16/06/2025
3 ways financial protection empowers an active lifestyle
Stay on top of your game. Being active comes with a whole host of benefits, from enhanced physical health to personal achievement and camaraderie with your peers. But it can also present unique financial risks you may not have thought about. Whether you regularly exercise for fun or compete semi-professionally, financial protection can help create a safety net that means you spend less time worrying about money and more time doing the sport you love.
Up your game with financial protection
Financial protection provides an income if you can’t work because of an accident or injury, if you become seriously unwell or pass away. It doesn’t prevent these difficult events from occurring, but it can alleviate any financial stress and help you or your loved ones focus on recovery. Protection might seem a world away from sports but, with a bit of planning, it can become an essential component of a sustainable lifestyle. Musculoskeletal injuries, for example, are common complaints for many athletes, but they were also the biggest driver of protection payouts in 2023. And the good news is that protection almost always pays. In 2023, insurers paid out £7.34bn with an average acceptance rate of over 98%. You could use the money to help fund your recovery from an injury or provide a vital stepping stone to the next stage of your life.
3 ways financial protection can support athletes
An active lifestyle can be great for our health, but it can increase the risk of accidents, injuries and certain health conditions. Tendonitis, a broken bone or a concussion can be just as damaging to your sporting aspirations as they can be to your job. Protection can help smooth out temporary or permanent financial difficulties from accidents, injuries or illness, helping you manage your income or keeps things stable for your loved ones. Here are three ways that protection can give you the support you need.
1. Get back in the game after injury or illness
Unexpected injury or illness can put you on the financial sidelines. Products like income protection provide a regular income if you can’t work because of an accident or illness, helping you maintain a decent standard of living whilst you recover.
2. Plan for life’s bigger bumps
Even the most active people aren’t immune from serious health conditions like strokes, heart attacks and cancer. Critical illness cover pays out a lump sum if you're diagnosed with a serious illness which you can use to cover medical expenses, adjust your lifestyle or compensate for lost income.
3. Create long-term security if the worst should happen
The rush of endorphins from a match-winning score or achieving a personal best can make us feel invincible, but we can never be sure about what the future holds. Life insurance provides an essential backstop so you can train and compete safe in the knowledge that your loved ones will be covered if you pass away.
Protecting you is our focus
We work with some of the UK’s leading insurers like Aviva, Royal London and LV= who provide a wide range of protection products that offer flexible, affordable solutions for active people. Cover starts from less than you think, and you’ll be supported by an expert financial protection adviser who can personalise a financial plan to ensure you keep scoring no matter what.
Get in touch to see how financial protection can keep you on your A-game.
Owl Financial is a trading style of Openwork Limited, which is authorised and regulated by the Financial Conduct Authority. Approved by Openwork Limited on 28/04/2025.
