Zurich Life Risk Activity guidelines

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Marsha Goodman
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1 I Issued 15 May 2017 Zurich Life Risk Activity guidelines Page 1 of 11

2 Activity guidelines It is important to consider whether a particular sport or pastime would normally incur an additional premium loading or exclusion for a particular type of insurance cover. Where a person participates in an activity on a professional basis, Underwriting will consider this as part of the Occupation Assessment. Please refer to our occupation guidelines or call Underwriting to discuss. If the particular activity is not listed in the following Activity guidelines table, full details should be supplied in our Life Insured s Statement. Premium loadings for Death cover and Trauma cover are expressed as an extra premium for every $1,000 sum insured (per mille). Note: for Death cover and Trauma cover, where a per mille loading is indicated, an exclusion may be possible. Please discuss the option with Underwriting. xample: Travelling on a commercial airline is considered acceptable for clients. However, private flying for 400 hours per year would constitute a premium loading or exclusion due to the increased level of risk. Logically it is unfair to increase premium rates for all people applying for the same insurance simply because a small proportion participates in activities that are considered high risk. Information must be provided for each activity and it is necessary that a full and precise description be given. Page 2 of 11

3 Football guidelines Rugby Union / Rugby League / Australian Rules / Soccer/American Football (excluding professional football players) Occupation Waiting period Income Protection/ Business expenses TPD/Premium waiver option Professional/ white collar Blue collar/ manual 30 days, or greater +0% loading +0% loading less than 30 days +25% loading or exclude football on a lesser waiting period +0% loading 90 days, or greater +0% loading +0% loading less than 90 days +25% loading or exclude football on a lesser waiting period +0% loading Note: the Day 4 accident option is not available and if selected at application, a variation will be issued to remove the option from the policy completely. Key for sports / pastimes D / T TPD IP H Death /Trauma Total and Permanent Disablement Income protection Health events Classifications of sports / pastimes U Standard Uninsurable risk xcluded to Underwriter In all cases requires individual consideration based on the information provided. The Underwriter can advise the details which are taken into consideration. Page 3 of 11

4 Activity D/T* TPD IP H Abseiling <6 descents pa Abseiling <6 descents pa Aviation agricultural aerobatics ballooning recreational only ballooning pilot charter flying fixed wing up to 250 hours pa charter flying fixed wing hours pa charter flying fixed wing 500+ hours pa charter flying helicopter up to 250 hours pa charter flying helicopter hours pa charter flying helicopter 500+ hours pa gliding up to 50 launches pa gliding 50+ launches pa gyroplane hang-gliding microlight parachuting one time jumpers parachuting up to 50 jumps pa parachuting 50+ jumps pa parachuting Instructor skydiving/skysurfing up to 50 jumps pa skydiving/skysurfing 50+ jumps pa skydiving/skysurfing Instructor freeflying/wingsuit flying up to 50 jumps pa freeflying/wingsuit flying 50+ jumps pa freeflying/wingsuit flying Instructor paragliding parasailing paraskiing Page 4 of 11

5 Activity D/T* TPD IP H private pilot fixed wing student private pilot fixed wing up to 100 hours pa private pilot fixed wing hours pa private pilot fixed wing 300+ hours pa private pilot helicopter student private pilot helicopter up to 80 hours pa private pilot helicopter hours pa private pilot helicopter 200+ hours pa ultralight base jumping Badminton Baseball Basketball Board diving Bowls Boxing gym, boxercise only, non-contact amateur and recreational professional Bungee jumping Canoeing Canyoning Caving/Potholing not underwater underwater (RFR To underwater diving guidelinines on page 10) Coach recreational only Cricket Cycling Road, Mountain Bike, BMX, Track/Velodrome amateur only Page 5 of 11

6 Activity D/T* TPD IP H Darts Fencing Fishing Football to page 3 Freerunning amateur <3m amateur >3m exhibition/professional stunt work Golf Gymnastics Hockey field ice Horse riding rodeo dressage campdrafting gymkhana polo show jumping social (no competitions) Hunting/Shooting Hurling Ice skating Jetskiing Kayaking Kite Surfing Lacrosse Luge Martial Arts non-contact contact Page 6 of 11

7 Activity D/T* TPD IP H Motor sport circuit racing professional Formula 1 amateur single seater, sports, saloon cars international amateur single seater, Formula Ford/3/Vee Australia amateur Supercars/Dunlop series Australia professional Supercars/Dunlop series Australia amateur Porsche/Carrera cup cm3 Australia amateur Porsche/Carrera cup >2000cm3 Australia professional Porsche/Carrera cup amateur GT/saloon car/sports sedan/v8 ute/aussie racing car amateur touring car (pre 1976 cars) Motor car classic/vintage/historic Motor car demolition derby Motor car drag racing professional modified production, stock, roadsters, hot rod amateur modified production, stock, roadsters, hot rod top fuel, jet cars $3 $3 Motor car hill climbing Motor car karting indoor short circuit long circuit Motor car rally amateur rally, not competing amateur offroad/vintage car/charity events competition/racing $1 $6 Motor car record attempts Motor car speedway Motor car stock car racing $3 Motor car super midget Motor cycle sport aerobatics Page 7 of 11

8 Activity D/T* TPD IP H Motor cycle sport circuit racing amateur international amateur national <125cc, <15 events pa amateur national <125cc, >15 events pa amateur - national, >125cc, <15 events pa amateur - national, >125cc, >15 events pa professional - world championship, grand prix, <125cc professional - world championship, grand prix, >125cc $6 $7 $10 Motor cycle sport cross country Motor cycle sport - Dirt / Grass track racing Motor cycle sport dragster professional international amateur national top fuel, funny bike $3 Motor cycle sport enduro professional international amateur <125cc professional >125cc Motor cycle Sport - hill climbs Motor cycle sport marshalls Motor cycle sport motorcross professional international amateur <125cc amateur >125cc $3 Motor cycle sport quad biking amateur or recreational Motor cycle Sport - rally Motor cycle Sport - record attempt Motor cycle Sport - sand racing Page 8 of 11

9 Activity D/T* TPD IP H Motor cycle sport speedway professional international national, amateur national, professional Motor cycle sport - trailbike (rec only) Motor cycle sport - trials/track days Motor cycle sport - veteran and vintage events Mountain climbing Australia only international < 4000m international > 4000m Netball Orienteering Parkour (see freerunning) Potholing/Caving not underwater underwater (refer to Underwater diving guidelines on page 10) Rock climbing indoor only grade < 10 grade grade 20+ Rowing Running Sailing no ocean crossing ocean crossing 3 or more crew ocean crossing Less then 3 crew Snow skiing amateur/recreational Snooker Snorkelling Snow boarding amateur/recreational Page 9 of 11

10 Activity D/T* TPD IP H Squash Street luge Surfing Swimming Table Tennis Tennis Ten pin bowling Touch football Underwater diving SCUBA, skin diving, hazards include but not limited to wreck diving, caving or retrievals no hazards, < 45m no hazards, > m with hazards or >100m Underwater diving free diving 0-20m 20-40m Greater than 40m Volleyball Walking Water skiing amateur/recreational Weightlifting amateur White/Black water rafting/tubing amateur/recreational Wind surfing amateur/recreational Wrestling amateur/recreational *Premium loadings for Death cover and Trauma cover are expressed as an extra premium for every $1,000 sum insured (per mille). Page 10 of 11

Zurich Australia Limited ABN 92 000 010 195, AFSL 232510 Locked Bag 994, North Sydney NSW 2059

11 Zurich Australia Limited ABN , AFSL Locked Bag 994, North Sydney NSW 2059 Adviser Service Centre: DARN ZU23186 V2 09/17 Page 11 of 11

BFS Protect Hazardous Pursuits List. A fresh look at Income Protection

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