A recreational activity that is considered high-risk by a life or disability insurance policy is referred to as a hazardous activity.
The exercises are not normally covered by protection as they convey an expanded potential for injury or misfortune.
Scuba diving, BASE jumping, hang gliding, racing a car, flying a plane, horseback riding, bungee jumping, parasailing, and off-roading are all dangerous activities.
Further, some business falls into this class, for example, some development work, logging, airplane pilots, seaward oil rig specialist, seaward angler, primary steelworkers, and underground mining.
The policyholder may not be able to purchase life insurance or disability insurance if a hobby falls under.
An insurance company’s definition of hazardous activity, or they may have to pay a higher premium because the insurer considers the activity to be high-risk.
