Life Insurance
Life insurers view regular exercise as a positive lifestyle choice, indicating your commitment to caring for your health. Participating in triathlons generally doesn’t affect your life insurance, although there are some cases where it might.
Our advisers may ask you the following?
- What is your frequency of participation in triathlons?
- Are you involved in professional competitions?
- Are you participating in triathlons in the UK or overseas?
Insurers tend to be more wary when sports involve a professional component, like when there are cash prizes at stake. You may be able to get life insurance, but we might need to choose an insurer that can accommodate your situation, especially if you’re often outside the UK.
Insurers may inquire about the country you will be visiting for triathlons to evaluate any potential risks. For trips abroad lasting less than 30 days, you can probably get life insurance for your own enjoyment at regular terms, especially if you’re going to a triathlon.
Critical Illness
If you participate in triathlons on a non-professional basis, you will likely be able to get critical illness cover at standard terms.
Frequent overseas travel for triathlons or being a professional triathlete may impact your choices for critical illness coverage.
Income Protection
If you participate in triathlons as a hobby, you will likely be eligible for income protection at standard terms from most insurance companies.
During triathlons, muscle strains and injuries can occur as a normal part of the experience. It is essential to understand that events like this could lead to a deduction in your income protection.
For instance, if you’ve torn a tendon in your right leg within the past year, you may discover an exclusion in your income protection policy for that leg. The timing of the injury will be crucial here; there may be an exclusion now, but that might change in a few years.
There are various instances where you may feel unwell and unable to work, which isn’t ideal. It is important to understand the potential benefits of income protection even with exclusions, so we can discuss the types of claims covered and the value this policy can provide for you.
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.
