Insurance for Adventure Sports

Insurance for Adventure Sports in India: Quick Guide

Whether you want to paraglide in Ladakh or go river rafting in Rishikesh, adventure sports will always give you chills down your spine. However, with such an unmatched experience, your life is at high risk. Such extreme sports would give an adrenaline rush that would probably eliminate the fear of experiencing a downfall. But, as the experts’ advice, ‘Precaution is Better than Cure.’ You can financially protect yourselves against the injuries/disabilities that might occur during adventure sports with an adventure sports insurance.

Why is Adventure Insurance Policy Required?

Adventure sports travel insurance is a neophyte in the insurance sector. Leading Non-Banking Financial Companies (NBFCs) like Bajaj Finserv offers this unique set of insurance cover to provide you with financial protection against the dangers of adventure sports. While you would have other life covers, those policies would never cover the expenses incurred due to adventure sports or other strenuous activities.

Due to this reason, specialized pocket insurance policies from Bajaj Finserv are at your rescue. You can avail this cover with a low premium and high coverage and quick application procedure. All you ought to do is to fill up a quick application form and make the online premium payment without a hassle.

Features and Benefits of Adventure Sports Insurance from Bajaj Finserv

High Sum Value

With an adventure sports travel insurance, you can get coverage up to Rs 1 lakh for the treatments incurred due to the injuries caused by any adventure sport.

Low Premium Payment

You can avail this coverage at a low cost of as low as Rs 619 per annum.

Comprehensive Coverage

Under this cover, you can get covered for many adventure sports like sky sports, mountain sports, water sports, and racing sports.

Accidental Hospitalization Expenses

The expenses incurred due to accidental hospitalization are covered under the adventure sports insurance. You can receive funds up to Rs 2 lakh for such expenses.

Permanent Disability

If the sportsperson is permanently injured while performing the adventure sports, coverage of up to Rs 1 lakh is provided for the same.

Death Benefits

In the incident of the unforeseen demise of the sportsperson, the elected nominee receive death benefits of up to Rs 1 lakh with this insurance cover.

What is excluded from the Policy Coverage?

  • Self-inflicted accidents are not covered under this policy.
  • Accidents that incur under the influence of drugs or other intoxicants are not covered under the adventure insurance policy.
  • Any injuries from accidents other than adventure sports are not covered under the policy.
  • People who are younger than 18 years and elder than 70 years attempting adventure sports and getting injured would not get compensated.

What is the Procedure to Apply for Adventure Sports Travel Insurance?

Bajaj Finserv, rated as FAAA from CRISIL and MAAA from ICRA is acknowledged for the quick application and claim settlement procedure. Within two steps your policy will be issued. All you do is fill up a quick application form, make online premium payment, sit back and relax. The policy documents will be sent to you via the contact details provided by you. You need to save the policy details for your reference to make claims in the future.

How to Claim under the Adventure Sports Insurance Cover?

You can easily claim for your money from Bajaj Finserv by lodging a claim request via the email ID, [email protected], or directly call the toll-free number, 1800-209-1021.

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