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Does Your Travel Insurance Cover Adventure Sports?

By Finserv MARKETS - Apr 26,2019
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Does your travel insurance include Adventure Sports Coverage?

Extreme adventure sports like Bungee Jumping, Suba Diving, Rock Climbing, Paragliding, and Skydiving are all designed to push you to your physical and mental limits. The riskier the sport, the greater the adrenaline rush and excitement we feel. Regardless of the risks, adventure sports continue to get more and more popular among people. However, you cannot ignore the fact that the rate of injuries associated with adventure sports are higher than normal, and some injuries may be both difficult and expensive to treat. At times, special rescues like air evacuation may be necessary. Given the risky nature of adventure sports, most travel insurance policies do not provide any coverage for such activities.

Importance of Adventure Sports Coverage

The cost of treatment for injuries suffered while participating in adventure sports can be quite high and could potentially be financially devastating. This is especially true if you happen to get injured while travelling abroad. Hence, if you are planning to indulge in adventure activities, it is a wise move to choose a travel insurance policy that provides coverage for the treatment of injuries caused due to participating in any planned sporting activities. An adventure sports insurance cover will pay for medical expenses, medical evacuation if necessary and possibly accidental death or dismemberment. Additionally, it may also cover the cost of medical transfers to a facility better equipped to treat a specific injury than the hospital where the policyholder is initially sent. And in case the policyholder dies as a result of participation in a covered sports activity, repatriation of remains will also be covered.

However, if you opt for a regular travel insurance policy that does not cover adventure sports activities, none of the costs incurred from indulging in such activities will be covered. Hence, before choosing a policy make sure to check whether adventure sports are mentioned in the policy exclusions. Certain insurance policies also cover rental equipment for adventure sports in case of loss or theft of the same. The coverage offered by different insurers vary widely, so make sure to read the policy carefully before choosing. This is because certain adventure activities may not be covered, so take the time and effort to find a policy that covers the relevant adventure activities.

At Finserv MARKETS, we offer adventure sports insurance coverage in the form of a travel insurance add-on/sachet known as Avid Adventurer. For a little extra cost, you can secure coverage against a wide range of adventure activities and sports with the Avid Adventurer. You can pair this insurance sachet with our Bajaj Allianz travel insurance policy to enjoy robust coverage against travel risks wherever you go. So, before you head out to enjoy thrilling activities, make sure to buy the Avid Adventurer add-on cover online and get your adrenaline flowing worry-free!

Also know about the benefits of travel insurance which you will get after applying for this sachet.

Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment, and exclusive EMI store, all under one roof- anytime, anywhere!

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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522