From Lonely Planet travel forum (find the full discussion here):
I’m traveling to South and Central America at the end of this year, and am looking for travel insurance. I’ve been having a look at quotes from Trailfinders (which seems pretty good), my bank and then through comparison websites as well. I was just wondering if anyone has any recommendations from insurance providers they have used in the past. We’re not doing any crazy stunts like base jumping, but we are looking for a policy that covers things like hiking, whitewater rafting, mountain biking, etc.
Purchasing a travel insurance policy that includes adequate medical coverage for international travel is an important consideration for travelers vacationing in South or Central America. It’s a good idea for travelers to include $50,000-$100,000 of emergency medical and medical evacuation coverage in a policy. Having adequate medical coverage can help protect travelers if they incur any accidental injuries while performing activities like hiking, whitewater rafting, and mountain biking.
For example, the Seven Corners Round Trip policy is an affordable plan that offers $350,000 of medical evacuation coverage and $75,000 of emergency medical coverage. In addition, the plan offers trip cancellation and interruption benefits. Although some adventure sports like parachuting and bungee cord jumping are excluded from this policy, hiking, whitewater rafting and mountain biking are not part of those exclusions.
It is important to read policy details to determine if any hazardous sports participation is excluded from coverage. Some plans are designed specifically for these types of activities, while other travel insurance plans offer additional coverage that can be added. Using a travel insurance comparison site like Squaremouth can help travelers compare multiple providers, narrow down results, and find coverage that fits their needs.