For anyone taking part in Motor Sports looking for Life Insurance you will find that additional questions will be asked about the type of motor sport, how often you do it and which type of vehicle you use. Motor sports life insurance can vary dramatically due to the various types motor sports, levels of motor sports and vehicles that can be used. The main types of motor sports life insurance are Cars, Motorcycles / Motorbikes or Boats (e.g. Powerboats).
Motor sports life insurance for people who take part in this type of activity as a hobby or even amateur level competitions will generally find that they will be accepted at normal / standard rates. Insurance underwriters will ask questions about the type of vehicle that you use, engine capacity (e.g. cc or bhp), how often you race, ride or drive and where you do your motor sports (e.g. Circuit, Road, Off-road, On-shore or Off-shore etc.).
For anyone looking for motor sports life insurance that competes in events from amateur to professional level there may be an additional loading applied to the standard premium. Motor sports are generally dangerous which will be reflected in the rate that you pay for life insurance. In instances where the motor sports events are particularly hazardous such as Motorbike Road Racing or Off-shore Power Boat Racing then cover may even be declined by some life insurance providers.
