Scuba diving is without question a fantastic sport. I know from experience, I am a NAUI certified diver myself. I have been enjoying the sport for over 30 years now. If you would like to compare life insurance quotes for Scuba Divers. Keep reading and I will show you how to get preferred rates. You don’t have to pay a penny more because you enjoy Scuba Diving! We all know that Scuba diving is about as fun as it gets, but it must be taken seriously.
Many people think that Scuba Diving is all about dangerous sharks and other marine life that can hurt you. When the actual water itself can be your worst enemy if you get careless or panic underwater. Your best asset is the expert training you received to get certified. This is an awesome sport but if you make a mistake you may never get a second chance. Comparing life insurance quotes for Scuba Divers is a very simple process. Even though it is considered a hazardous sport by the life insurance industry. This blog post is designed to help you purchase life insurance for Scuba Divers. Our job is to see you receive the lowest rates possible. We will look at many ways to get the best life insurance rates.
Scuba diving may be considered a hazardous sport. But you can make it a very safe by not taking careless chances.
Due to the fact that I am a NAUI certified Scuba Diver, I totally understand the sport. I started out scuba diving in 1978. Nobody really understands how great this sport really is especially if they have never done it before. Many people believe that life insurance quotes for scuba divers is going to be very expensive. Let me tell you this, the rates can only be expensive when you are using the wrong life insurance company. The best life insurance companies for divers do not get intimidated with the dangers of scuba diving.
Excellent companies such as Banner Life, American General and AXA will give you preferred rates. Naturally your health has to taken into consideration also which is normal. Many variables come into the picture when analyzing a scuba divers application for a life insurance policy.
The companies provide the best life insurance quotes for Scuba Divers that are properly trained.
The first important factor is the training and certification of the diver in question. Remember the fact that even to get your tank refilled with compressed air, you must be certified by “PADI” (Professional Association of Diving Instructors). Or “NAUI” (National Association of Underwater Instructors) which happens to be my certification agency. Classroom instruction with a written exam and open water testing is mandatory to be a certified scuba diver. Your safety underwater depends on your knowledge of the sport. Make sure you always dive with an experienced buddy. Never go into the water if you do not feel good or are under the influence of alcohol or drugs. Simple sinus problems can cause a major problem equalizing the pressure in your head when you are deep underwater.
Is it possible to find Term life insurance with low rates for Scuba Divers?
The answer is, most definitely. You can receive low cost Term life insurance for Scuba Divers. But it will take a little more work on your agents part. The life insurance market has to be thoroughly shopped so you get the lowest rates possible. Lets back up for just a second. Don’t waste your time running quotes on multiple websites on the internet if your a Scuba Diver. This is because you will need help from an insurance professional right from the beginning. A life insurance agent will collect your basic details about your Scuba Diving habits and then pre-screen this information. They contact the most appropriate life insurance companies to see who will give you the lowest rates.
This will depend on where you dive, how much you dive. What is your experience level is and don’t forget all of the normal information such as health conditions. An experienced agent can easily find what carrier will give you the best life insurance quotes for Scuba Divers. Finding the lowest rates is not a problem for an experienced independent agent to help you with. A number of companies will come through with excellent Term life insurance quotes for Scuba Divers. So rest assured you can purchase the coverage you need and it will not break the bank.
Common Types of Life Insurance for Scuba Divers
Term Life Insurance:
Low cost Term life insurance is the most commonly purchased life insurance in the United States. Term life insurance covers only a specific period of time before it terminates on the anniversary of the policy. We can call this a temporary for of life insurance. It can vary from 5, 10, 15, 20 or 30 year intervals of time. Once these time periods have occurred, the policy is no longer active. Due to the limited time periods on these types of policies, they are the least expensive life insurance options. At the end of each time period, the policy can be renewed but it is usually too expensive. Since nobody knows what the future has in store for us. It is a good idea to apply for the longest term period available. Term life insurance has the best life insurance rates of all plan designs.
Universal Life Insurance:
The price of Universal life insurance remains the same for the lifetime of the policy. As long as payments are made on time the premium never changes. The insured will still be covered under the terms of the contract. Universal Life has taken over as the go to policy design for people that want permanent coverage. Having life insurance designed to last the rest of your life gives total peace of mind and protection. Universal Life insurance is a product you should consider for individual life insurance. It never leaves any gaps in coverage like Term can.
Whole Life Insurance:
Whole Life insurance is very similar to Universal Life insurance only in the way it is a permanent plan design. The owner of the policy cannot change the amount of the premiums to change the amount of coverage. There is also a cash value attached to Whole Life based on an interest rate. You can actually borrow money on a Whole Life policy. If you do borrow money, the amount obtained after the insured’s death will decrease. Whole life is much more expensive than low cost Term life insurance. Many companies no longer offer Whole Life insurance because of the very high cost.
Guaranteed Issue Life Insurance:
Guaranteed Issue Life Insurance is usually a last resort type policy. It is designed for people with serious pre-existing health conditions. Typically only $25,000 for death benefit is available but it can also be partially withheld. This is if the policyholder dies within two to three years of purchasing the insurance. This type of life insurance is in the high risk life insurance category. Normally you will never purchase Guaranteed Issue Life Insurance for Scuba Diving.
Each policy design has it’s different pros and cons that you have to take in consideration. There is no one perfect plan design for everyone. Everyones situation is a little different for their need for purchasing life insurance.
The best Term life insurance quotes can depend on these questions below.
Here are important factors that the carriers take into consideration when underwriting processes an application for a Scuba Diver. Here are lists of these important questions the underwriters will want answered:
• Are you a certified scuba diver (this will be mandatory)?
• How many dives per year do you complete?
• How deep do you normally dive? (Diving deeper than 75-100 feet can trigger a rate-up which means a higher premium.
• Do you cave dive, wreck dive, ice or salvage dive?
• Do you perform any rescue dives or dive for hire?
There are several excellent life insurance companies that offer low term life insurance rates for Scuba divers.
Naturally Scuba Divers are going to be looking for the lowest life insurance rates possible. That is where the agent comes into play to shop the market for their perspective client. Banner Life, American General and AXA normally have the best rates for scuba divers.
If you only dive on occasion and in shallow waters you should find best and most affordable life insurance rates. This is because the risk fact is greatly reduced in comparison to a professional scuba diver. The professional dives to earn an income which would definitely place this person in a higher risk class. A professional diver that dives everyday will have a better chance to be injured or killed underwater. A certification as an “Instructor” or “Advanced” diver, this will help lower your premiums with many of the companies.
Take advantage of our website quoting system to instantly compare life Insurance quotes for scuba divers.
Feel free to use our life insurance quoting engine on the right. You can see what’s available and get a general idea how much life insurance would cost. We work with over 40 trusted companies. We leave no rock unturned when it comes to finding the lowest Term life insurance rates you can qualify for. Keep in mind that this is a form of high risk life insurance if we think it is risky or not. You can even purchase life insurance with no medical exam.
Anytime we go through a quoting process where there are health condition or a hazardous sport to be concerned with. We will pre-screen the applicant information with multiple life insurance companies. This will advise us who will give them the lowest rates. The best life insurance companies will normally give you the best life insurance quotes.
Experience and training will play an important roll in receiving the best life insurances quotes for Scuba Divers.
The more Scuba training you have the better it is for the safety of the diver. Your knowledge level and experience can make the difference. It can between having a good safe time diving or possibly an emergency ride to the hospital or worse. Making a mistake on dry land is one thing, but making a mistake in the water can cost you. Large bodies of water are very unforgiving if you make a mistake. Shark attacks most of the times can be the least of your worries.
Scuba diving should be a very safe sport with the help of good instructors. A good diving partner, proper equipment and the use of good common sense. If you are looking for the best life insurance quotes for scuba divers. Give us a call today and we can show you all your options. Feel free to contact us 7 days a week with any questions you might have.
Check out our about us page to learn more about us and our excellent life insurance products that offer the lowest rates. Don’t spend any more premium dollars than you have to. I hope this article has helped you understand more about purchasing life insurance and has answered some of your questions. Don’t hesitate to use our quote engine to run your own quotes. You can compare the most competitive companies side by side in less than a minute.