Am I Tied in to Long-Term Income Protection?
Question asked by Hazel Cross
I’m looking to get Income Protection Insurance as I think it’s a great way to protect my earnings if I’m unable to work. I frequently go on diving holidays with friends and wondered if I could get cover to include this?
Income Protection covers a wide range of pursuits and different insurers will have a different approach when it comes to what they are willing to cover. Obtaining cover for diving will depend on several factors such as the depth you dive to and whether or not any particularly hazardous dives, such as wreck or cave dives are included.
Generally speaking, if the dives are up to a depth of 30 metres most insurers will provide income protection cover. However, any diving to deeper than 30 metres often attracts a diving exclusion. Any participation in wreck and / or quarry dives immediately attracts a diving exclusion with most insurers.
However, there are specialist insurers who will still cover diving and therefore it is best to speak to an adviser who can tailor a plan for your specific circumstances.
We can take into consideration the extent of your participation in any diving related activities and then based on that information can advise you of any potential changes to premium or terms.