Questions to ask about… Motor sports

clock

The popularity of motor sports has grown as it has become more acessible to a wider audience. Steve Smith looks at the risk assessment proceedure underwriters must adhere to.

Things have come a long way since 1885 when Karl Benz invented the first car powered by the internal combustion engine. Motor cars and Motor Sport is today more accessible than perhaps ever before; people work their way up from karting, like Lewis Hamilton, to people being bought a ‘track day’ as a birthday or Christmas present. As a result, involvement in motor car sport is a common application disclosure and this article will cover the various types of motor car sport and the underwriting considerations of each area of motor sport. In those instances where a loading is suggested it is ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

PA360: 'The way we have talked about protection has moved on'

PA360: 'The way we have talked about protection has moved on'

Consumer Duty has increased interest from IFAs and wealth managers

Jenna Brown
clock 02 May 2025 • 4 min read
The return of redundancy cover – and why it's important

The return of redundancy cover – and why it's important

Standalone unemployment insurance is making a comeback

Kesh Thukaram
clock 02 April 2025 • 3 min read
PDG responds to FCA Pure Protection Market Study update

PDG responds to FCA Pure Protection Market Study update

Expanded terms of reference

Cameron Roberts
clock 31 March 2025 • 2 min read