GUIDE TO UNDERWRITING HAZARDOUS ACTIVITIES.

Transcription

1 LEGAL & GENERAL UNDERWRITING GUIDE TO UNDERWRITING HAZARDOUS ACTIVITIES. This guide explains our general underwriting philosophy on some of the most common hazardous activities. This is not a consumer advertisement. It is intended for professional financial advisers and should not be relied upon by private customers or any other persons.

2 LEGAL & GENERAL UNDERWRITING 2 CONTENTS Aviation Related Sports 3 Climbing, Mountaineering, Hiking and Trekking 5 Gliding (unpowered and self-sustaining) 7 Motor Car Sport 8 Motor Cycle Sport 11 Private or Club Flying (fixed wing aircraft) 14 Private or Club Flyer (helicopter) 15

3 LEGAL & GENERAL UNDERWRITING 3 AVIATION RELATED SPORTS. TYPE OF SPORT LIFE CRITICAL BALLOONING TETHERED: Deferred period of 4 weeks:. BALLOONING FREE FLIGHT: 50 flying hours per annum (p.a.) or less 0.13* Over 50 hours p.a. Record Attempts Hang gliding, powered hang - gliding, and paragliding. Non competitive. Not an instructor. No public displays, record attempts or testing. For self launching gliders, please see the Private or club flying fixed wing aircraft section of this guide (see page 14). MEMBER OF REPUTABLE ASSOCIATION: 50 flights or less p.a flights p.a flights p.a. >200 flights p.a. Otherwise 0.13* 0.26* 0.39* This information may change in the future. continues

4 LEGAL & GENERAL UNDERWRITING 4 AVIATION RELATED SPORTS. continued TYPE OF SPORT LIFE CRITICAL PARACHUTING INCLUDING ALL FORMS OF SKYDIVING BUT EXCLUDING BASE JUMPING One-off Jumpers MEMBER OF NATIONAL ASSOCIATION: 50 or less jumps p.a jumps p.a jumps More than 200 jumps Non member or instructor Public displays 0.13* 0.26* 0.39* 0.26* 0.65* PARASAILING/PARASCENDING: 75 flights or less p.a. Deferred period of 4 weeks:. Over 75 flights p.a. Please note IC ( ) means that the case will need to be referred to an Underwriter for assessment. *Rating is given per 1,000 amount of cover per month

5 LEGAL & GENERAL UNDERWRITING 5 CLIMBING, MOUNTAINEERING, HIKING AND TREKKING. TYPE OF SPORT LIFE CRITICAL Hiking Trekking, Hill Climbing, Tramping, Abseiling: always below an altitude of 5,000 metres Trekking, Hill Climbing, Tramping, Abseiling: otherwise Artificial Climbing Wall, Adventure or Climbing Park 0.26* CAVING AND POTHOLING: Diving NO DIVING EXPERIENCED CAVER OR ACCOMPANIED BY EXPERIENCED CAVER: <12 times p.a times p.a. Otherwise 0.13* * *Rating is given per 1,000 amount of cover per month continues

6 LEGAL & GENERAL UNDERWRITING 6 CLIMBING, MOUNTAINEERING, HIKING AND TREKKING. continued TYPE OF SPORT LIFE CRITICAL MOUNTAINEERING AND ROCK CLIMBING: : Climbing below 4000m and also below UK classification very severe or technical grade 4b, or using bolts only for Specified Work Tasks (SWT) only, otherwise exclude Otherwise Please note IC ( ) means that the case will need to be referred to an Underwriter for assessment. This information may change in the future.

7 LEGAL & GENERAL UNDERWRITING 7 GLIDING (UNPOWERED AND SELF-SUSTAINING). The information given includes flying within the British Isles and Western Europe. It does not include: Flying instructors Record attempts Stunt flying Test flying Self launching gliders (if relevant please refer to Private or Club Flying leaflet, Q27117) Hang gliding or paragliding (please see Aviation Related Sports leaflet, Q27108) HOURS (P.A.) LIFE CRITICAL Up to and including Over 200 Deferred period of (OR) 4 or 13 weeks: Deferred Period of 26 weeks or more: 0.13* 0.26* 0.39* 0.52* *Rating is given per 1,000 amount of cover per month Please note means that the case will need to be referred to an Underwriter for assessment. This information may change in the future.

8 LEGAL & GENERAL UNDERWRITING 8 MOTOR CAR SPORT. TYPE OF SPORT LIFE CRITICAL SINGLE SEATER: IndyCar series Formula 1 Formula 2 or 3, GP2 or 3, FIA Masters Historic Formula 1 (significant rating) 0.65* 0.26* Other single make Formula (e.g. Ford, Renault), Formula Monoposto and other historic events: TPD own: 0.26* Single seater hill climbs, speed trials, sprints continues Please note IC ( ) means that the case will need to be referred to an Underwriter for assessment. *Rating is given per 1,000 amount of cover per month This information may change in the future.

9 LEGAL & GENERAL UNDERWRITING 9 MOTOR CAR SPORT. continued TYPE OF SPORT LIFE CRITICAL RALLYING: WRC, Super 1600, Super * National: TPD own: 0.26* Special events (e.g. Dakar) 0.26* Navigational rally, economic rally, historic rally, navigational scatter, economy run and treasure hunts TOURING CARS, SPORTS AND SALOON: ASCAR/NASCAR 0.65* MODIFIED PRODUCTION (GROUP A) OR SPORTS FORMULAE (NON-CLASSIC): TPD own: 0.26* PRODUCTION OR SALOON (GROUP N), CLUBMAN SERIES, CLASSIC CAR SERIES: DRAG RACING: Top fuel, jet cars, funny cars: 0.26* 0.26* Others (including hot rods, pro - modified, pro - stock, street altered) TPD own: continues

10 LEGAL & GENERAL UNDERWRITING 10 MOTOR CAR SPORT. continued TYPE OF SPORT LIFE CRITICAL KARTING: Superkarts and International events 0.26* National events (>100cc): Otherwise (100cc or less) ALL OTHER TYPES OF MOTOR SPORT: Banger racing, Stock cars Marshals Autocross, Autograss, Autotests, Cross country (Off road), Economy runs, Grass track, Hill climbs, Hovercrafts, Lawn mowers, Sand racing, Slaloms, Speed trials, Sprints, Sporting trials, Team recovery, Trials, Track days

11 LEGAL & GENERAL UNDERWRITING 11 MOTOR CYCLE SPORT. TYPE OF SPORT LIFE CRITICAL Marshalling Track Days only On road legal bike Otherwise Up to and including 12 events p.a. More than 12 events p.a. 0.26* CIRCUIT RACING INCLUDES CLOSED, RESTRICTED AND NATIONAL EVENTS: to 0.65* DRAG RACING: Top fuel, funny bikes 0.26* Otherwise to 0.26* ENDURO AND GRASS TRACK RACING: to 0.26* Deferred period of 4 or 13 weeks: Deferred period of 26 weeks or more: to 0.26* continues Please note IC ( ) means that the case will need to be referred to an Underwriter for assessment. This information may change in the future.

12 LEGAL & GENERAL UNDERWRITING 12 MOTOR CYCLE SPORT. continued TYPE OF SPORT LIFE CRITICAL HILL CLIMBS: TPD Own: Deferred period of 4 or 13 weeks: Deferred period of 26 weeks or more: ICE RACING: TPD Own: MOTO - CROSS (SCRAMBLING), QUAD BIKING, TRAILS RIDING, TRIALS, VETERAN, VINTAGE, SCOOTER AND MOPED RACING: TPD Own: Deferred period of 4 or 13 weeks: Deferred period of 26 weeks or more: RECORD ATTEMPTS: continues

13 LEGAL & GENERAL UNDERWRITING 13 MOTOR CYCLE SPORT. continued TYPE OF SPORT LIFE CRITICAL SAND RACING: TPD Own: SPEEDWAY: to 0.13* to 0.13* SPRINT EVENTS: to 0.39* to 0.39* STUNT RIDING: *Rating given is per 1,000 amount of cover per month

14 LEGAL & GENERAL UNDERWRITING 14 PRIVATE OR CLUB FLYING (FIXED WING AIRCRAFT). THIS INCLUDES: Pilots holding a National Private Pilot s Licence or Private Pilot s Licence, using club or privately owned single engine, fixed wing aircraft Flying within British Isles or Western Europe It does not include: Flying instructors Business flights Record attempts Aerobatics Testing Air racing Pilots over the age of 65 LIFE CRITICAL TOTAL SOLO FLYING HOURS EXPERIENCE UP TO AND INCLUDING 250 HOURS Total of all flying hours p.a. Up to and including 100 Between 101 and 200 Over * 0.26* 0.39* TOTAL SOLO FLYING HOURS EXPERIENCE 251 HOURS OR MORE Up to and including 100 Between 101 and 200 Over * 0.26* *Rating is given per 1,000 amount of cover per month This information may change in the future.

15 LEGAL & GENERAL UNDERWRITING 15 PRIVATE OR CLUB FLYING (HELICOPTER). THIS INCLUDES: Pilots holding a Private Pilot s Licence PPL(H), using a club or privately owned helicopter Flying within British Isles or Western Europe It does not include: Flying instructors Business flights Record attempts Testing Air racing LIFE CRITICAL TOTAL SOLO FLYING HOURS EXPERIENCE UP TO AND INCLUDING 250 HOURS Total of all flying hours p.a. Up to and including 100 Between 101 and 200 Over * 0.39* 0.52* TOTAL SOLO FLYING HOURS EXPERIENCE 251 HOURS OR MORE Up to and including 100 Between 101 and 200 Over * 0.26* 0.39* *Rating is given per 1,000 amount of cover per month This information may change in the future.

16 CONTACT US Call the Medical Underwriting Technical Advice Line (MUTAL) for help and advice on your point of sale underwriting queries Lines open Monday to Wednesday 9.00am to 6.00pm Thursday 9.30am to 6.00pm Friday 9.00am to 6.00pm Call charges will vary. We may record and monitor calls. For more information and support on underwriting please visit our website: Legal & General Assurance Society Limited Registered in England and Wales No Registered office: One Coleman Street, London EC2R 5AA We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Q /17