Life Insurance
During the evaluation of your life insurance application, the insurer will assess your involvement in hot air ballooning to analyze the associated risk level.
We will need to ask you.
- How often do you go hot air ballooning?
- Is the balloon still tethered or is it untethered?
- Is this a single occurrence?
- Are you a member of a reputable ballooning association?
- Are you involved in competitions?
- Are you considering hot air ballooning in the UK or abroad?
If your hot air ballooning activities are non-competitive, you should be able to get life insurance easily. Yet, an increase in premiums might occur if you travel frequently by air annually.
For record attempts or racing, additional underwriting may be required for your application on a case by case basis. We can provide specialist insurers for your life insurance if needed. This doesn’t mean crazy prices or strange insurance terms.
Our advisers can help you find the best life insurance for your needs.
Critical Illness
Critical illness insurance for individuals who engage in ballooning may be available under standard terms, subject to your particular situation. Participating in a single balloon ride is unlikely to impact your application for critical illness cover.
Insurers may place an exclusion on policy claims for participants in hot air balloon competitions.
Income Protection
Income protection for hot air ballooners might be offered at regular rates. The outcome may depend on whether the balloon is tied down or not.
It is important to select your insurer thoughtfully to ensure you obtain favorable terms for income protection.
Our expert advisers will help you find the right insurer for income protection, ensuring peace of mind.
How We Work
1: We contact you and take down your details, income outgoings, name, address etc.
2: We will research the whole market and email you a detailed quote as well as a list of documents to proceed.
3: You upload the documents and information needed via our channel our online portal.
