Life Insurance for Skydivers: Our Complete Guide to Getting the Lowest Rates in 2025 + YouTube Video
Purchasing life insurance for skydivers is simple, so don’t let your passion for adventure hold you back from
protecting your family. We understand the unique needs of skydivers such as yourself.
Our simple and quick telephone application is specifically designed to cater to skydivers, ensuring that you can easily secure the protection you need.
We work with over 40 A+ rated insurers in our network, so we have the expertise to find the best coverage options at the lowest rates.
You can rest easy knowing that your family members will be financially protected in the unfortunate event of an accident.
Providing the best skydiving life insurance is a common area of our expertise. Get the peace of mind that comes with being properly protected.
Table of Contents
- Can I Get Life Insurance if I Skydive?
- YouTube Video: Hazardous Sports
- Does Skydiving Affect Life Insurance?
- Skydivers With Health Conditions
- Health Questionnaire: PDF Download
- Is Skydiving Covered by Life Insurance?
- Best Life Insurance Carriers to Consider
- Skydiving Fatality & Injury Statistics
- Our Final Thoughts
Can I Get Life Insurance if I Skydive?
You can rest assured knowing that skydivers can purchase life insurance. The most important factor is being in good health when you apply. Your health is always an insurer’s most important concern, regardless of whether you are a skydiver or not.
Can I get life insurance if I skydive? is one of the most common questions we hear people ask. As I stated, the answer is yes, and you have many excellent choices in companies and policy designs. Skydiving is a popular sport nowadays, but it is classified as high-risk by the life insurance industry.
There are many types of risky sports, and purchasing skydiver life insurance is usually not a problem unless you have medical concerns. However, remember that your health is even more critical in obtaining coverage than your hobby.
If you are reasonably healthy, you should have no problem. Skydiving and life insurance work the same way as scuba diving, for example, and in fact, scuba diving has more fatalities than skydivers have.
How to Apply for Life Insurance With a Hazardous Sport: YouTube Video
Does Skydiving Affect Life Insurance?
Will skydiving affect my premium in any way? Skydiving does affect your life insurance rates, but you will find that your new policy will still be very affordable. People typically feel that their sports will make it difficult to purchase or raise their rates when submitting an application.
Skydiving makes buying a new plan a little more challenging because it does require a few more questions to be answered.
It could also raise premiums due to flat extra fees that could be added to your base premium, which is considered standard procedure for many high-risk sports and hobbies. However, you should be fine if you have the proper training and equipment before jumping from an airplane.
Naturally, the more experience, the better also. Our quoting system will display skydiving life insurance quotes from approximately 40 of the most competitive carriers.
The Impact of Health Conditions on Skydiving
An applicant’s current health history is the most important factor when calculating their final rates during the application process. Serious medical conditions will always be taken into consideration. If you have any medical issues we can run a quick medical assessment to see how your rates may be affected.
A medical assessment, otherwise known as a pre-screen, involves a simple five minute conversation to identify what medical issues an applicant has and what type of medication is used to treat it. This way we will know which insurer will be the best choice to apply with.
All carriers underwrite applications differently. The carrier that is the most skydiving-friendly and liberal with medical conditions will end up offering you the lowest rates.
Skydiving Health Questionnaire
For individuals with pre-existing conditions, this questionnaire can provide an accurate projection and premium quote.
Please click on this link to download our health questionnaire. You can either email or fax it back to us and we will be able to
provide you with an accurate projection of what your rates will be.
Your health is very important when applying for coverage, especially with a high risk hobby or sport. Health conditions can have a serious effect on your premiums.
Our Contact Us page contains our email address and fax number. Don’t hesitate to let us know if you have any questions. We are available seven days a week!
Does Life Insurance Cover Skydiving?
Is skydiving covered by life insurance? This is the most common question we hear concerning your sport. Your policy will pay out for skydiving accidents if the policy was obtained prior to engaging in the activity. Your policy will also pay if you apply for a new policy and disclose it on the life insurance application. So rest assured, there is nothing to worry about as long as you disclose the fact that you skydive on a new application.
Skydiving is covered by policies you already have in force if you are not actively skydiving at the time of the application. If you were active in the sport at the time you applied and you disclosed your skydiving, you should be all set. To apply for new coverage, you must answer the hazardous sports questions on your new application for coverage.
The questions will relate to sports such as drag racing, scuba diving, rock climbing, and BASE jumping.
Don’t ever attempt to conceal any hazardous sport you are active in. Omitting your sport could result in non-payment of claims if you were killed in a sport you failed to disclose.
Next time one of your fellow divers asks you if skydiving is covered by life insurance, you can tell them it sure is.
What Are the Best Life Insurance Companies for Skydivers?
You have an excellent choice of life insurance companies to choose from. Here is a list of some of the best carriers that are very liberal towards your sport.
We also recommend running our instant quoting system and comparing the companies listed below with their premiums to get a first-hand view of who has the lowest rates. Here are some of the best insurers:
1. Banner Life
2. John Hancock
3. Lincoln National
4. Transamerica
5. Prudential
6. Protective Life
7. Mutual of Omaha
8. AIG (American General)
9. Principal Life
Life insurance for high-risk sports is offered by all major carriers in the United States, but rates vary between companies.
What Factors Determine the Cost of a Life Insurance Policy?
Your health will be more critical than your sport in terms of your premiums. It won’t pay to get too involved with choosing a company because more information must be collected for each applicant.
Your acceptance and finding the best life insurance rates will depend on other factors, such as:
1. Age
2. Health History
3. Occupation
4. Sports & Hobbies
5. Parent’s Health & Longevity
6. Driving Record
7. Medications Used
8. Tobacco Use
9. Height & Weight
10. Credit History
This is all commonly used information required by insurance companies. These questions are also for your agent to pre-screen and choose the best carrier for your specific needs.
Best Life Insurance Policies for Skydivers
The plan designs below are the three main plan designs that would be ideal choices for any skydiver. The best type of life insurance for skydivers is low cost term insurance due to the very low rates.
Term Life Insurance:
Term insurance is the most common type of life insurance product sold in the United States. It is the most cost-effective plan
design, and you can buy it for as long as needed. You can choose term insurance products with a term of 10 to 40 years.
Term policies can also be converted into permanent coverage (universal life) without any proof of your current health.
Universal Life:
Universal life is a permanent life insurance product that will last for the rest of your life as long as you keep paying your premiums. Whole Life was popular years ago, but it became far too expensive as time passed.
Universal Life is much more affordable and gives you the same lifetime protection. It costs over double the price of the term, but it will last the rest of your life with no possible gaps in coverage like term products can.
No Medical Exam Life Insurance:
No-medical-exam policies are also known as non-med policies. The application is shorter than a fully underwritten conventional plan design, eliminating the need for a physical exam.
The downside is that these plans cost a little more than traditional term policies. However, these plan designs can work great if you want to skip the exam and get approved quickly.
Skydiving Fatal Accident & Injury Statistics
The sport of skydiving is not as dangerous as most are led to believe and thankfully the life insurance carriers are well aware of this.
Fatality Rates Overall:
According to the U.S. Parachute Association, the skydiving fatality rate in the United States is approximately 0.38 for every 100,000 jumps. This breaks down to 1 in every 255,000 jumps. This is a very modest number, especially when compared to other potentially hazardous sports in this country.
Annual Skydiving Fatalities:
On a national average, there are approximately 10-15 skydiving-related fatalities per year in America, keep in mind that this number can vary a little from year to year. In 2021, for example, there were just 10 fatalities among approximately 3.58 million jumps, representing the lowest rate in recent history in this country.
America’s Injury Rates:
While deaths are considered very rare, injuries are definitely considered to be a more common occurrence. But serious injuries are still rare. The rate of injuries requiring medical attention was about 0.4 for every 1,000 jumps. The largest reason for this is due to poor landings on the ground which is more common to inexperienced participants.
Experience Level:
Skydiving fatalities are more likely among the more experienced skydivers who attempt more complicated landings rather than new divers trying to keep everything nice and simple.
Sport Comparisons:
Skydiving is very often much safer than many other hazardous sports. Extreme activities such as BASE jumping have a much higher fatality rate than skydiving. Simply driving your family car down the highway has a much higher annual death rate than skydiving ever has.
Modern Safety Regulations:
Modern skydiving safety-related equipment, such as automatic activation devices, high quality reserve parachutes, and advanced instruction training programs, have played a huge part in making the sport of skydiving much safer over recent years.
*These statistics illustrate that while skydiving does pose possibly fatal risks, the likelihood of a fatal skydiving accident is certainly considered quite low. The life insurance industry has run many in-depth studies on this subject which gives them the confidence that skydiving is a relatively safe sport which leads to low life insurance rates for skydivers.
Does My Level of Experience Affect My Rates?
Your experience is no different from flying an airplane or scuba diving. The more knowledge you have, the better it is when applying for skydiver life insurance. Also, the more training you have, the better for your own personal safety.
However, everybody has to start somewhere, so if you’re new to the sport, you should still be able to get affordable rates and be issued a policy. You can even re-apply later for a lower rate once you have more jump-time under your belt.
What Questions Will the Carriers Ask?
These are the most important questions an insurance carrier will ask.
1. How many jumps do you make a year?
2. How much experience do you have?
3. Do you jump over dangerous terrain or water?
4. Do you belong to any jump clubs?
5. Do you skydive for recreation or pay?
6. Do you use standard-approved or experimental equipment?
Apply for Skydiving Life Insurance Over the Phone
Applying is faster than ever with our modern telephone applications. All you have to do is listen to the
questions, answer the questions over the phone, and complete your application in about 15 minutes.
You don’t have to complete 20-page paper applications or confusing online applications that require the use of a computer along with some computer skills.
We use the SnapApp system, which makes applying a breeze.
Our Final Thoughts
If you are planning on purchasing life insurance for skydiving and the idea has you worried, don’t give it another thought. We work with all forms of risky sports and hobbies every day.
Contact us today and we will answer your questions and remove all the guesswork you may have.
In addition, we will provide you with the best life insurance quotes from all the most competitive companies chosen explicitly for you and your budget. We are here to help you seven days a week.
All the best,
Jack Venturi
Should you have any questions, please don’t hesitate to call us at 708-334-6226 for a prompt response. We’re here 7 days a week.
