steveiow
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| posted on 31/1/11 at 06:37 PM |
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Insurance
I am getting some stupid life insurance quotes due to racing the Locost in the series. It triples the premium.
Now I would be happy to exclude it but i cant find a company that will exclude it.
Any fellow racers have life insurance and how did you go about not trippling your premium due to the occasional race, or are you paying a hefty
premium to be covered?
Thanks, in advance!
2012 Locost Race Car #12 - for everything Locost Racing: www.SEWC.co.uk
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BobM
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| posted on 31/1/11 at 06:48 PM |
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Surely your 'normal' life insurance will cover you but exclude claims resulting from hazardous sports like racing. Getting the life cover
for the racing alone isn't terribly expensive:
https://secure.uk.lockton.com/locktonuk/BuyOnline/PersonalAccident.aspx
Not very Locost but very BEC 
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steveiow
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| posted on 7/2/11 at 06:51 PM |
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Unfortunately its illegal under FSA regulations to exclude dangerous sports from life insurance policies.
So, question still stands - is everyone paying triple as they hold a race licence or have you found some way round this?
I agree its easy and cheap to get additional cover for motorsport, but thats on top of any basic policy. Its the basic policy I am talking about.
Steve
2012 Locost Race Car #12 - for everything Locost Racing: www.SEWC.co.uk
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