Insurance for adventure sports


Is there any protection plans for adventure sports?



Targeted towards adventure tourists in India, you can now pick from a variety of covers ranging from accident hospitalisation to provision for an air ambulance. The insurance company offers a cover of up to Rs. 1 Crore, for death or permanent disability for policyholders who are into high-risk sports activities.

However, the risk cover is only for non-professional involvement, where the policyholders engage in activities just for leisure. There is also a condition stating that the sports activities need to be performed under the strict supervision of a trained professional in order for it to qualify as insurable risk. If a policyholder engages in a high-risk activity without the supervision of a trained professional, the insurance company rejects the claim.

Apart from adventure sports coverage, the policy also provides fracture care, loan protector cover, and EMI payment cover, in case of an accident.

The adventure sports cover is currently available as an add-on to the base personal accident policy. The premium payable depends on the payout option you select, which can either be 25%, 50% or 100% of the sum insured for adventure sports risk cover. The premium payable for this cover is in addition to the premium payable for personal death cover.

The limitation of this insurance policy is that it does not allow cover for partial disability or temporary injury.

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