Play-Ex Insurance for Sports People

An introduction to insurance for sports people

Wednesday 30th September 2020

Hi, I’m Kathryn and I am a specialist protection insurance adviser. This basically means that I help people to get insurance when their circumstances can sometimes make it trickier.

Sports people are a very unique group when it comes to insurance. You are likely to be fit and healthy, very in tune with your body and probably the envy of many with your stamina and strength. It can sometimes then be a shock when getting insurance isn’t always easy.

I look at things focused upon life insurance, critical illness cover and income protection. With these insurances there are some key things that most insurers are going to want to know about anyone that applies for the cover:

  • Your age
  • Your height
  • Your weight
  • If you use any form of nicotine products

For sports people, there can already be a bit of a stumbling block here sometimes. Height and weight. If you’re a weight lifter or rugby player for example, your BMI could be higher than the “normal” ranges. This will need an extra chat with the insurer to explain why your BMI is the way that it is, so that we can try and stop any red flags going off in their systems.

There are a few other things too that a lot of insurers will ask. I chat through some of them in this video.

There are a lot of other standard questions about your health, travel, occupation and pastimes too. The key things most insurers are going to want to know if you are playing sports is:

  • What sport do you do?
  • Are you professional, semi-professional or amateur?
  • Are you based in the UK or abroad?
  • How regularly do you compete?

Don’t worry about your answers to these! There are lots of different options and it’s simply a matter of finding the right insurer for you. Let’s be honest some insurers are going to be ok with your sports, some won’t. That’s why using an adviser can save you a lot of time. Just like if I decide to restart learning taekwondo, I would go to a professional to guide me. That’s what us advisers do, we guide you.

There are some insurers that aren’t going to ask about your sports and travel, these are really specialist options and could be a great option for you. It’s best to speak to an adviser about these types of policies as there are some specific eligibility factors with the cover.

Speaking to sports people I know that injury cover is a big concern. What happens if you become paralysed, break bones and can’t compete, or have a traumatic head injury. This is where accidental injury policies can be a great option and I talk about some of the key benefits in this video.

Accidental cover can be a great option. It’s often quick and easy to set up. Most have no tie-ins, you are in complete control of how long you have the policy for.

As an example there is a policy that we can offer where you can choose to pay between £8-£40 per month, depending upon how much cover you want. This can be a great option if you are an amateur sports person and you don’t do contests of speed or rock climbing.

For the £40 per month option you can get the following and more:

  • £200k death benefit as a result of an accident
  • £5-£10k if you die as a result of natural causes (£5k after the first year, increasing to a max of £10k once 5 years have passed)
  • Up to £250k it you suffer a serious accidental injury, examples include blindness, paralysis of limbs, loss of hands or feet, deafness, third degree burns over 20% of the body, loss of finger or toe
  • £250 per 24 hour period spent in hospital (after the first year, including pre-existing conditions)
  • Up to £3,750 for a broken bone

You can also include some extra cover that can pay out a claim for some ligament tears, tendon ruptures and dislocations. It’s possible to include cover for your children on this policy as well, that offers some cancer cover too.

There are lots of different options to play about with. You can pick and choose and build these policies, to suit what you want. If you want to know more about the policies and chat through if they’re right for you, head over to my website, pop in your details and an adviser will get in touch.

Disclaimer: This blog post is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this blog post. Although we make reasonable efforts to ensure that the information included in this blog post is correct, we make no representations, warranties or guarantees, whether express or implied, that the content of this blog post is accurate, complete or up to date. If this blog post contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by us of those linked websites or information you may obtain from them.

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