Scuba Divers Life Insurance Rates (2024)

While scuba diving is generally safe, life insurance for scuba divers can be more expensive to buy if your insurance company deems your hobby as high-risk.

Although some scuba divers may face higher rates, you can still buy term life insurance and universal life insurance policies, and you may not need to take a medical exam.

Keep reading to learn more about how scuba diving can affect your rates and what you can do to get affordable scuba divers life insurance.

Looking for life insurance for scuba diving? Enter your ZIP code above to get free scuba divers life insurance quotes.

Will scuba diving make my life insurance rates higher?

Scuba diving won’t always affect your rates, but there are certain aspects of your hobby that may cause your insurance rates to be higher. The main factors that insurance companies look for with scuba divers include:

Your Experience

Being an experienced diver may help to lower your rates. If you have years of experience and are knowledgeable about taking the proper safety precautions while diving, your insurance company may not classify you as high-risk.

Your Certifications

Having the proper certifications can help you get better rates on life insurance, especially if you have higher certifications.

Type of Scuba Diving

There are many types of dives, and some are safer than others. If you dive in open waters and avoid deep dives, your insurance rates usually won’t be affected.

However, deep diving, wreck diving, and cave diving can all put you in the high-risk category and can make it more expensive to buy scuba divers life insurance.

Diving Depth

Your diving depth can have a huge impact on your insurance rates. Although deep diving isn’t always dangerous, it can cause health problems like decompression sickness and can increase your risk of drowning.

Because of the potential health risks, your life insurance rates may be higher if you frequently deep dive.

How much does dive insurance cost?

Depending on the type of diving you practice, scuba divers life insurance rates may be higher than average.

The average life insurance rates for a 35-year-old man buying a 20-year $1,000,000 term life policy are around $53 a month. However, the cost for the same policy covering an extreme scuba diver can be as high as $378 per month.

Buying affordable term, whole life, or universal life insurance policies as a scuba diver can be tricky, but there are some ways you can get cheaper rates.

Because scuba diving is usually considered a high-risk activity, most insurance companies will ask you questions about your scuba diving practices to determine your rates.

If you are an inexperienced diver or you engage in riskier dives, your insurance rates will most likely be higher than average.

By diving safely and obtaining the proper certifications, you may be able to lower your rates significantly.

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