While it isn’t just people who are going on extreme spots holidays that should consider taking out holiday insurance, in fact, it is a really good idea to make sure you have ample cover before travelling at all, people going on extreme holidays need to take extra time to consider their policies! The added risk of partaking in extreme sports often means a significantly higher premium. Someone who has a serious skiing injury such as a broken back could need hundreds of thousands of pounds worth of treatment and this will ultimately land with the insurance company. While insurance companies might seem enigmatic to many the reality is that they are ultimately a business with shareholders and need to make a profit each year.
It is a well known fact that adding an extreme sport element onto your policy will cost you more but common sense tells you that the risks when you partake in these kinds of activity greatly increase.
One option to consider if you are a regular traveler would be an annual policy, work out how many trips you expect to make in a year and then review the cost of insuring yourself per trip, after you have done this compare the total likely cost to the price of some annual cover.
If you plan to go on a single extreme holiday and then several beach holidays taking out an extreme sports annual cover policy might work out less and you should consider all the options, would you be better off covering yourself on a per holiday bases, an annual extreme sports option or even taking out separate cover for just your holiday on which you plan to partake in extreme sports.
If you look round online it is quite easy to pick up some cheap annual travel insurance so it is just a case of weighing up your needs and deciding which option is right for you.