquiry assessed against the activities they pursue. Cover for different types of roofing and occupational activities will be assessed differently. 

Cover for some sports and occupations can be offered at standard rates with no special terms imposed whilst participation in other sports and occupations may result in premium loadings, special terms, restrictions or exclusions. Your sports and occupations specialist at Sports Financial Services will talk you through the options available to you. 

Income Protection for Roofers

Another important cover to consider is income protection, particularly if you take part in hazardous activities. 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 your activities and whether they have caused you to have a significant amount of time off work. 

Again, like critical illness cover, participation in some sports and occupational activities may result in premium loadings, restrictions or exclusions. When you make an enquiry for roofers life insurance, income protection or critical illness cover your adviser at Sports Financial Services will discuss your needs and the options available to you.

Army life presents significant challenges, requiring a diverse skill set and the capacity to work in demanding environments whilst participating in potentially hazardous activities. Sports Financial Services are hazardous sport and occupation specialists who provide a professional service for those who live life at the extremes. You can talk to us today about life insurance for army, critical illness cover and income protection.

Life Insurance for Army Underwriting

Like many high-risk occupations, securing life insurance for members of the Armed Forces depends on a number of factors. There are many questions that insurers may want to discuss when considering your enquiry for life insurance for Army, for example:

• How healthy are you and what is your lifestyle like? (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 army personnel activities do you participate in?
• Do you participate in hazardous sports or other hazardous activities?

Such questions, and many more, will help us find the facts that insurance companies require in relation to you, your occupation and your lifestyle.

What is life insurance for army personnel members?

The underwriting of army personnel life insurance can vary depending on the insurance provider as well as the type of military activities you are engaged in. For this reason, specialist advice can be beneficial in obtaining the right cover for you and your particular circumstances.

Because we have been working, for many years, with people who enjoy outdoor sports we also have a great deal of experience of discussing cover for many outdoor activities such as canoeing, scuba diving, mountain biking, rock climbing, mountaineering, skydiving and skiing.

When looking for specialist insurance for extreme pursuits like army personnel life insurance you may come across additional requirements in order for underwriters to fully understand your military activities. Some financial protection may cost more (or be excluded) because of the nature of your activities. Your personal adviser at Sports Financial Services will discuss this in detail with you.  

Our 20-year history of helping people who engage with hazardous sports and occupations means that we understand the needs of those that operate at the extremes. 

Critical Illness Cover and Income Protection for Army

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 hazardous activities and enquires about critical illness cover will have their enquiry assessed against the activities they pursue. Cover for different types of activities will be assessed differently. 

Cover for some sports and occupations can be offered at standard rates with no special terms imposed whilst participation in other sports and occupations may result in premium loadings, special terms, restrictions or exclusions. Your sports and occupations specialist at Sports Financial Services will talk you through the options available to you. 

Another important cover to consider is income protection, particularly if you take part in hazardous activities. 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 your activities and whether they have caused you to have a significant amount of time off work. 

Again, like critical illness cover, participation in some sports and occupational activities may result in premium loadings, restrictions or exclusions. When you make an enquiry for army life insurance, income protection or critical illness cover your adviser at Sports Financial Services will discuss your needs and the options available to you.

Life insurance is an important part of financial protection, and for rope access professionals, it is an important cover to consider. Working at heights carries inherent risks, and accidents can happen. Rope access life insurance could provide financial support for your loved ones should the worst happen. Appropriate cover could help your partner or family maintain some quality of life if you are no longer there to provide for them. Our team of hazardous sport and occupation specialists are ready to discuss your rope access life insurance needs today.

There are a number of rope access-related questions we will discuss with you when you enquire about rope access life insurance. Some of the questions we may discuss, in relation to rope access technician life insurance, could include the following:

• What heights do you work at (e.g., under or over 40 feet)?
• How regularly do you work at heights?
• Do you work in dangerous locations (e.g., offshore, dangerous countries)?
• Does your job involve working with dangerous equipment?

Other factors that determine life insurance premiums for rope access workers will include:

• Level of cover required (£’s)
• Time policy is taken over (years)
• Type of insurance policy

Speak to one of our hazardous sport and occupation specialists today to learn more about our financial protection options, obtain a free quote, and take the first step towards protecting your financial future.

Critical Illness Cover for Rope Access Workers

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 rope access work and enquires about critical illness cover will have their enquiry assessed against the activities they pursue. Cover for different types of rope access activities will be assessed differently. 

Cover for some rope access activities may be offered at standard rates with no special terms imposed. Participation in other rope access activities may result in premium loadings, special terms, restrictions or exclusions. Your occupations specialist at Sports Financial Services will talk you through the options available. 

Income Protection for Rope Access Workers

Another important cover to consider is income protection, particularly if you take part in hazardous activities like rope access work. 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 depend on many factors, for example, whether you have previously suffered any injuries due to your rope access worker activities and whether they have caused you to have a significant amount of time off work. 

Again, like critical illness cover, participation in some rope access activities may result in premium loadings, restrictions or exclusions. When you make an enquiry your adviser at Sports Financial Services will discuss your needs and the options available to you.

Contact Sports Financial Services Today

Secure your financial future as a rope access worker with rope access life insurance. Don’t leave your financial security to chance. Contact us today to discuss life insurance, income protection and critical illness cover for your unique needs and receive a personalised quote. 

You can discuss more with one of our team of hazardous sport and occupation specialists on 0345 565 0935.

Sports can be an important part of our lives, promoting physical fitness, teamwork, and healthy competition. Whether you enjoy keeping fit, are an athlete or enjoy recreational sports in the great outdoors, there’s always a certain level of risk involved. Many who enjoy sports focus on honing their skills, setting challenges and achieving their goals, few consider the importance of sports accident insurance. Here we’ll delve into three aspects of sports accident insurance, exploring what it is, why it matters, and how Sports Financial Services can be of assistance. 

Understanding Sports Accident Insurance

The sports specialists at Sports Financial Services offer three types of Sports accident insurance. This includes life insurance for sports, income protection for sports and critical illness cover for sports.  

Why Sports Accident Insurance Matters

Financial Security: The most obvious reason to consider appropriate sports accident insurance is financial protection. Living costs, bills and loss of income from time off work can quickly accumulate after a sports-related injury. Appropriate sports accident insurance can help assist with some of the costs of living ensuring you some financial peace of mind as you recover.

Injury Prevention: Knowing you have insurance can provide peace of mind, reducing anxiety and allowing you to focus on your game. This mental assurance can help prevent injuries by reducing stress and promoting better decision-making on the field.

What type of Sports Accident Insurance does Sports Financial Services offer?

The sports specialists at Sports Financial Services understand the common needs and challenges that sports participants encounter. We also take time to understand your wider lifestyle and the specific circumstances faced in addition to your enjoyment of sport.

Those interested in sports accident insurance cover can discuss the following with Sports Financial Services:

Life insurance: this is a type of cover that pays out a lump sum if the policyholder dies during the policy term. It is there to provide some financial support for your family or loved ones after you are gone.  This could assist in helping to contribute to mortgage payments or provide some financial support for your dependents.

Critical illness cover: this is a way to cover specific illnesses or medical conditions that might disrupt your life, family and finances. Anyone who takes part in sports and enquires about critical illness cover will have their enquiry assessed against their sport participation and lifestyle. Cover for different types of sporting 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 including your sport and lifestyle. 

Income protection: another important cover to consider is sports income protection cover.  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 your sport and whether they have caused you to have a significant amount of time off work. 

Again, like life insurance and critical illness cover, participation in some sports and activities may result in premium loadings, restrictions or exclusions. Your sports adviser will discuss your needs and the options available to you.

Sports Accident Insurance with Sports Financial Services

Sports accident insurance is a financial safety net that every sportsperson should consider. It provides important financial protection and offers you and your family peace of mind. 

If you’re interested in learning more about financial protection and sports accident insurance, please contact a sports specialist at Sports Financial Services today at 0345 565 0935 or complete our online enquiry form.

If you have a passion for motorcycle racing and are searching for life insurance, income protection or critical illness cover, speak to a sports specialist at Sports Financial Services today.

Life Insurance for Motorcycle Racers with Sports Financial Services

At Sports Financial Services we are sports specialists that guarantee the best value protection for extreme and hazardous sports such as motorcycle racing.

We are happy to discuss all types of motorcycle racing so contact us today to explore the various options available for different forms of motorcycle racing, such as:

• Motorcycle circuit racing
• Motorcycle track racing
• Motorcycle road racing
• Motorcycle enduro racing

It’s worth noting that motorcycle racing often comes with added risks from an underwriting perspective. We have successfully secured cover for various motorcycle racers in the past. We will be delighted to discuss the financial protection options available to you in relation to your motorcycling racing activities. 

Determining the premiums and terms available for motorcycle racing participants depends on a number of factors such as health, lifestyle and the type of motorcycle racing pursued. Your personal specialist sports adviser will discuss your needs and explain the financial protection options available to you.  

Common Risk Factors for Motorcycle Racing Enthusiasts

The type of financial protection that is available to motorcycle racers can vary depending on a number of factors related to your motorcycle racing participation such as the type of bike, type of racing, frequency of participation, and whether you are an amateur or professional racer. As hazardous sports specialists, we are happy to discuss your needs and the availability of financial protection based on a number of factors such as your sports participation, work and lifestyle. 

Life Insurance for Motorcycle Enthusiasts

Our sports specialists will be happy to discuss the availability of cover in relation to a wide range of sports.

Contact our sports specialists today to discuss the type of cover that is currently available for various types of motorcycle racing, such as: 

• Adventure Motorcycling
• Beach Racing
• Cross Country
• Enduro / Endurance Racing
• Grasstrack
• Hillclimbs
• MotoCross
• Motorcycle Grand Prix (MotoGP)
• Road Racing (Isle of Man TT race)
• Scrambles
• Speedway
• Supercross
• SuperBike racing
• Supermoto
• Time trials
• Trackdays
• Trials Racing

Life insurance for Motorcycle Racers and Other Hazardous Pursuits

When enquiring about life insurance for motorcycle racers, we will discuss several factors related to your racing and lifestyle. A dedicated sports specialist will be assigned to you in order to discuss your motorcycle racing, health and lifestyle.

Typical questions may include:

• Personal lifestyle and health (e.g., exercise, smoking, and drinking habits)
• Height
• Weight (or BMI)
• Age
• Medical history

More specific motorcycling-related questions may include:

• Type of motorcycle racing
• Locations where you race (e.g., road, track, cross country, grass, circuit)
• Type of motorcycle you race
• Engine size/engine capacity (cc)
• Frequency of racing
• Level of participation (recreational, amateur, or professional)
• Licensing or qualifications
• International motorcycle racing involvement
• Income (where relevant for Income Protection Cover)

In addition to hazardous sports, we can also assist with financial protection for a wide range of hazardous and dangerous occupations.

Cover for Motorcycle Racing

Even if you have life insurance for motorcycle racing, critical illness cover or income protection cover for motorcycle racing elsewhere the team at Sports Financial Services will still like to hear from you. We will be happy to provide you with the peace that you have compared your current cover with current market offerings. 

If you’re interested in learning more about financial protection for motorcycle racers, please contact a sports specialist at Sports Financial Services today at 0345 565 0935 or complete our online enquiry form.

If you participate in sports or hazardous pursuits then sports income protection insurance is something you may want to consider. Income protection insurance for sports participants is a type of insurance that can help you if you are unable to work due to an accident. Income Protection Insurance could provide you with a monthly income to help contribute towards your bills for a period of time. Cover is normally based on a percentage of your current salary.

There are different types of Sports Income Protection Insurance available, depending on your needs and budget. Some of the factors that may affect the cost and terms of your policy are:

• The sport you play and the level of risk involved
• If you have previously been injured participating in your sport
• The amount of income you want to protect
• The waiting period or deferred period before the benefit starts to pay out
• The benefit period or how long the benefit will last
• The exclusions or limitations that may apply to your policy

Some Sports Income Protection Insurance providers may offer day one cover. This can be useful if you have a short-term injury that prevents you from working for a few weeks or months.

Understanding Sports Income Protection Insurance

Income Protection Insurance is a specialised insurance policy tailored to the unique needs of you, your lifestyle and your sports participation. Sports Income Protection Insurance aims to provide financial support in the event that you are injured participating in your sport.

Sports Financial Services were first established over 20 years ago and have specialist advisers who specialise in individual sports, team sports and hazardous sports such as rock climbing, mountaineering, mountain biking, skydiving, kayaking, skiing, scuba diving and hang gliding.

Applying for Sports Income Protection Insurance

If you take part in a team sport or a hazardous pursuit then income protection could provide you with peace of mind if you are unable to work for a period of time.

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 participation in your sport and whether they have caused you to have a significant amount of time off work.

Participation in some sports and activities may result in premium loadings, restrictions or exclusions. But, don’t worry, your specialist adviser will discuss your needs and the Sports Income Protection Insurance options available to you.

Mitigating Financial Risks

An advantage of Sports Income Protection Insurance is its ability to mitigate financial risks. For sports enthusiasts this type of insurance provides peace of mind, knowing that you have some level of financial security if things were to go wrong.

Sports Income Protection: Challenges and Considerations

While Sports Income Protection Insurance is a valuable tool, there are some considerations to keep in mind. Firstly, the cost of such insurance can vary significantly depending on factors like your age, health, lifestyle, sports participation and coverage requirements.

That’s why it is important to discuss your needs with a reputable insurance provider. Sports Financial Services are sports specialists that guarantee the best value protection for your activities. When you enquire your personal adviser will guide you through our quick and easy application process.

Sports Income Protection Insurance with Sports Financial Services

Sports Income Protection Insurance can be a safety net against unforeseen circumstances that enables you to focus on your enjoyment of your sport.

If you would like to discuss your income protection needs with a sports specialist at Sports Financial Services, please contact us today. You can call us on 0345 565 0935 or enquire online via our quick online contact form.

In a world filled with uncertainties, prioritising financial security for both yourself and your loved ones becomes crucial. Life’s unpredictability means that unforeseen events can profoundly affect your financial well-being. Gliding life insurance, critical illness cover, and income protection emerge as three valuable forms of financial protection. These options not only offer peace of mind but also play a pivotal role in securing your family’s future. This blog post aims to provide an in-depth analysis of each policy type, shedding light on their advantages and emphasising why integrating them into your financial planning is important to consider.

Gliding Life Insurance 

Gliding life insurance is a type of cover that offers financial protection for a specified term or period. The policyholder pays regular premiums, and a lump sum is paid out to their nominated beneficiaries in the event of their death during the term. This payout can help cover funeral expenses, pay off outstanding debts, support dependents, or provide a financial safety net.

Gliding can be a challenging activity requiring fitness, technical skills and the ability to operate in a changing environment. If you a looking to provide for a family in the event of an accident then please get in touch and one of our sports specialists will be happy to discuss gliding life insurance with you. 

Gliding Critical Illness Cover 

Critical illness cover is designed to provide financial support in the event that you are diagnosed with a specified critical illness.

A payout could help contribute to medical expenses, modifications to your living arrangements, or even enable you to take time off work to focus on recovery without worrying about financial strain.

Critical illness cover is particularly important because it can offer protection beyond traditional health insurance. While health insurance covers medical treatments, critical illness cover provides an additional layer of financial security during a challenging time. It can help ensure that you can focus on your recovery and well-being without the added stress of financial burdens.

Gliding Income Protection 

Income protection insurance could provide a regular income replacement if you are unable to work for a specific period of time. This insurance policy is especially crucial for individuals who rely on their income to meet their financial obligations, support their families, or maintain their lifestyles.

Income protection insurance typically covers a percentage of your regular income. The payout could help you maintain some financial consistency while you are unable to work. Income protection could help contribute to your financial commitments, such as mortgage payments, bills, and daily expenses, during a challenging period.

Conclusion

Gliding life insurance, critical illness cover, and income protection are important aspects of financial security that help safeguard your financial future. By carefully considering your needs and circumstances our sports specialists can help you select the most suitable coverage to protect yourself and your loved ones. 

While gliding life insurance offers peace of mind for your beneficiaries, critical illness cover and income protection could help provide financial support during difficult times. Discussing cover with a specialist at Sports Financial Services will help ensure that you are well-prepared for any eventuality, granting you the confidence and security to navigate life’s uncertainties with ease.