Jet skiing can be a challenging activity that demands skill and the ability to operate in challenging environments. Whether you participate in jet skiing for leisure or pleasure speak to Sports Financial Services about jet skiing insurance for life, mortgage protection, income protection and critical illness cover.
Sports Financial Services were originally founded (over 20 years ago) as Summit Financial Services. Over time we discovered that many of those initial climbers and mountaineers, that took cover with us, also enjoyed a mix of many other outdoor activities (e.g., mountain biking, skydiving, caving, canoeing, cycling and skiing). As a result, we began to develop an expertise in a wider number of outdoor activities for which people were seeking cover. Sports Financial Services was subsequently created to meet the needs of the wider outdoor sports market.
Sports Financial Services specialises in offering financial protection to people who take part in hazardous sports, such as jet skiing. If you take part in any form of jet skiing, whether recreationally or occupationally, you will need to disclose information about your sport and occupation to any life insurance, critical illness cover or income protection providers.
Because jet skiing demands a certain level of technical skill and is undertaken in challenging environments, jet skiing insurance 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 jet skiing you have come to the right place. Whatever your experience please speak to us today about the availability of cover for your sport.
What is Jet skiing Insurance?
The underwriting of life insurance, income protection and critical illness cover for jet skiing can vary depending on your insurance provider as well as your level of participation in jet skiing. For this reason, specialist advice can be beneficial in obtaining the right cover for you, your circumstances and all aspects of your chosen sport and lifestyle.
Because we have been working for many years with people who enjoy the outdoors, we have a great deal of experience of assisting with a large number of outdoor sports such as jet skiing, canoeing, sailing, mountain biking, rock climbing, mountaineering, scuba diving, skydiving and skiing.
When you enquire, we’ll want to discuss things like the number of times you go jet skiing each year, whether you work as an instructor and any jet skiing you take part in internationally.
Often, when looking for specialist insurance for extreme pursuits like jet skiing you may come across additional requirements in order for underwriters to fully understand your activities. Some extreme sports and occupational 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 jet skiing insurance, 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 life insurance for jet skiing:
- 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 jet skiing activities do you participate in?
- Do you participate in jet skiing as a hobby?
- Do you undertake any professional or instructional jet skiing work?
- Are you a member of a Sport’s Governing Body?
Such questions will help us find the facts that insurance companies require in relation to you, your sport and your lifestyle.
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 hazardous pursuits like jet skiing 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 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 jet skiing activities, occupation and lifestyle.
Income Protection:
Another important cover to consider is income protection, particularly if you take part in hazardous pursuits like jet skiing. 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 jet skiing 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 activities may result in premium loadings, restrictions or exclusions. But, don’t worry, your adviser will discuss your needs and the options available to you.
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 life insurance for jet skiing at the right price.
The main types of protection that you may want to discuss with us include:
- Life Insurance
- Mortgage Protection
- Critical Illness Cover
- Income Protection
Also, if you keep up a health regime and participate in a regular fitness plan, you may also want to speak to us about policies that monitor your fitness and reward you for keeping fit and healthy.
Even if you have an insurance policy in place, have been declined life insurance for jet skiing 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 jet skiing insurance.