It can often be difficult to find the best High risk life insurance providers for your individual circumstances unless you have previous experience or you choose to use a specialist insurance company such as Sports Financial. It can seem like a bit of a mine field from the beginning and you may be put off applying for cover simply because you do not know which are the best High risk life insurance providers for you. Also there are significant differences in underwriting criteria from one High risk life insurance providers to another which changes regularly depending on how common the activity or occupation is as well as other possible problems such as claims statistics.
Sports Financial specialises in working with people who take part in extreme sports or dangerous hobbies to help them to find cover to protect their families by identifying which High risk life insurance providers are the best for our clients. Some of the key issues with trying to find which are the top High risk life insurance providers for our clients is simply by the fact that we have such a large amount of experience and deal with underwriters so regularly.
Which are the top High risk life insurance providers?
There is no right or wrong answer to this question because the simple fact that there are an infinite number of possible variables when it comes to underwriting high risk life insurance. It is true that there are High risk life insurance providers that are better or more flexible than others which means that they are simply better at underwriting high risk life insurance than more standard providers.
It may also be that the lowest priced standard insurance providers are not the cheapest High risk life insurance providers based on the type of markets that they target which tend to be quick and easy underwriting.
Can I buy High risk life insurance providers policies online?
It might be possible to get a policy from a High risk life insurance provider from one of the price comparison or aggregator websites however the chances of getting the most suitable policy for you can be slim. Often the best High risk life insurance providers rates will not be the cheapest premiums on price comparison sites and applications for non-standard cases.
It will often be better and advisable to deal with a specialist insurance company when applying for cover from one of the leading High risk life insurance providers purely to find the most competitive cover and premiums.
What will High risk life insurance providers want to know?
The questions for any application for life insurance will always be the same unless you are applying direct online with a High risk life insurance providers in which case your questions may vary based on their underwriting rules engine.
Some of the key questions that will be asked by almost all High risk life insurance providers will include:
- How often you take part in an activity
- What type of activity you take part in
- Do you take part in competitions
- What equipment do you use
- Are you qualified or professional
You will also find that High risk life insurance providers will want to know about the standard lifestyle criteria which includes:
- Smoker status
- Height and weight (BMI)
- Alcohol intake
- Medical history
Your premiums will also depend on the following:
- Type of life insurance policy (e.g. Life, critical illness or income protection)
- Amount of cover (£’s)
- Term of policy (years)
For more information or free advice to find the best High risk life insurance providers for your circumstances to help protect your family call 0345 565 0935 today.