LOADINGS TO PREMIUMS

In exchange for your premium, a life company will insure your against dying prematurely, becoming disabled, loosing your income or becoming severely ill. This premium is calculated by taking different variables into account such as:
mortality rates. The older you are now, statistically          you are a higher risk to the insurance companies.
Current health
Smoker status

The insurance companies also take into account the sports and occupations that a person is involved in when calculation their risks and the premiums charged. These premiums vary according to the sports type, experience and insurer.

There are many insurance companies in South Africa, and in many circumstances they view their risk exposure as a result of extreme sports differently. It is therefore imperative that when applying for extreme sports insurance a person has all the options at their disposal. An example is that certain skydivers are covered at R1,75 per R10, 000 of life insurance cover and other skydivers who are insured with another company are paying R6, 00 per R10, 000.

Why pay more then you have to? Contact Extreme Insurance to evaluate your policy.