Life insurance would cover scuba diving if:
1) You disclosed you are a scuba diver when you took out the life policy
2) or when you took out the life policy you were not a diver but later in life took up diving. And I'm not talking a week later.
If you are a diver and do not disclose this information then this would be seen as misrepresentation and a claim can and most likely will be denied.
Does life insurance cover scuba diving? Depending on your level of experience and dive depths several companies will offer you life insurance with no extra costs. Others may charge an extra cost per thousand based on their perception of your risk. Others may decline to cover, no matter what experience level.
This is one of those situations where it is best to work with an independent who can offer several company choices to give you your best chances.
Life is dangerous. Some activities such as scuba diving have proven a little more hazardous than average. Actuaries pour over the record of deaths and they have evaluated the level of risk. Not all life insurance companies look at the risk of Scuba diving in the same way. If you already have an existing policy that coverage cannot be taken away.
Life insurance usually covers scuba diving, but you must fill out the application correctly to ensure that it will pay, if needed. If the application asks whether you scuba dive, you must answer honestly, and scuba divers generally will need to fill out a questionnaire providing details about how deep they dive, whether they dive alone or in groups, where they dive, and how often they dive (among other things). Then the underwriter will determine whether the policy can cover scuba diving at the regular rate, whether he/she needs to tack on a flat extra, or whether he/she will need to exclude scuba diving from the policy. Some companies rate scuba divers better than others, so it helps to use an agency that can shop among many companies to find your best life insurance rate as a scuba diver.
.JPG){kind=avatar}
1) You disclosed you are a scuba diver when you took out the life policy
2) or when you took out the life policy you were not a diver but later in life took up diving. And I'm not talking a week later.
If you are a diver and do not disclose this information then this would be seen as misrepresentation and a claim can and most likely will be denied.
This is one of those situations where it is best to work with an independent who can offer several company choices to give you your best chances.