About Sports Financial Services
Over 20 years ago, Sports Financial Services was first established as Summit Financial Services ( www.summit-fs.co.uk ). Over time, we came to realise that many of those original climbers and mountaineers who decided to take cover with us also took part in a variety of other outdoor pursuits (e.g., scuba diving, mountain biking, skydiving, caving, canoeing, cycling and skiing). As a result, we gained knowledge in a variety of outdoor pursuits for which people were looking for cover.
In response, Sports Financial Services was established to serve the need of a larger outdoor sports market. In addition, we discovered that a certain group of people approached us in search of insurance for connected professional and recreational pursuits. As a result, we built expertise in finding coverage for related and hazardous occupations, such as military work, mountain guiding, rope access workers, and offshore labour.
About Life Insurance for Navy
Being in the Navy can be difficult since it requires a diverse set of abilities and the capacity to work in difficult circumstances. As such, life insurance for Navy personnel can often require more specialist types of cover. Here Sports Financial Services can help you with discussions about life insurance, mortgage protection, income protection and critical illness cover.
Depending on the insurer and the kind of military activities you are involved in, there may be differences in how life insurance for navy personnel is viewed by different underwriters. This is why getting specialised advice can help you find cover for your unique situation.
In order for underwriters to completely comprehend your military activities, you may encounter some additional criteria when seeking cover for specialised insurance for extreme pursuits like service in the Navy. Due to the nature of your activity, some forms of financial protection may cost extra (or not be available). You will have an in-depth conversation about this with your own Sports Financial adviser when you enquire about life insurance for Navy personnel.
Here are some areas that insurers might consider when assessing your enquiry for Navy life insurance:
● 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 Navy activities do you participate in?
● Do you participate in hazardous sports and pastimes?
What is Critical Illness Cover?
Critical illness cover is a way to cover specific illnesses or medical conditions that might disrupt your life, family and finances. Your adviser at Sports Financial Services will discuss the different types of conditions that can be covered.
Anyone who engages in risky activities and requests information on critical illness coverage will have their request evaluated in light of the activities they engage in. Cover for different types of activities and occupations will be assessed differently.
What is Income Protection?
Income protection is a crucial option to take into account, especially if you engage in hazardous activities and occupations such a military work. If you are unable to work because of an illness or injury, income protection may provide you peace of mind.
You might want to think about what would happen if you had a loan, mortgage, credit cards, regular expenses, or family financial obligations and were unable to make the payments due to a lack of income if you were unable to work. Applications for income protection are subject to a number of conditions, such as whether you have ever been hurt while engaging in your activities and whether those injuries have required you to have time off work.
Again, your specialist adviser at Sports Financial Services will discuss the options available to you and you particular circumstances.
Why Choose Sports Financial Services for Life Insurance for Navy personnel?
Regardless of your occupational pursuit, we are here to talk about your protection needs.
Sports Financial Services are a team of insurance experts with many years of expertise working with people who engage in dangerous sports and occupations. We are aware of how important is to find affordable life insurance for Navy personnel.
Even if you have an insurance policy in place, have been declined life insurance for Navy work in the past or have previously experienced problems obtaining life insurance then you should speak to our extreme sport and occupation experts.