Insuring against holiday activities
If you’re the type of person who enjoys daring and dangerous activities, no doubt you’ll need to invest in specialist insurance when planning your holidays or adventure breaks. Regular travel insurance policies will cover mild to moderate activities such as walking or perhaps archery. But anything slightly more strenuous, or risky such as scuba diving, horse riding, jet skiing, or zip lines generally won’t be covered on standard policies. Further to this, of the activities which are permitted, the policy often places further limits and restrictions. For example, hiking may only be covered up to a height of 2000m above sea level
If you’re able to anticipate in advance which activities you’re likely to do whilst on holiday, you can often buy additional cover on top of a regular policy. If not, it’s probably wise to invest in a good wide-ranging policy – perhaps your family wants to book a horse trek, or something similarly mild which is often left out of cheaper policies. Winter sports extras are common, and are offered by most for an additional premium. You should be careful to check the small print, as often specifics are left out, such as tobogganing, and off-piste skiing, which you may be aiming to include in your plans.
If after looking at the regular travel policy details, you find you wouldn’t have adequate coverage – even with add-ons, then you should consider consulting a specialist company for sports/activity insurance. You’ll find many of these on the internet, with adventuresinsurance.co.uk, sportscoverdirect.com, dogtag.co.uk, and snowcard.co.uk amongst the most popular. These types of insurers can offer a much wider range of activities to cover you against.Adventure travel insurance
Specialist insurers are able offer high premium insurance products which are tailored to specifically cover your holiday. This could be literally anything; zorbing, potholing, white water rafting, hunting – you name it. The activities you plan to take part in will fall into a certain category of risk, and as a result your policy price will change depending on the assessed risk. For example; shark cage diving, potholing and tobogganing would likely be ‘class 5’, and be considered higher risk than abseiling, bungee jumping or rock climbing. Depending on what you’ve got planned it may look to be expensive to acquire full insurance for your trip, but versus the potential hundreds of thousands of pounds it may cost you for treatment should the worse happen, the price of the premium will seem like chump change in hindsight.Individual Cover for Sports, Hobbies and Work
Many of these specialist insurers also offer a range of cover against other activities such as manual labour and amateur sports. As always with insurance, the risk and price depends largely on the activity your doing, how often you’re doing it, and your age. There are three possible things to insure really – yourself, your equipment, and anyone/anything you might damage
- Insuring yourself removes any financial worries should you have an accident which requires expensive medical costs, or long term rehabilitation, and you are unable to work; assuming your policy contains ‘income protection insurance’
- Insuring your kit You’ll be covered for the replacement or repair on any equipment in the event of damage or theft.
- Liability Insurance The other thing to consider is – do you require cover against liability? Perhaps you’re a cyclist and you accidentally damage someone’s car, or worse a child. Having good coverage for liability will protect you should someone decide to sue you in the event of an accident
- Never assume an activity you want to take part in is covered by your policy. Always check the small print carefully. If you’re policy has been provided free from somewhere (bank, credit card etc) there’s a good chance it’s a very basic policy.
- Look to add extras to a standard policy to keep the price down. Most insurers now offer winter sports as an extra, but again look at the T&C carefully
- If you’re taken by the moment and fancy taking part in a more risky activity not covered on your policy, try to contact your insurer to add it on. Do not assume that there is coverage from whoever is putting on the activity/event, particularly if you’re asked to sign a disclaimer beforehand.
- Don’t be afraid to explore specialist policies. The activities you have planned, may not be considered as dangerous as you think, and therefore a tailored package might not cost too much. Shop around – they’re easy to find on the internet and quotes take moments