Motorbike Racing life insurance quote
The facts about getting life insurance for Motorbike Racers
Iam insured provides expert life insurance & health insurance advice, and we specialise in finding cover for people who are classed as higher risk, including Motorbike Racing life insurance, critical illness cover and income protection. Most of our team of directors are also very keen Motorcyclists with a history in the motorbike trade and we are passionate about helping our fellow motorcyclists to find the best life insurance cover to protect themselves, their families and their homes. Our team of extreme sports life insurance experts will search for cover from the UK’s top insurance providers to find you the lowest premiums and the best cover.
Why choose iam insured?
We 100% believe that the advice we offer to our clients helps them to make sure that their families futures are protected no matter what happens. Our team of insurance advisors have also worked in the Motorbike industry so we know exactly what you need to make sure that provide you with the best Motorbike Racing life insurance and health insurance. We offer:
- Price Match Promise
- FREE expert advice
- Whole of Market
- Dedicated team of expert advisors
For more information about Motorbike Racing life insurance you can contact iam insured on 01244 732890 or complete our form.
How much does Motorbike Racing life insurance cost?
When applying for Motorbike Racing life insurance, generally you will be able to get cover instantly with most insurance providers which is positive. Some of the key factors that will have an impact on your Motorbike Racing life insurance premiums include:
- How often do you take part in Motorbike Racing
- Do you have a full race license
- What CC (engine capacity) motorbike do you race
- Are you an amateur/professional/semi-professional Motorbike Racer
- Have you had any accidents/injuries recently
If you need more information or FREE advice to get a Motorbike Racing life insurance quote then you can contact 01244 732890 or complete our quote form.
Motorbike Racing Life Insurance premiums:
The key factors that will determine how much you will pay for Motorbike Racing life insurance include:
- Level of cover (£’s)
- Length of policy (years)
- Type of cover (e.g. Family, Mortgage, Critical Illness, Income Protection etc.)
Get a cheap Motorbike Racing life insurance quote in minutes.
Motorbike Racing Life insurance rates and ratings
The vast majority of Motorbike Racing life insurance applications will be accepted at ‘standard rates’ which is the same premium as someone not classed as high risk so you shouldn’t have to pay higher premiums. Motorbike Racing Life insurance is genuinely more important than life insurance for someone who doesn’t race or ride a motorbike because of the extra risks related to motorcycle racing.
Protecting your family, home or business should be top of your priorities for someone who is at risk of accident or injury which could have an impact on your loved ones financially. Motorbike Racing Life insurance can protect you for all sorts of things and premiums can vary depending on your health and your occupations.
Some of the key areas of underwriting for Motorbike Racing life insurance:
- Smoker status (have you smoked in the last 12 months)
- BMI (Height and Weight)
- Health and Lifestyle
- Medical history
- Family medical history
Motorbike Racing Life insurance percentage loadings
It is possible that if your application for life insurance could be considered to be high risk then your premium could increase slightly. The level of increase on your premium will depend on how much the ‘percentage loading’ is that is applied and which insurance provider that you apply to (depending on underwriting criteria). The level of the % loading will vary depending on your activities, health, occupation and any other non-standard risk factors which you have disclosed on your application.
There are some insurance companies who are much more suitable when applying for Motorbike Racing life insurance than others and our team of expert advisors will only apply to the best insurers for you. Iam insured knows which insurance providers are best for Motorbike Racing life insurance which is how we know how to get the best cover and the cheapest premiums.
Motorbike Racing Life insurance exclusions with critical illness cover and income protection
It is also possible that there may be instances where your application for Motorbike Racing life insurance may incur exclusions based on your sport, lifestyle or health. The main policies where exclusions may be applied are Motorbike Racing critical illness cover or income protection. Some of the main exclusions which might be applied to a Motorbike Racing life insurance policy can include:
- Total and Permanent Disability
- Waiver of Premium
- Guaranteed insurability
- Motorbike racing (Track/Events)
Motorbike Racing Life insurance cover will depend on your motorbike racing activities and your health or lifestyle.
Life insurance s FAQ’s
How much cover do I need?
There are several things to consider when looking at how much Motorbike Racing life insurance that you need which include:
- Mortgage amount/Rent
- Outstanding debts
- Dependants (Ages)
The amount of life insurance that you need can also depend on what you can afford to pay as much as how much cover you need. Your iam insured advisor will tell you how much Motorbike Racing life insurance costs for you to protect your family, home or business.
How long should I take cover out for?
Amazingly It is now possible to get cover up to age 90 for life insurance (this will vary for critical illness cover and income protection) and you should consider the things that are important before choosing your cover options. Some of the main things that can determine your life insurance policy term can include:
- Estimated retirement age
- Age of dependants
- Amount of savings
- Other investments
Our specialist Motorbike Racing life insurance advisors will discuss what options are available and will help you to find the most suitable cover term based on your circumstances and priorities.
NB: You should remember that longer term policies for any life insurance, critical illness cover and income protection which is because the risks are higher as you get older, especially if you have a pre-existing medical condition.
Which insurance companies offer Motorbike Racing life insurance?
Most of the UK’s biggest insurance providers can offer Motorbike Racing life insurance if you are amateur or semi-professional, and some will offer cover at the same rates as standard insurance cover. Insurance companies will now ask whether you ride a motorbike on the road on the application form for life insurance, and most will ask whether you take part in any motorsports.
Some of the best insurance providers for Motorbike Racing life insurance are:
- Legal & General
iam insured’s team of extreme sports experts will find the best insurance provider for Motorbike Racing life insurance based on the information that you disclose.
Other types of cover
Motorbike Racing Critical illness cover
Motorbike Racing Critical illness cover is more important now than it has ever been in the past because of how long we are living and the ever increasing survival rates for most serious illnesses. It is even more important to consider Motorbike Racing critical illness cover because of the fact that risks of serious injury are higher when racing a motorbike. There are certain risks relating to Motorbike racing which a critical illness policy will protect against such as:
- Loss of limb
- 3rd degree burns
- Loss of eyesight
- Permanent disability
Some of the other main serious illnesses that are generally covered include:
- Heart Attack
- Multiple Sclerosis
- HIV infection
- Kidney failure
- Parkinson’s Disease
- Alzheimer’s Disease
Some companies offer a standard critical illness cover policy which will offer core cover for around 40 conditions and other providers offer more comprehensive cover for up to 175 conditions.
Motorbike Racing Income protection
Another very important type of cover is a policy that can protect your income to pay your monthly outgoings such as Mortgage, Rent, Bills and general cost of living if you are unable to work due to accident, injury or sickness. Motorbike Racing Income protection can be more difficult to get hold of because of the risks relating to professional sports so may only be available to amateur or semi-professional riders.
Income protection is also more important for individuals with no support from their employer if they weren’t able to work or for people who are self-employed. You can select the right level of Motorbike Racing income protection cover for you based on your circumstances and your budget.
Some of the main options available for income protection are:
- Term of cover (Years/To Age)
- Benefit payment (£’s per month)
- Deferred period (1, 2, 3, 6 or 12 months)
- Short term or long term cover
Income protection is more flexible than other types of cover which means that you should be able to find premiums to suit your needs and budget. Our team of Motorbike Racing income protection experts will help you to find the best cover and the cheapest premiums.
Motorbike Racing Private medical insurance
NHS waiting times are gradually increasing and quality of care is getting worse for most of us so it is more important than ever to make sure that you have access to the best care if you become ill or if you are injured. Some fortunate individuals will have private medical insurance with their job which is an amazing benefit, however the majority of people will have to pay for their own cover.
Some of the main options for private medical insurance s:
- In-patient and day-patient treatment: Cover your hospital fees, any specialist consultancy fees and you diagnostic tests as well as out-patient care, including surgical procedures.
- Advanced Cancer Cover: Comprehensive Cancer Cover is included as part of the core options cover which includes limitless use of biological, hormone and bisphosphate therapies.
- GP referral service: You will have access to a GP service via an app which offers a helpline, video consultations within 48 hours, plus up to £100 towards private prescriptions and minor diagnostic tests.
- Worldwide Travel Cover
- Dental Cover (Major or Minor procedures)
- Therapies Cover
- Mental Health Cover
Currently the issues in the NHS and with access to care it is important to consider Private Medical Insurance to get you back to fitness quicker and with better specialist care.
Critical illness cover
Private Medical Insurance
Life insurance for Motorcyclists
Clubs and Organisations:
British Motorcyclist Foundation
British Motorcycle Racing Club