Sports Accident Plan
In association with OCRDA, BPBA & Water-Ski Racing S.W.
Few activities give the buzz of powerboating– the speed, the rivalry, the fine margins between success and failure. It’s probably why you take part and put your body on the line. You live for it, you crave it.
But with every adrenalin fuelled moment, brings the risk of accidents and injury.
And when disaster strikes, it can end up hitting your finances hard.
Perhaps you won’t be able to work as a result of your injury. This will have to come out of your pocket and when your favourite hobby starts costing you like this, it’s not so much fun.
Our Powerboat Accident Plan is a simple plan that pays you a cash lump sum if you suffer a specified fracture or serious injury while taking part in water sports.
You can use the cash benefits to:
Replace your income if you can’t work
Pay your everyday bills
Help you get around
Replace or repair damaged equipment
All the benefits from the Sports Accident Plan
|SCHEDULE OF BENEFITS||BRONZE||SILVER||GOLD|
|OUT OF WORK BENEFIT||£200 per week||£250 per week||£350 per week|
|This is payable for every full week that you’re unable to work following a sports accident. You’ll receive this benefit until you can return to work, up to a maximum of 26 weeks. No benefit is payable for the first 2 weeks of disablement.|
|HOSPITALISATION BENEFIT||-||£250 per week||£350 per week|
|This is payable for every full week you’re hospitalised following a sports accident. You’ll receive this benefit until you leave hospital, up to a maximum of 104 weeks. No benefit is payable for the first 2 weeks of hospitalisation.|
|COMA BENEFIT||-||£250 per week||£350 per week|
|This is payable for every full week you’re in a coma following a sports accident. You’ll receive this benefit until you regain consciousness, up to a maximum of 26 weeks.|
|SERIOUS INJURY BENEFITS||BRONZE||SILVER||GOLD|
|LOSS OF LIMB||-||£25,000||£35,000|
|LOSS OF SIGHT IN ONE OR BOTH EYES||-||£25,000||£35,000|
|PERMANENT TOTAL DISABILITY||-||£25,000||£35,000|
|ANTERIOR CRUCIATE LIGAMENT INJURY||-||£400||£400|
|ACHILLES TENDON RUPTURE||-||£400||£400|
|LOWER LEG, KNEECAP, ANKLE, ARM, WRIST, SKULL||-||£250||£250|
|HAND*, FOOT*, SHOULDER BLADE, BREASTBONE, COLLAR BONE||-||£100||£100|
|A fracture means a breach in the continuity of the bone caused by an accident which is identified by an x-ray or in the case of a fracture which is unable to be x-rayed, by confirmation from a doctor. *Excluding fingers and toes.|
Who is eligible to join?
To take out a Sports Accident Plan you must be:
- Between the ages of 17 and 60 inclusive
- Resident in the UK, Isle of Man or Channel
- You must have a non-sporting occupation where you work at least 16 hours per week
What's not included?
These are some of the key exclusions
Where the accident does not result from participation in sports
Fracture benefits during the first 7 days of the plan
All combat sports and winter sports races
Selected extreme sports
Mountaineering and rock climbing
Please refer to the Policy Document for a full list of exclusions.
How do I make a claim?
Call the claims team on 020 8667 2467.
The plan in action
John is an experienced powerboat racer and competes every month. Because of the risks associated with the sport and the fact that he has two dependent children, John decides to take out the Gold level of cover at a cost of £50 a month.
The following month, John is racing in a regional race meeting when he is thrown out of his boat. He fractures his leg and puts a dent in his hull.
John is taken to hospital where he stays for four weeks. Because of the seriousness of the fracture and amount of treatment he needs, he needs five weeks off work.
As he’s covered, John receives a total of £2,250 from his Sports Accident Plan. This is calculated as follows:
• Fracture to upper leg = £500
• Two weeks in hospital = £700 (benefits not payable for first 2 weeks)
• Five weeks out of work = £1,050 (benefits not payable for first 2 weeks)
John uses his payout to cover household bills and living expenses while he’s unable to work. Plus, he has money left over which he uses towards boat repairs getting it ready to race with again.
› Between the ages of 17 and 60 inclusive
› Resident in the UK, Isle of Man or Channel Islands
› Employed and working for a minimum of 16 hours per week, or self-employed