Scuba
Diving Insurance
|
Scuba diving, scuba
dive insurance, diving insurance, divers insurance,
diving travel
|
|
|
Term Life Insurance For Those In Hazardous
Occupations
As overall lifestyle is taken into consideration
when applying for term life insurance coverage, one of the
principals that underwriter's evaluate when deciding to
grant approval is your career. Applicants who risk their
lives or are subject to potential disability on a regular
basis will pay a higher term life insurance premium than the
average person in relatively "risk free" occupations.
Hazardous Occupations
Many people must work in hazardous occupations as
their primary source of income. Pilots, aviation or scuba
diving instructors or firefighters are a few examples of
high risk jobs. As unfair as it might seem, all these
professionals can expect to pay higher term life insurance
premiums. However, reasonable term life insurance
|
coverage is still possible if you obtain necessary
licenses and take safety classes. It is best to ask
your insurance carrier about the necessary
requirements so that you can meet them before
applying for coverage.
Waiver of Premium Rider
For those of you who work in jobs that could
potentially disable you physically, you may want to
consider a "Waiver of Premium Rider." By adding this
rider to your term life insurance policy, your
premiums will be waived should you become totally
disabled. This type of rider is ideal for those who
work in jobs such as metal or iron work or any
hazardous occupation where you have to deal with
chemicals, fire or specialized machinery.
Usually waiver of premium riders change along with
any term life insurance policy premium changes (such
as an increase due to age). The waiver of premium
rider terminates on the renewal date closest to your
60th birthday. Learn more about term life insurance
by visiting
http://www.equote.com/li/termlifeinsurance.html.
Choosing a Term Life Insurance Carrier
If you work in a hazardous occupation, it is
important that you do you due diligence when
choosing a term life insurance carrier since you are
in the "high risk" category. Not only should you
make sure to choose an A or A+ rated, but it is also
important to check what kind of "mortality table"
the carrier uses. Mortality tables help determine
the premiums you pay by measuring what kind of risk
you are. Many term life insurance companies use
older tables, for example, on 30-year old data. If
your insurance company stays up-to-date they will
employ a method called "clinical medical
underwriting." This method takes into consideration
all the current medical advances and lifestyle
choices that allow people with medical/disability
problems to live long and productive lives.
Getting several quotes for insurance policies will
ensure that you get the best term life insurance
rates and coverage. Why pay more than you already do
working in a hazardous occupation?
About the Author
Sharon Taylor writes informative articles for
eQUOTE
Life Insurance, a premier Internet resource for term
life insurance, no-obligation quotes, and other
helpful insurance resource information.
Gap Year Travel Insurance by Robin Andrews
If you are going on a gap year no doubt you have
found the planning very exciting. Unfortunately
this article is about something that you might
consider boring but is the most important thing to
take with you: Gap Year Travel Insurance. If you
think this is too boring to read on, make sure your
parents read it!
Young travellers who have the world at their feet
often feel immortal and invincible but unfortunately
they are not. An estimated 200,000 young people will
take a gap year this year and the choices on how to
spend it are limitless. Many of the gappers are on
tight budgets and gap year travel insurance can seem
like another unnecessary expense. But in relation to
the costs of the trip (and potential costs), gap
year travel insurance is not expensive. What is
expensive are the medical bills that can occur while
abroad. The bill for an air ambulance to hospital, a
few days treatment, then repatriation back to the
UK, can easily reach tens of thousands of pounds and
if they are not insured it could fall upon your
parents to pay for it!
Gap year travel insurance is different from an
Annual Multi-Trip policy. While an Annual
Multi-trip policy may appear to last all year, they
restrict the number of days for individual trips.
Many gap year destinations offer extreme
sports such as scuba diving, skydiving and bungee
jumping at much cheaper rates than the UK and you
may be tempted to give them a go. It is very
important to check the small print of your policy or
check with your insurance provider to ensure that
these activities are covered; otherwise you might be
hit with a big medical bill yourself!
It is also important to check that your gap year
travel insurance covers you for any valuables
you are taking with you such as glasses, mp3 players
and digital cameras. You may already have
"all-risks" cover for these on your/your parents
home contents insurance policy. Some insurers will
cover them on a "new-for-old" basis but you will
need to keep hold of the original receipts and
obtain a police report for claims of this nature.
As you will have gathered from the above, it
is essential when comparing different gap year
travel insurance policies that you check the cover,
terms conditions and exclusions carefully so that
you know exactly what you are getting before you
purchase. Fortunately it is now easier to do this as
all providers must provide a Policy Summary (Keyfacts),
which is a document that contains an outline of the
key features and benefits of the gap year travel
insurance policy.
Whatever gap year travel insurance policy you
buy, keep a copy of your insurance details on
your person all the time and leave a copy with
someone at home. And remember, alcohol might be much
cheaper abroad but many insurers will refuse to pay
out on any claims arising if you are intoxicated!
A 12-month gap year travel insurance policy can
be purchased for as little as £65.80** from
www.247travelinsurance.co.uk/ - a small price to pay
to reduce your parents' worries!
* 24/7 Travel Insurance is a trading name of Travel
Insurance specialists P J Hayman & Company Limited
www.pjhayman.com
** £65.80 including Insurance Premium Tax is
based on an individual aged 18-35 travelling in
Europe for a period of 12 months, purchasing a
backpacker 'standard' travel insurance policy
excluding winter sports cover. Note: 24/7 Travel
Insurance is only available to persons who have been
resident in the United Kingdom for at least 6 months
prior to taking out the insurance and who are
registered with a UK General Practitioner. Cover is
only available for round trips starting from and
returning to the UK.
About the Author
Robin Andrews is a freelance travel writer. For more
information on gap year travel insurance Robin
recommends
http://www.247travelinsurance.co.uk/gap-year-travel-insurance.asp
Scuba diving, scuba dive
insurance, diving insurance, divers insurance, diving travel
insurance, scuba diving travel insurance, dive insurance,
diver insurance,scuba insurance, scuba diving insurance
|
