High-Risk Hobbies That Can Affect Life Insurance Costs

There are a number of factors that go into determining life insurance rates, even your weekend hobbies. Unfortunately, some of the hobbies meant to add excitement to your life can also add to the amount you pay for life insurance. 

It’s important to understand why life insurance companies think the way they do. And while there are no set-in-stone rules for what you would pay for life insurance if you participate in high-risk hobbies, you can learn more about how more dangerous pastimes can impact your life insurance rates. 

Types of Activities That Can Impact Life Insurance Rates

Each life insurance company has its own rules and process for establishing risk factors, but below are a few examples of high-risk hobbies that could have an impact on your life insurance rates: 

  • Rock climbing
  • Surfing
  • Scuba diving
  • Mixed martial arts
  • Skydiving
  • Adventure travel

Why do I have to pay more in life insurance because of my hobbies?

When you participate in extreme sports or high-risk hobbies, life insurance companies consider you to be a bigger risk to insure. If there’s a greater chance you’ll die of unnatural causes—whether it’s a risky-health condition or hobby—the higher your life insurance premiums will be. 

Why You Should Still Buy a Life Insurance Policy

Regardless of the activities you enjoy, you still need life insurance. Having a hobby that could put you in danger is all the more reason to have a plan. It’s a great way to make sure your loved ones are financially secure should something happen to you. 

Let SelectQuote Help You Shop for Life Insurance

Life insurance companies don’t assess risk the same. One life insurance company can be more lenient for some hobbies and strict on others. At SelectQuote, we can compare life insurance rates for you from some of the most trusted life insurance carriers in just minutes.

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