Did you ever stop to think that your favorite sport might might effect the cost of your new life insurance premiums? There are few sports and hobbies that could play an important factor in you receiving the best life insurance rates. This article will cover the most dangerous sports that could cause you to pay more than you expected for life insurance. Some of these sports will surprise you.
All the best life insurance companies carefully weight the risk factor of an applicants sports and hobbies. Some of these sports like tennis, golf and softball are usually harmless and never effect life insurance rates.
Not all sports are treated equal.
On the other hand, some sports will play a key part when trying to secure the best life insurance rates. Sometimes the applicant knows this going in to the application and some applicants get the sticker shock of their life. Let’s take a look at THE most dangerous sports that could cost you additional premium dollars.
There is no question about it, Base Jumping is known as one of the most dangerous sports (period). B.A.S.E jumping, is a form of parachuting where the participant jumps off a fixed type structure or rocky cliff. The word BASE is actually an acronym. It stands for the four main categories of fixed objects from which the base jumper can jump off.
Here are the common fixed objects to jump from:
The most common fixed object are buildings, antennas, spans, and the earth itself such as a cliff. Will this bizarre sport cost the life insurance applicant more money? You bet it will, no question about it.
For your information BASE Jumping is know as one of the most dangerous recreational activities in the entire world. There is a fatality and injury rate of 44 times as high as Skydiving from an airplane. The reports show as of October 15th 2017, the base jumping fatality list recorded over 330 deaths for base jumping since 1981 (ouch).
*Scuba Diving (Cave Diving):
Scuba Diving has always been classified by the life insurance industry as a dangerous sport. Cave Diving is a specialized form of scuba diving where the divers explore the deep insides of underwater caves. The main dangers in cave diving are either getting lost or becoming trapped by the hazardous interior of the cave.
Many other divers have ran out of air and could not find the exit of the cave before the completely ran out of air. Also keep in mind that sharks also lurk in these caves becoming another lethal threat. On an average of 3 cave divers lose their life Cave Diving each year. I personally love Scuba Diving but I never graduated into a Cave Diver.
Sky Diving has been around for many years and it is growing in popularity each year. Even though there are major improvements of parachute designs, the sport can still be fatal. Regardless of who packs a chute or what brand the parachute is. There is always the possibility of the parachute failing to open and the Skydiver falling to the ground. When several divers are together, the greater the chance of the parachutes getting tangled. The year 2014 had a total of 18 deaths from Skydiving.
Bull Riding is a version of a rodeo sport that requires the rider to stay mounted on back of a bull for as long as humanly possible. All this time the huge bull is doing everything to flip the cowboy off his back. Just the simple idea of climbing onto the back of a 2000 lb. bull is incredible to say the least. The rider is nothing less than a rag doll when compared to the incredible strength of the bull. It known as one of the most dangerous sports in the world.
Many bull riders have been permanently paralyzed as a result of bull riding accidents.
Head, face and neck injuries are very common with damage to the neck, head and face besides concussions accounting for most of the injuries. An experienced bull rider named Lane Frost was gored by a bull in 1989 and his heart was punctured by the horn. Nowadays protective vests are used similar to bullet proof vests in an effort to reduced these serious and fate injuries.
The U.S. professional rodeo circuit averages two deaths per year. Many more bull riders suffer from serious spinal cord and brain injuries every year. These statistics are from the World Health Organization’s Helmet Initiative Organization records on file.
The Motorsports Racing participants have their fair share of severe injuries and deaths also. Drag Racing especially in the classes using Nitro Methane and Alcohol have the highest statistics. Keep in mind that these cars travel the quarter mile in well over 300 miles per hour. When something goes wrong at that speed, it will definitely be serious and possibly fatal.
Boat Racing can also be very dangerous and in most cases worse than the race cars. Remember that there is no such things as brakes on a boat.
Motorcycle Racing on circle tracks and drag racing can be very dangerous due to little protection for the riders body. The ever popular sport of NASCAR Racing has more injuries and deaths than the others racing sports combined.
We can help take the confusion out of purchasing life insurance and ensure you receive the best rates.
Shopping for life insurance for the most dangerous sports can seem confusing at times. There are a lot of plan designs and excellent companies to consider. The help from an experienced life insurance agent makes the process very simple to understand. Contact us today and we will answer all your questions over the phone, we’re here to help you.
We can be reached by telephone toll-free by calling 800-897-5699 7 days a week.
Visit our About Us page and learn more about us and our business.