It doesn’t matter whether you are a seasoned wakeboarder or are a newbie looking to start wakeboarding at the local wake park. You may be interested in arranging wakeboarding life insurance to ensure that you, your family and your assets are financially protected in the event of an accident.
Sports Financial Services have over 20 years experience offering specialist life insurance, mortgage protection, critical illness cover and income protection for extreme sports participants. This means we have enough knowledge and experience to understand your sport and most importantly your financial protection needs.
If you take part in any form of wakeboarding, you will need to disclose information about your sport to any life insurance, critical illness cover or income protection providers. This is because wakeboarding demands a certain level of technical skill and is undertaken in challenging environments, wakeboarding 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 wakeboarding 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 Wakeboarding Life Insurance?
The underwriting of life insurance, income protection and critical illness cover for wakeboarding can vary depending on your insurance provider as well as your level of participation in wakeboarding. 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 assisting with a large number of outdoor sports such as wakeboarding, rock climbing, mountaineering, scuba diving, skydiving and skiing. When you enquire, we’ll want to discuss things like the number of times you go wakeboarding each year and any wakeboarding you take part in internationally.
Often, when looking for specialist insurance for extreme pursuits like wakeboarding 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 wakeboarding 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 wakeboarding:
- 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)
- Do you participate in wakeboarding as a hobby or as part of your occupation?
- Do you undertake any professional or instructional wakeboarding work?
- Are you a member of an associated 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.
Types of Wakeboarding Insurance
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 wakeboarding and enquires about critical illness cover will have their enquiry assessed against the activities they pursue. Cover for different types of wakeboarding and water sports 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 wakeboarding activities, occupation and lifestyle.
Another important cover to consider is income protection, particularly if you take part in high-risk pursuits like wakeboarding. 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 wakeboarding 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.
Why Choose Sports Financial Services for Wakeboarding Life Insurance?
Whatever drives your interest in wakeboarding – adrenaline driven challenge, adventure, exercise, exploration, social connection – we are here to discuss your protection needs.
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 life insurance for wakeboarding 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
In addition, 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 wakeboarding 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 wakeboarding insurance.