Winter sports life insurance, income protection and critical illness cover
Several million people in the UK enjoy various winter sports every year. The United Kingdom rates third when it comes to the number of people who ski in Europe, with ca. 6.3 million people. There are many kinds of winter sports we enjoy in the UK, including ice sports, alpine, skiing and snowboarding events, and Nordic events. Most winter sports are not considered dangerous if practiced recreationally, however they all carry the potential of being practiced at an extreme sports level. Winter sports require both considerable skill and physical ability to avoid poor execution, which may result in considerable risk of serious physical harm to the participant of the sport. Therefore, it is very important for people practicing winter sports to have life insurance cover from underwriters who understand their activities to make sure they are covered properly.
Are you worried that your family will suffer if you have an accident or even die while practicing your favourite winter sport or hobby?
WeCovr helps winter sports participants practicing higher-risk activities find life insurance, income protection and critical illness cover, while saving them money. WeCovr works with only FCA-authorised insurance experts that specialise in underwriting higher-risk lifestyle activities. They are not tied to any one insurance provider, which allows them to provide you with the most affordable insurance offers if you are involved in winter sports of various degrees of risk, including:
- Ice climbing
- Ice skating
- Ski Jumping
- Alpine Skiing
- Off-piste skiing or snowboarding
- Ski touring
- Alpine climbing
- and others
Similarly to other adrenaline sports, winter sports life insurance is usually available at standard rates if practiced at an amateur level or recreationally. If practiced at a more serious or professional level, life insurance for winter sports may be more challenging to obtain with no or a minimal increase in premium due to the increased risks relating to the winter sport activity in question.
Professional skiers, snowboarders and mountaineers would often find that they need to apply to a specialist insurance provider because of the risks involved. As anyone who takes part in this type of sporting activity would know, the mountains are a dangerous place with incredibly unpredictable weather and landscape.
The cost of life insurance is going to vary with the specific type of activities undertaken as a winter sport. For example, cross-country skiing will be seen as lower risk than ice climbing or aountaineering practiced at height. This will require additional underwriting from an insurer resulting in higher insurance premiums.
Winter Sports Life Insurance - questions you may be asked
Underwriters covering people practicing winter sports such as skiing, snowboarding, ice climbing or mountaineering with life insurance, critical illness cover and income protection will normally want to understand at what level you practice these sports along with the time spent on them. They need this to provide you with an accurate and affordable winter sports insurance premium. Specifically, winter sports life insurance premiums depend on a number of parameters such as:
- Type of winter sports that you practice
- How frequently do you practice the sport?
- What level of activity do you practice it at - ranging from amateur to pro level
- If you practice ice-climbing, alpine skiing or mountaineering, amongst others, what altitude, grade of ascent and locations do you climb?
- If you hold any professional qualifications in the sports you take part in?
Sometimes, people taking part in winter sports struggle to find affordable life insurance and other related covers, yet this protection is an important tool they need to have for their families and their own financial well-being. That's why WeCovr's experts are passionate about helping people participating in winter sports to secure a great affordable life insurance, critical illness cover and income protection.
Winter sports Income protection
WeCovr's experts can provide not only competitive life insurance and critical illness, but also income protection cover quotes for winter sports participants. If you are unable to work due to illness or injury, by having income protection cover you will be paid a regular income. Typically, the policy will pay out after a pre-agreed period which can vary from one month to one year after you make a claim.
As with life insurance cover, the riskier your activity, the higher the perceived risk; if you are practicing winter sports at steep slopes or at heights, your income protection cover premiums are likely to be higher than for less riskier activities due to the additional underwriting required by the insurer. Income protection for winter sports at more extreme activities may include an exclusion for any illness or injury resulting from that sport. The common questions asked to generate a quote will be similar to the ones above for life insurance quote above.
Winter sports critical illness cover
Critical illness cover's purpose is to pay out a lump sum if you have to go through a medical procedure or are diagnosed with a critical illness and survive at least ten days from diagnosis. The lump sum amount is to assist dependents financially while letting you concentrate on your diagnosis and recovery without having to worry about finances. Winter sports critical illness cover is usually approved without exclusions and at standard rates for recreational level sports participants. If practiced at an extreme or competitive level, you may encounter an exclusion on your critical illness cover policy for that activity.
The list of illnesses that are part of critical illness cover may include, but are not limited to some of the following:
- Alzheimer’s disease
- Multiple Sclerosis
- Some types of cancer
- Heart attack
- Loss of a limb
- Motor neurone disease
- Parkinson’s disease
- Traumatic brain injury
- Liver or kidney failure
To offer you best value-for-money insurance plans, WeCovr's insurance partners will need to ask several questions, including:
- How long do you want your policy to last?
- Do you want level or decreasing cover?
- Do you want to add a terminal benefit to your critical illness cover?
Winter sports activities are certainly great fun, but can also be risky. Be smart, don't delay getting insured any longer - get a free, no-obligation quote today for your winter sports life insurance, income protection and/or critical illness cover – protect yourself and your family. It's important for everyone and especially when you engage in any higher-risk winter sports activities!