2. Life Insurance, Critical Illness and Income Protection
Note these items are not covered automatically with your membership.
Income protection – If you are diagnosed with a serious illness or suffer a serious injury, you will likely require more time off than most company sick pay policies cover. Income protection will ensure you continue to receive a monthly amount until you can return to work.
Critical illness – Being diagnosed with a critical illness can be a stressful time. Your focus should be on recovering, and not worrying about your financial stability. In the event of a diagnosis of a serious illness, critical illness cover can pay out a lump sum to ease the financial impact on you and your family.
Life insurance – In the event that you aren’t around anymore, you will want to know that your family is taken care of. Life insurance policies can provide your family with a lump sum to ease financial stresses at a difficult time.
There are many options to consider when arranging any of the above covers and our experts can help you decide which one best fits your needs. Please visit www.towergatehealthandprotection.co.uk or contact Nick Sullivan on 01903 875431 quoting reference “UKOSF” for more information.
3. Travel Insurance
Note travel insurance is not covered automatically with your membership. Not all travel policies will cover hazardous sports such as obstacle sports, therefore, it is important to check this point on any policy you already have or may be considering.
Towergate hope to have a tailored travel policy for British Obstacle Sports members available in the near future but in the meantime, we understand there are a number of products available that provide appropriate cover
4. Personal Liability
It’s a relatively slight risk that obstacle sport participation could leave you open to a claim against you in your personal capacity relating to alleged negligence that caused injury to a third party, however, it is not beyond the realms of possibility in an ever increasingly litigious society.
Most home insurances provide the policy holder and their immediate family residing in the home a level of protection for this scenario (known as personal liability insurance) but all policies are different and yours may not extend this cover in respect of obstacle sports participation.