Horse riding is a beloved activity enjoyed by millions of people around the world. Whether
you’re a beginner taking your first lessons or an experienced equestrian rider competing at
the highest levels, there’s no denying the thrill and excitement that comes with horse riding.
However, like any sport, horse riding carries some level of risk. Accidents can and do
happen, which is why it’s important to consider horse riding insurance if you’re a horse rider.
What is life Insurance?
Life insurance is a type of financial protection that typically provides financial support, in the
form of a lump sum, if the worst were to happen whilst horse riding. Other options include
mortgage protection, critical illness cover and income protection cover that can provide other
types of financial benefit.
In exchange for paying premiums, your insurance company will provide a financial benefit as
designated in the terms of your policy. This money could then be used to contribute to a
wide range of expenses such funeral costs, bills and living expenses.
Why do you need horse riding insurance?
Horse riding can be dangerous, even for experienced riders. Falls, collisions and other
accidents can result in serious injuries or even death. While no one likes to think about the
worst-case scenario, it’s important to be prepared for the unexpected. Horse riding insurance
can provide peace of mind to both you and your loved ones, knowing that there will be some
level of financial pay-out if something were to happen to you.
What Types of horse riding insurance are available?
There are several types of insurance options available from Sports Financial Services.
These include life insurance, mortgage protection, income protection and critical illness
cover for horse riders.
When you enquire about cover, we’ll ask about various aspects of your health, work, lifestyle
and horse-riding activities. Once we have this information, we’ll be able to let you know
about the financial protection options that are available to you. Sometimes, because of your
health, work or riding activities, there may be premium loadings or exclusions. As specialists in financial protection insurance for hazardous sports your personal adviser at Sports Financial Services will discuss the cover options available for you and your individual needs.
How much life insurance do horse riders need?
The amount of horse riding insurance you need will depend on a variety of factors, including
your age, income, financial obligations, and family situation. As a horse rider, you may want
to consider the risks and financial implications of having an accident whilst horse riding. Your
horse riding insurance specialist at Sports Financial Services can help outline the options
available to you and discuss appropriate cover for your specific needs.
In conclusion, while no one likes to think about the possibility of a tragic accident, it’s
important to be prepared for the unexpected. Life insurance, income protection and critical
illness cover can provide some peace of mind to horse riders, knowing that some level of
financial support would be available if an accident were to happen. To learn more about the
life insurance, critical illness and income protection options available to you, as a horse rider,
please speak with one of our equine sports specialists at Sports Financial Services today.