Life Insurance and Scuba diving

[abitton]

Very interesting... Thanks for the info!!!

 

[StSomewhere]

Valwood is correct. The key is misrepresentation. If when your policy was underwritten and you really had no plans or intention to dive, and that's what you stated, then you are fine if you subsequently decided to take up diving. If, however, you planned all along to do so and misrepresented yourself, and the insurance company somehow found out, then you're going to run into problems.

And to be clear, in the case of life insurance the *problems* you are going to run into is that the insurance companies are going to try to not pay out the claim to your heirs or estate. Look at the Dale Earnhardt case vs. United of Omaha. Insurance companies are always well staffed with attorneys who earn huge bonuses based on how many claims they can wriggle out of paying. Make sure your policy watertight (pun intended).