Most commonly summer hobbies that most people prefer include reading, painting, gardening, stitching, golfing, traveling, listening to music etc. But, then there are people who seek thrill and adventure and look for activities that make their adrenaline pump.
Obtaining an affordable life insurance is the preference of every individual. However, extreme sports or high-risk hobbies may declare you as ineligible to get the life insurance or even void your insurance as you continuously put your life at risk.
So, before you hop on a plane or take a big dive, here are the four summer activities that could make it difficult for you to obtain coverage or else make it super expensive.
1. PowerBoating and Fishing:
Those who are planning powerboat racing or even fishing this summer, are likely to find out that these activities are not covered by your insurance company. These companies are concerned about the time you spend in the boat. If an accident occurs while performing any one of the above-mentioned activities, then getting an instant medical assistance is not possible.
The hazards of powerboat racing are obvious even after secure seating arrangements, helmets, life jackets and other security measures; the insurer still considers this sport as dangerous that can put your life at risk.
2. Sky Diving:
Before jumping from the altitude of almost 13000 feet, don’t forget that your insurance does not cover this sport. Though there are a lot of successful cases but still it is considered as one of the most dangerous hobbies where a lot of deaths occur mainly due to the human error. The parachute may also malfunction. The B.A.S.E jumping is not covered by the insurance company at all but the experienced skydivers holding a proper license and a history of successful jumping rate may get insured. If you perform Skydiving without training, your insurance may get void.
3. Scuba Diving:
Scuba diving is one of the most trending recreational activity for the thrill seekers, especially during summers. It may seem fun and less risky but it’s also on the ‘no-no’ list of the insurance companies. The main concern they have is the malfunctioning of the equipment rented in scuba diving. Also, a lot of incidents related to marine life attacks have been witnessed. So if you are thinking of deep water diving this summer then make sure you do it under surveillance of proper trainer because any accident that occurs while you’re performing this activity will not be covered by your life insurance company.
4. Automobile Racing:
For many automobile riders, summer is the perfect time to go on long road trips, racing and go-carting. Whether you know it or not but your insurance company probably pulls your driving record. The negative marks may affect your insurance policy. If the driving record shows illegal stunts or racing, your insurance policy may get void.
Read all the terms and conditions before signing the life insurance policy agreement. There are clauses related to such extreme activities such as no coverage in case of death or injuries while performing such high-risk activities. It’s best to contact a life insurance agent and discuss your options. They will better understand your situation and try to find a policy that best matches your lifestyle needs.