Live Insurance News

Life insurance product for scuba divers now offered

October 16, 2013October 14, 2013 G. Turner

An insurer has just released a type of policy specifically for these underwater adventurers. As adventure sports start to become more popular, the several sectors of the industry, such as life insurance, have responded by coming up with products that are specifically designed for the needs of participants. Now, a new product has been released that targets individuals who enjoy scuba diving. The insurer behind this new product is Lifeline Direct Insurance Services, which often looks to develop products for specific lifestyles. They have observed that there is a need…

Extreme sports insurance and ski safety tips are important for starting the season

December 15, 2012April 30, 2013

Skiers are cautioned to start the winter off right by taking appropriate precautions. In some areas of the world, the ski season has already started and is in full tilt, but a snowboarding accident in Chamonix is serving as a reminder that extreme sports insurance is just as vital this year as it has been in previous years. A British student is currently on life support because of a crash experienced on the slopes. The Alps are currently having record snowfalls, which could mean a good season, but it is…

Travel insurance company requires skiers to wear helmets

November 7, 2012November 6, 2012 Julie Campbell

The decision made by the insurer is becoming an increasingly common one for skiing and snowboarding coverage. Another travel insurance company has joined in the new trend that requires additional safety equipment to be worn by skiers and snowboarders who want to be covered while they enjoy their sports. Though good gloves and a thick jacket are common protective attire, helmets are becoming required. Though ski helmets are most commonly seen on children when they hit the slopes, an increasing number of adults are also wearing the head protection following…

Extreme sports insurance is a must for travelers with a taste for adrenalin

September 22, 2012April 30, 2013

This coverage becomes especially important when visiting a foreign country. Travelers seeking adventure are advised to enjoy their adrenalin rush with a bit of added precaution through extreme sports insurance, which will make sure that if the worst does happen, they’ll be covered. These policies come in particularly handy when things go wrong while out of the country. After all, as fun as sky diving, bungee jumping, rock climbing and other thrilling activities may be, if things do go wrong, you don’t want to have to pay an arm and…

Insurance news in unregulated extreme sports businesses draws industry’s attention

August 26, 2012August 25, 2012 Julie Campbell

Insurance news headlines a uninsured parasailing incident

Some companies require nothing more than an operator’s license. A recent case in Pompano Beach, Florida, is making insurance news as it draws the attention of the industry, as a woman fell to her death while parasailing on August 15 and the company offering the excursion was not insured. All that was legally required for its operation was a business permit due to the lack of regulation. The woman was Kathleen Miskell, who went parasailing through a boat operator that needed only a basic occupational license for the vehicle and…