Life Insurance For Motor Bike Riders & Motor Cyclists

Elaine Brookes Steve Case

Author: Steve Case - Insurance Expert

Reviewed & Fact Checked By: Elaine Brookes

Updated: 26th June 2024

life insurance for motorcycle riders

Motorcycle riding is a favourite pastime for many, but it may also be necessary for their job or their only form of transportation.

Securing Affordable Life Insurance For Motorcyclists

Motorcyclists can effectively lower their life insurance costs by adopting several straightforward strategies.

  1. Please Consult With A Specialist: The Insurance Hero team deeply understands motorcycles and the related insurance needs of those who ride them.
  2. Get Insured Early: Opt for life insurance at a younger age, as premiums tend to rise with age.
  3. Stop Smoking: Premiums are generally lower for non-smokers.
  4. Improve Your Health: Healthy lifestyle changes like weight loss can positively impact insurance rates.

It can be disheartening to overspend on life insurance, mainly when cost-effective alternatives are available.

As top-rated life insurance consultants in the UK for motorcyclist cover and similar high-adrenaline activities, our in-depth knowledge ensures you get the best possible advice and insurance solutions tailored to your unique lifestyle.

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motor biker life insurance

Regarding life insurance, there are policies available for motorcycle riders for any of the above reasons.

But which company will be the best option to purchase coverage from, and what will the cost be? Many insurance companies in the United Kingdom will payout in the event of a motorcycle accident as long as the policy does not expressly exclude those types of accidents.

Life Insurance For Motorcycle Riders? Reasons To Consider Getting A Free Quote From Us:

  • Comprehensive and affordable life insurance for motorcyclists and bikers
  • Receive a free and quick quote without ever needing to visit an office
  • After receiving your quote, there is no obligation to purchase insurance
  • There are many options available for coverage, including mortgage and critical illness cover
  • Flexible coverage available for whole-life insurance plans
  • Customer care has received outstanding reviews
  • Excellent rates on shared coverage policies
  • Smokers and vapers are not discriminated against
  • Policies with excellent rates for shared coverage, including same-sex couples
  • Critical Illness coverage, separate or in combination with life insurance, at little extra cost

The tables below provide a structured overview of life insurance considerations for motorcyclists, including types of insurance, factors affecting costs, coverage details, and the impact of motorcycle usage on insurance terms.

Types of Life Insurance for Motorcyclists

Type of InsuranceDescriptionCoverage PeriodSuitable For
Level Term Life InsuranceFixed sum assured. The payout amount does not change during the policy term.Up to 40 yearsCovering large debts like interest-only mortgages, family living costs, funeral expenses, or an inheritance.
Decreasing Term Life InsuranceSum assured reduces over time, usually the cheapest form of cover.Up to 40 yearsCovering repayment mortgages, with sum assured reducing in line with the remaining mortgage balance.
Whole of Life InsuranceLifetime cover is a form of life assurance. Guaranteed payout upon death.LifetimeProviding an inheritance, covering long-term financial commitments.
Over 50s PlanGuaranteed acceptance for UK residents aged 50 – 85. No medical information is required.LifetimeCovering funeral expenses, with a waiting period for natural cause death payouts.

Factors Affecting Life Insurance Cost for Motorcyclists

FactorDescriptionImpact on Premiums
Purpose of RidingOccupational, transportation, or recreational use.Occupational and transportation use may not raise premiums, while recreational use, especially racing, might.
Type and Size of MotorcycleDifferent types and sizes of motorcycles.It may affect the level of risk assessed by insurers.
Frequency of RidingHow often the motorcycle is used.More frequent use might be seen as a higher risk.
Professional RacingInvolvement in professional motorcycle racing.Likely to increase premiums due to high risk.

Life Insurance Coverage and Motorcyclists

Coverage AspectDescription
Accidental DeathLife insurance policies generally cover accidental death, including motorcycle accidents.
Other Causes of DeathPolicies pay out for many causes of death, not limited to motorcycle-related incidents.
Terminal Illness CoverAllows early claim if diagnosed with a terminal illness (with a prognosis of 12 months or less).
Critical Illness CoverOptional add-on for early claim in case of serious illnesses like heart attack or stroke.

Motorcycle Usage and Life Insurance Implications

Motorcycle UsageImpact on Life Insurance
TransportationIt should be simple to secure life insurance on standard terms.
For WorkGenerally, it does not affect the ability to get standard terms, except for high-risk professions like professional racing.
For FunStandard terms likely unless involved in high-risk activities like racing.

Without proper life insurance protection, would your loved ones be able to do the following if you weren’t around to help?

  • Pay off the mortgage
  • Clear any outstanding debts in your name
  • Fund their current lifestyle
  • Buy a new home
  • Plan for a funeral
  • Deal with inheritance tax

Life Insurance for Motorcycle Riding as Part of Your Occupation

Police officers, motorbike trailers, and motorcycle emergency responders are often required to ride a motorcycle as part of their occupation. For these individuals, life insurance is likely to be accepted with standard terms when working with most United Kingdom life insurance providers.

For those who are professional motorcycle racers, acquiring life insurance may be more difficult and more expensive since it is considered a “high-risk” occupation. The same applies to motorcycle racing as a pastime.

motorcyclist life coverage quote

Life Insurance for Motorcycle Racing as a Pastime

Motorcycle racing as a pastime differs slightly from professional motorcycle racing.

Many factors will play into finding the right life insurance at the best price for motorcycle riders, including how often you participate in races, what type of competition is being done, the speed of the bike and the track, and the size of the motorcycle in use.

For example, enduro racing and motocross are considered less dangerous and may allow for standard terms. Finding an insurance provider willing to offer standard terms might be more challenging if you participate in other, more risky races, like circuit races and ice racing.

Insurance for Motorcycle Riding as Transportation

For those individuals who ride motorcycles as their primary mode of transportation, merely to get from one place to the next, it is possible to secure life insurance with standard terms and average premiums without excluding a motorcycle accident from the policy.

However, it is important to know that some insurance providers may ask additional questions, such as the size and type of motorcycle used – your answers to these questions may increase your premiums based on the provider’s guidelines.

Just because you ride a motorcycle – either as a hobby, part of your profession or just as transportation – it is possible to secure life insurance that is both comprehensive and affordable. It is important to make sure you shop around different providers to find the best plan for you.

If you would like assistance comparing life insurance for motorcycle riders, the knowledgeable team at Insurance Hero can help to find the best plan for your unique situation as well as one that will fit into your budget.

Life Insurance For Bikers FAQs

Does life insurance Cover motorcycle deaths?

Yes, life insurance cover is available for motorcycle deaths. Suppose you are in an accident while riding a motorcycle and die from your injuries.

In that case, your insurance company will pay out a death benefit if you purchase a motorcycle coverage policy and have met the underwriting requirements for that type of coverage. The amount and type of coverage you can get depends on the type of life insurance you have.

Does riding a motorbike increase life insurance?

Your life insurance policy will not increase just because you have a motorbike. While motorcycle riding may increase your chances of being injured and, therefore, increase your life insurance premiums, you will likely not be assessed at a higher rate for just owning a motorcycle.