Motorcycle racing life insurance experts
Motorcycle racing life insurance, critical illness cover, income protection and private medical insurance specialists
Motorcycle racing life insurance expertsSports Financial specialises in offering life insurance to people who take part in extreme or hazardous sports such as motorcycle racing and enduro racing life insurance. People who take part in any form of motorsports from amateur to professional level will need to disclose information about their sport to any life insurance, critical illness cover and income protection underwriters. This is because of the simple fact that motorsports can be dangerous and will be classed as a non-standard application, especially for motorcycle and enduro racing life insurance.
Life insurance, critical illness cover and income protection are designed to give you 100% peace of mind that you, your family, your home and your business are protected no matter what life throws at you. For people who are exposed to increased risk factors such are people taking part in motorcycle or enduro racing then these policies are even more important to ensure that you have the cover you need if anything happens to you.
Motorcycle and enduro racing life insuranceGenerally motorcycle and enduro racing life insurance rates should be similar to or the same as standard life insurance rates where the motorsport activity is amateur level as a hobby. The key factors that will determine whether you need further underwriting or special terms will be imposed for motorcycle and enduro racing life insurance are:
- How often do you race
- What level of racing do you do (e.g. club, amateur, semi-professional or professional)
- Type of motorcycle racing you do (e.g. Track, Road, Motorcross or Enduro)
- What type of bike you ride
In general you should be able to secure life insurance cover for motorcycle and enduro racing without too many issues. It is possible that some life insurance providers would rate higher than other underwriters for motorcycle and enduro racing life insurance due to their own claims experience and historical data. Most cases we see for motorcycle and enduro racing life insurance require some additional information to be disclosed and in some cases we see an increase to the standard premium for more high level activity.
If you have applied for motorcycle or enduro racing life insurance in the past and have been declined cover or had special terms imposed then you should speak to one of our expert advisers to see how we can help. We have helped thousands of people to protect themselves, their family and their homes for motorcycle or enduro racing life insurance.
Motorcycle and enduro racing critical illness coverAs with other types of personal protection cover you should find that there are no major issues with getting critical illness cover for motorcycle and enduro racing. The issues that you may experience more often than not with motorcycle and enduro racing critical illness cover is due to the increased risk of injury there may be an exclusion for the Total Permanent Disability element.
The main factors that will influence your premiums and any exclusions for motorcycle and enduro racing critical illness cover are:
- Type of motorcycle used
- Engine size
- Maximum speeds
- Type of terrain
- Level of racing or activity
This will determine the levels of risk for you as an individual to provide the underwriters with the information that they need to catagorise your application for motorcycle or enduro racing critical illness cover.
If you are applying for life and critical illness cover for motorcycle or enduro racing then you may find that different information may be required for each element of the policy. Life insurance and critical illness cover are treated slightly differently due to the slightly different levels of risk for each part of the plan.
Motorcycle and enduro racing income protectionUnderwriting for motorcycle and enduro racing income protection is similar to other types of cover and it can depend on your history of any injuries or accidents whilst racing. The main reasons that income protection underwriters will want to know about your previous track record is to provide them with more data to be able to identify which type of policies are available to you for motorcycle and enduro racing income protection.
Some people who have experienced numerous accidents and multiple injuries in recent years may find that there are some exclusions for their motorcycle or enduro racing income protection policy. As with the other types of personal protection policies, income protection for motorcycle and enduro racing underwriting will depend on several key factors.
If you have applied for motorcycle or enduro racing income protection in the past and been declined cover or had special terms imposed then you should speak to our expert advisers who will be able to help.
Motorcycle and enduro racing private medical insurance
Private medical insurance for motorcycle and enduro racing is also usually available without any issue for club level and lower class level racing. Most private medical insurance underwriters will want to ask about your own motorcycle or enduro racing activities to be able to apply the appropriate underwriting decision.
Most motorcycle or enduro racing private medical insurance policies should be accepted at the standard rate premium with few or no exclusions. In some cases where there has been a history of injuries and other previous long term damage there may be exclusions for those areas for motorcycle and enduro racing private medical insurance.
There is a vast difference between the various policies and insurers for private medical insurance and therefore it is important to make sure that you read any documentation thoroughly before accepting cover, especially for more specialist policies such as motorcycle and enduro racing private medical insurance.
Sports Financial works with a number of leading insurance providers for private medical insurance and we will be able to direct you towards the most suitable for you and your needs.