Sports Insurance is becoming increasingly popular with individuals who are either actively participating in a sport, or have a career in the various sporting industries. The aim of sports Insurance is to cover the cost of loss or damage to equipment, or to provide cover against any injury that may occur in pursuit of the sport.
Any individual who actively participates in sports or belongs to a sporting profession needs to be insured against injury that could affect their ability to perform, and the various medical costs which may arise as a consequence.
When deciding whether to take out sports insurance it is best to think about how it will benefit you as an individual and therefore whether it is worth investing in. You also need to find out whether you are already covered. For example, some sporting associations and football teams use sports insurance to cover their key team players, especially in the event of an assault or injury.
One of the benefits of investing in sports insurance is that you are covered if you were to cause injury to someone else. For example, if you were to injure another person in a skiing accident you could be liable to pay compensation to the injured party. Your sports insurance would ensure you have the means to cover any costs. It can also provide peace of mind so that you can concentrate on really enjoying the sport that you are playing.
It is also important if you are going on, for example, a skiing or scuba diving holiday to take out extra insurance to cover loss or damage to the expensive sporting equipment you will be taking with you.
Insurance companies differ in what their sports insurance cover includes, however most offer cover on personal injury, loss of earnings and third party liability. The majority of insurance companies can offer sports insurance cover on an annual basis but insurance can also be taken up for the duration of a sporting event or competition.
Below is a list of useful insurance company websites in the UK which can assist you when deciding which sports insurance provider would be most suited for your specific needs.
Harrison Beaumont Insurance - www.hbinsurance.co.uk
Leisure and Sport Insurance – www.leisureandsport.co.uk
Dare Direct Insurance Solutions – www.daredirect.com
Sports Cover Direct – www.sportscoverdirect.com
Sports Injury Insurance – www.sportsinjuryinsurance.co.uk
Help U Cover Sports Accident Insurance – www.helpucover.co.uk