2022 is set to be a huge summer of sports, with awe inspiring events such as the Women's Euro’s, Wimbledon, the Commonwealth Games and the Tour de France taking place, it’s hard not to be inspired! 

Whether you're already a keen weekend hobbyist, or if you’ve been inspired to get your running shoes on and jog around the park for the first time in a while; it might be worth having a look at your life insurance plan to see what kind of added benefits are included - you might be pleasantly surprised!

Before we get stuck into some of these benefits, it’s important to be aware that what is available can vary from provider to provider, and product to product. In this article we wanted to highlight some of the great added policy benefits which are out there. 

As always, if you want to know more about the benefits we discuss and more, call the Cavendish Online advice team on:

01392 436 193 (9am - 5:30pm, Monday to Friday) 

What kind of things can be added onto life insurance, critical illness and income protection policies? 

There are a whole host of benefits which are often included in life insurance, critical illness and income protection policies for no additional cost*, such as: 

  • Virtual GP services 

  • Wellbeing support and helplines​

  • Rehabilitation support services

*As always, benefits can vary from provider to provider and depending on the product. We always recommend reading through your policy documents carefully and contacting your insurer directly for clarification of what your policy includes. 

Products & Services from the leading financial brands

  • Zurich
  • Legal And General
  • Aviva
  • AIG
  • Beagle Street
  • LVE
  • Royal London
  • Vitality Life
  • Virgin Money
  • Budget Insurance
  • Scottish Widows

Amazing benefits, addable for a small additional cost: 

There are some other optional benefits that can be included on certain life insurance, critical illness and income protection policies for a small additional premium.  These types of services may come in handy for weekend warriors first time toe-dippers alike (though we want to highlight that they are generally not available to professional sportspeople)! 

Fracture cover

Fracture cover pretty much says what it does on the tin! This plan would give you a small payout to help you get back on your feet if you suffer from a fracture or sprain.  Though the types of fractures/sprains covered and level of payout does vary from provider to provider - types of fractures/sprains covered include things like your arms, legs, ribs, skull or ankle, with payouts of up to £6,000 (subject to the provider).

Fracture/sprain cover can be added onto most policies for a small premium (usually around £3 - £6pcm depending on the provider) - but it must be included at inception. If this is something you would like to look into, it would be best to speak to an insurance adviser.

It’s important to know that many providers will typically exclude things from being covered under a fracture cover add on, such as fractures/sprains sustained doing things including, but not limited to:

  •     Mountain biking/BMX

  •     Boxing and martial arts

  •     Motor sport/motor racing

  •     Horse riding

  •     Professional sports

However, if you take part in any of the above, we are still likely to be able to help. Our team of friendly and professional advisers may be able to find you cover in the form of life insurance, critical illness cover or income protection - so if in doubt, why not get in touch with the team today!

Need to speak to an expert insurance adviser?

Global Treatment

If your new hobby is taking you all across the world, then it may be worth considering Global Treatment. Global Treatment can be added to any AVIVA  life insurance plan, a critical illness plan or an income protection plan for a small additional cost (usually around £3 - £6pcm).

This added benefit would help ensure that you are covered abroad should you become ill or injured. Typical things included in this type of plan would be hospital admission, travel and accommodation. Though please be aware that it is not intended as a replacement for travel insurance and we cannot provide any advice or recommendations regarding this. 

Global Treatment also offers the option to have medical treatment overseas that you couldn’t have in the UK (i.e. if a particular specialist treatment isn’t available in the UK, Global Treatment could help you seek treatment abroad).

To find out more, please speak to one of our advisers today, call:

01392 436 193

Policies which reward healthy lifestyles

There are policies out there which reward healthy lifestyles with things such as money off gym memberships, running shoes, fitness trackers and even discounted premiums! 

There are several different options out there, so if this sounds like something you would be keen to know more about then please call our team of advisers on 01392 436 193 and they can help you secure the best policy for your needs.

Waiver of Premium

Waiver of Premium is a handy additional benefit that can be added on to life insurance policies and critical illness policies for a small assisional cost (typically 20p to 50p a month - though this can vary). 

TIP - Waiver of premium is not automatically included in life insurance quotes that are generated through our online application service. If you are looking for Waiver of Premium please contact us for assistance. 

What is Waiver of Premium?

It is an additional insurance for the premium itself and usually means that the policy will be paid for by the insurance company if you are off sick and unable to work, typically for a period of more than 6 months.

Waiver of Premium would help ensure the policy does not lapse due to non-payment of premiums in the event of you being unable to work due to illness or injury for an extended period of time.

Products & Services from the leading financial brands

  • Zurich
  • Legal And General
  • Aviva
  • AIG
  • Beagle Street
  • LVE
  • Royal London
  • Vitality Life
  • Virgin Money
  • Budget Insurance
  • Scottish Widows

Is there a policy that could support me if I am unable to work due to illness or injury? 

Income protection

Yes - there are policies out there which are designed to support you if you are unable to work due to illness or injury.  Such a policy is called ‘Income protection’. This is a type of insurance policy that aims to provide a financial safety net  in the event  you are off work due to sickness or injury for an extended period of time. 

It is important to note that income protection policies aim to pay out up to a set percentage of your gross annual income (typically up to 60% of your usual salary) until your policy term/pay-out term ends, or when you return to work or die – whichever is earliest.

Income protection is an often overlooked policy. However, in our opinion it is worth considering for most customers of working age, whether you have taken up a new hobby this summer or not!

If you would like to find out more about income protection and to get a quote then please call our team of expert insurance advisers, as they can help ensure you get the correct  cover for your needs.

Speak to an Income Protection expert...

Want to know more about what we have talked about in this article?

If you are interested in any of the options above, it is best to speak to an insurance adviser to obtain the full details and cost of the plan. An adviser will research the whole market for you, then provide options and professional advice suitable to your personal situation. 

There is no upfront cost to speak to one of our advisers and receive advice, but we would be paid commission if you decide to go ahead with a plan - a percentage of this commission is sacrificed to bring costs down for you.

Speak to the experts...

Give our advisers a call today.

Our team of friendly and professional advisers are on hand to help with any questions you may have regarding Life Insurance.

The advisers can also make recommendations tailored to your current situation and will research the market on your behalf, ensuring you secure the cover you need and supporting you every step of the way. 

01392 43 61 93(Monday to Friday, 9am - 5.30pm)

Request a callback

Apply with advice

What our customers say

Does life insurance cover heart attack?

Prev article

5 common mistakes people make when buying life cover

Next article