Little Yoshi Posted January 18, 2013 Report Share Posted January 18, 2013 Was wondering if anyone had some? Was thinking about looking around for it cos if I break a leg while riding I will be off work for a few weeks with little pay. Quote Link to comment Share on other sites More sharing options...
N.Wood Posted January 18, 2013 Report Share Posted January 18, 2013 I looked in to it, for me anyway its not worth it... I don't have any dependants and could keep myself afloat for a while without an income. You'd be better off not bothering and if you did break a leg and you have no savings get a loan... The money you could end up spending for no reason (as with all insurance) is huge. If you have kids and a wife who depends on your income then it might be worth it. What outgoings do you have? How long could you stay out of the red if you didnlt get another paycheck? Quote Link to comment Share on other sites More sharing options...
shercofray Posted January 18, 2013 Report Share Posted January 18, 2013 You'd be better off not bothering and if you did break a leg and you have no savings get a loan... The money you could end up spending for no reason (as with all insurance) is huge. I think the money for insurance will be a damn sight cheaper than any loan interest!! Quote Link to comment Share on other sites More sharing options...
Little Yoshi Posted January 18, 2013 Author Report Share Posted January 18, 2013 I have daughter and child benefits to pay. I think i could last about two weeks before it was gone. That's why I'm looking into this. Where did you look about for it? Quote Link to comment Share on other sites More sharing options...
N.Wood Posted January 18, 2013 Report Share Posted January 18, 2013 Also check that riding is actually covered! I looked at a few of the normal insurers but didnt get too far before realising it wasn't worth it for me. I think the money for insurance will be a damn sight cheaper than any loan interest!! Totally depends... If you have a brain trauma and become a vegetable, then yeah. If he breaks his leg, then no probably not. Quote Link to comment Share on other sites More sharing options...
shercofray Posted January 18, 2013 Report Share Posted January 18, 2013 Totally depends... If you have a brain trauma and become a vegetable, then yeah. If he breaks his leg, then no probably not. Completely depends on an individuals circumstances. E.g. if X requires 4k to live per month then yes insurance will be cheaper. If Y requires £500 to live then yes a loan will be cheaper. END. Quote Link to comment Share on other sites More sharing options...
N.Wood Posted January 18, 2013 Report Share Posted January 18, 2013 I think the money for insurance will be a damn sight cheaper than any loan interest!! Completely depends on an individuals circumstances. E.g. if X requires 4k to live per month then yes insurance will be cheaper. If Y requires £500 to live then yes a loan will be cheaper. END. You're sort of arguing with yourself here! Anyway as you seem to be the fountain of insurance knowledge then feel free to share your real world experience Quote Link to comment Share on other sites More sharing options...
shercofray Posted January 18, 2013 Report Share Posted January 18, 2013 You're sort of arguing with yourself here! Anyway as you seem to be the fountain of insurance knowledge then feel free to share your real world experience I guess - i'm tired and it's late haha. And no this is just pretty common financial knowledge - unfortunately i have no knowledge of health insurance policies. Quote Link to comment Share on other sites More sharing options...
BradJohnson Posted January 18, 2013 Report Share Posted January 18, 2013 I've never actually thought of this, it could be worth looking into. Quote Link to comment Share on other sites More sharing options...
DrDoom Posted January 19, 2013 Report Share Posted January 19, 2013 As said above, not many policies cover 'extreme' sports - riding may not be covered. Quote Link to comment Share on other sites More sharing options...
dave33 Posted January 19, 2013 Report Share Posted January 19, 2013 Do you really have to tell them you were going for a 50ft drop gap when you broke your leg ? Couldn't you just say you were 'cycling' ? 1 Quote Link to comment Share on other sites More sharing options...
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