Business Hours: Monday - Friday - 8:00 - 5:00
International Specialty Insurance

Specialty Insurance Products

Motorsports Insurance

ISI is a leading provider of professional and personal insurance services in the motorsports industry. ISI represents clients in every major motorsport championship, both two and four wheels.

ISI’s commitment to motorsports allows us to provide the most advanced policy language in the industry, responsive claims administration and competitive rates.

Our motorsports policies are underwritten by various insurance markets with the highest financial ratings.


Disability Insurance

Permanent Total Disability

Permanent Total Disability protects drivers or teams against career ending injuries or illnesses. Before benefits are payable, a physician must certify that the injury or illness is career ending after a certain waiting period such as twelve months.

ISI’s PTD benefit can be coupled with a TTD policy, to be payable after the monthly benefit ceases.

  • Policy Terms up to 3 years
  • 24-Hour, Worldwide Coverage
  • Accident and/or Illness
  • On and Off the Track
Case Study

A race car driver was worried that a serious crash could end his career prematurely and he could miss out on significant future income. International Specialty Insurance provided a $10,000,000 lump sum policy to protect the driver on and off the track.

Temporary Total Disability

Temporary Total Disability protects drivers or teams against the inability of a driver to perform due to injury or illness for a short period of time such as a season. This coverage pays benefits on a per race missed and/or weekly or monthly basis. This kind of coverage also allows teams to pay drivers even when they can’t race.

  • Policy Terms up to 3 years
  • 24-Hour, Worldwide Coverage
  • Accident and/or Illness
  • On and Off the Track
Case Study:

A professional race team signed a driver to a guaranteed contract for the season. They were concerned that if the driver was unable to race due to an injury or Illness which kept him off the track for the rest of the season, they would still have to pay the driver and possibly have to engage another driver to replace him. International Specialty Insurance provided a Temporary Total Disability policy to cover this eventuality.

Medical Evacuation & Repatriation

A medical and emergency repatriation policy will pay the medical, hospital, surgical and transportation expenses up to the policy limit which are incurred as a result of accident or illness. These policies also provide 24-hour emergency assistance to the insured no matter where in the world they are.

Case Study

A professional race car driver was participating in an international racing event in Australia. International Specialty Insurance provided Medical Evacuation & Repatriation policy to help coordinate and pay for any emergency medical services needed in the event of an accident.

Bank Loan Guarantee

Lending institutions many times require the borrower to secure a disability insurance policy in the event the individual paying the loan becomes disabled and can no longer make payments. Due to the potential risk of disability, numerous institutions are hesitant to provide large loans to individuals without coverage in place. International Specialty Insurance offers a solution that will satisfy the bank requirements with the Bank Loan Guarantee insurance plan. The plan is fitted to the terms of the agreement with a declining benefit, and the premium can be added to the loan.

Life Insurance

Accidental Death and Dismemberment (AD&D)

Accidents happen every day, sometimes serious enough to cause a critical injury, or even death. International Specialty Insurance’s Accidental Death and Dismemberment Insurance is offered to individual drivers or teams to help alleviate the financial burden that can result from a serious accident. In the event of accidental death, this insurance will pay benefits in addition to any life insurance held.

  • 24 Hour, Worldwide Coverage
  • War and Terrorism Coverage
  • Benefit amounts exceeding $75,000,000 per person
  • Policy Terms of 30, 60, 90 days or up to 3 years
Case Study

A professional race car driver was looking to obtain personal life insurance. Coverage was not available through the traditional markets due to a medical condition. International Specialty Insurance was able to secure a $5,000,000 Accidental Death and Dismemberment policy to cover the driver.

Interim Life Insurance

International Specialty Insurance provides Failure to Survive insurance (also known as Confidential Life) as an alternative to traditional life insurance for teams and sponsors. Failure to Survive was designed to provide an immediate solution to a drivers life insurance needs. While traditional life underwriting often takes many weeks to complete, Failure to Survive can be accomplished in a matter of hours.

  • Policy Terms of 30, 60, 90 days or up to 2 years
  • 24-Hour, Worldwide Coverage
  • Benefit amounts to $50,000,000 per person
  • War and Terrorism Coverage
  • Accident & Sickness
  • Must be third party owned with contractual obligation
  • No Medical Exam Required
Case Study

A professional racing team team was looking to protect the guaranteed contract made to a key driver. Since the team’s commitment to the driver was immediate upon signing the contract, Interim Life Insurance was required. International Specialty Insurance was able to secure $10,000,000 of Failure to Survive coverage for 60 days while the life underwriting was completed.

Contingency & Specialty Insurance

Contractual Bonus

It is not uncommon for teams or sponsors to offer contract incentives in the form of large bonuses for drivers who exceed certain predetermined high level goals or statistical benchmarks. Insurance can be purchased to fund these bonuses in the event the athlete achieves the goal.

Case Study

A sponsor of a motor racing team agreed to award a win bonus to the rider for every podium finish achieved during a 20 race season and if the rider won the championship. The maximum possible loss was calculated and ISI provided coverage, excess of a deductible, which allowed the sponsor to enjoy the racing season without fear of having to pay the bonuses if the driver was successful.

Kidnap and Ransom

Kidnap and Ransom insurance professional racing drivers against the financial consequences of a kidnap, illegal detention or extortion. International Specialty Insurance provides Kidnap and Ransom insurance coverage to help mitigate this risk and works with the world’s leading crisis management response groups to help provide a safe and peaceful solution to a terrible experience.

Case Study

A well-known company engaged a top performing driver for a two year period. The fee paid to the driver was guaranteed by the company and coverage was arranged to protect the Assured against the cancellation or withdrawal of the promotion in the event of the death, disablement or disgrace of the driver during the promotion.

Death, Disablement and Disgrace

Coverage is purchased by companies to protect their expenses incurred in connection with an advertising campaign, product endorsement or sponsorship contract where a professional racing driver is used to promote a product or service. The death, disablement or disgrace of the driver during the sponsorship could lead to the withdrawal of the campaign or cancellation of the endorsement or sponsorship contract with consequent loss to the company.


Schedule an Agent Call

Let us help protect what you have achieved. Speak to an agent to receive a free, no-obligation quote today.
Asp.Net CMS By Joopk.com