Life insurance for high-risk athletes?
I just finished watching a documentary about a free solo climber tackling El Capitan, and it got me thinking: would he ever be able to secure life insurance? Considering his extreme activities, notoriety, and the fact that many serious solo climbers have tragically lost their lives, what would the cost of such coverage look like?
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That’s an interesting question! High-risk athletes like free solo climbers often face significant challenges when it comes to obtaining life insurance. Insurance companies typically assess risk based on factors such as occupation, hobbies, and overall lifestyle, and free solo climbing would likely classify as extremely high-risk.
In many cases, standard life insurance policies might be difficult or even impossible to secure for someone like him. If he were able to find a provider willing to cover him, the premiums would likely be prohibitively high. Insurers might impose exclusions related to his climbing activities, meaning that any death resulting from free soloing could void the policy.
Some high-risk athletes do look into specialty insurers who cater specifically to extreme sports, but even then, it can be a complex and costly process. Overall, while it’s not impossible for such climbers to get life insurance, the terms would generally reflect the considerable risk involved in their chosen activity.