Rock climbing life insuranceThe facts about getting rock climbing life insuranceRock climbing life insurance is often obtainable to most hobbyists at standard rates through most insurers. As rock climbing is risky sport, some insurance underwriters may want to apply special terms or premium loading to your rock climbing life insurance policy. Life insurance for rock climbers, mountaineers and hill walkers will require you to provide insurance underwriters with full details of your climbing activity and this could influence whether you are able to receive standard rates.What does Rock climbing life insurance cost?The amount your rock climbing life insurance will cost you, depends on your climbing activity and the severity of your climbs. Some questions insurance underwriters may ask during your rock climbing life insurance application are: How frequent is your climbing activity? What type of climbing activity do you engage in (e.g. rock climber, mountaineer, hill walker)? What climbing experience or climbing activity qualifications do you have? What is the grade of ascent/severity of your climbing activity? Where do you climb?Your premiums for Rock climbing Life insurance will also depend on: Sum assured (£’s) Term of cover (years) Type of policy (e.g. Family, Mortgage, Whole of Life etc.)Rock climbing life insurance rates/ratingsFor most UK-based recreational climbers, a rock climbing life insurance policy should be easily obtainable with standard terms. If you climb outside of the UK or the grade of ascent for your climbing activity is severe, you may have special terms applied to your rock climbing life insurance policy. Special terms could include premium loading or rock climbing ‘exclusions’ added to your life cover.Percentage (%) loading for Rock climbing life insuranceIf percentage loading is applied to your rock climbing life insurance policy, your monthly premiums will be raised by a set percentage. Insurance underwriters apply percentage loading using a risk-based scale, if your climbing activity is considered high risk you are likely to see some percentage loading. It is important to remember that the amount of acceptable loading will vary, and you may be able to obtain high-risk rock climbing life insurance elsewhere with increased loading (e.g. 250%, 400%)Per mille loadings for Rock climbing life insurance‘Per mille loading’ is only rarely applied to life cover in the most serious cases, as such it is unlikely you will see ‘per mille loading’ applied to your rock climbing life insurance. ‘Per mille loading’ raises premiums by a set amount (e.g. £1, £2) per thousand £’s of life cover. It’s worth noting that ‘per mille loading’ can be very flexible as insurance underwriters can choose to apply ‘per mille loading’ for a set period.Exclusions for Rock climbing life insurance, critical illness cover or income protectionIf insurance underwriters choose to apply a climbing activity ‘exclusion’ to your rock climbing life insurance policy you will be unable to claim for anything related to your climbing activity. An ‘exclusion’ could make your rock climbing life insurance policy very impractical so it is important you check your policy closely before agreeing to it. ‘Exclusions’ could also affect your ability to gain additional benefits such as Total and Permanent Disability, Waiver of Premium and Guaranteed Insurability.How much cover do I need?When making a decision about how much rock climbing life insurance to apply for, make sure you account for all of your expenses. Whilst we can’t tell you how much rock climbing life insurance you will need, we can offer a few guidelines.It is important to note that your premiums for rock climbing life insurance may increase after underwriting.Rock climbing life insurance amounts of cover The amount left to pay on your mortgage. Any outstanding debt (e.g. Loans, second charge, credit cards and other) Dependants Spouse or Partner Annual Income (after Tax) Any financial assets (e.g. car, house, business etc.)If you feel unsure or require more information to decide how much rock climbing life insurance you will require to secure your family and home, see our Iam Insured insurance calculator .Rock climbing critical illness cover amountsApplications for rock climbing life insurance critical illness cover will generally be available at standard terms, but could feature special terms for high risk climbing activity. A rock climbing life insurance critical illness policy will provide you with a tax-free lump sum should you become unable to work. As such, if insurance underwriters decide your climbing activity is higher risk due to the ascent of your climbing activity, special terms could be added to your rock climbing life insurance critical illness cover. Special terms could include premium loading and/or climbing activity ‘exclusions’. When deciding how much rock climbing life insurance critical illness cover you will need to apply for, look at: Your annual Income (after Tax) Mortgage/rental payments (annual) Cost of living (annual) Any other potential costs (e.g. medical treatment or adaptations)Rock climbing income protection amounts of coverRock climbing life insurance critical illness over and income protection both provide payments should you become unable to work. However, unlike critical illness cover which provides a lump sum, Income protection offers monthly payments. Standard terms are usually available for recreational climbers and more severe ascents will usually lead to special terms being added to your insurance policy. Insurance underwriters could add premium loading or ‘exclusions’ to your policy, so be sure to check your rock climbing life insurance policy closely. When making any rock climbing life insurance applications for income protection take into consideration your: Monthly income (after tax) Mortgage/rent payments Debts (other) Cost of livingWhich insurance companies offer Rock climbing life insurance?Most recreational climbers should be able to obtain rock climbing life insurance at standard terms. For climbers, mountaineers and hill walkers who choose to scale more severe heights special terms may apply. If you are having trouble finding an appropriate insurer due to your climbing activity, Iam Insured may be able to help.Iam Insured are a specialist rock climbing life insurance provider, and we can help find the best life cover for you. Iam insured are authorised and regulated by the financial conduct authority and are registered in England and Wales. To speak with one of expert advisors, contact us now on or send us an email .Rock climbing critical illness cover and income protection providersRock climbing life insurance critical illness cover and income protection will usually be available at standard terms. If your climbs are more severe and you are having difficulty obtaining life cover that works for you, Iam Insured may be able to help.