Category: Athlete Disability
Athletes or Universities Buying Loss of Value Insurance? What You Should Know
Posted April 30, 2017
“How much am I worth?” This question has been the subject of many motivational talks, presentations and books. Worth is a question and a concept that takes on so many forms—including self-esteem, legacy value and net worth. To achieve some sense of life worth is many people’s ultimate ambition, and it is a noble one. […]
Are Athlete Disability Claims subject to ERISA?
Posted September 14, 2016
Professional athletes understand that injuries are guaranteed in their line of work. As a result, many pro athletes or their teams purchase private individual disability coverage to protect their livelihood and income from the risk of physical disability. However, some athletes may also take advantage of disability plans provided by professional sports associations. Many do […]
For Star Athletes, Disability Coverage Doesn’t Come with a Guarantee
Posted September 8, 2016
Talented college athletes with dreams of going pro have much to lose, but LSU’s Leonard Fournette seems to take it in stride: “I don’t think about it. This is the second time I’m actually talking about it. I leave everything in God’s hands.” That quote comes from Dennis Dodd with CBS Sports, who writes about […]
Three Reasons Why Athlete Disability Claims Get Denied
Posted August 9, 2016
Long term individual disability insurance, free agent drop-in-slot protection, and loss of endorsement coverage are necessary to protect an athlete’s future income in the event of a permanent, career-ending sickness or injury. However, like claimants from all other professions, many athletes struggle and don’t collect their disability insurance benefits. Insurance companies look for each and […]
The Perils Of Pursuing Olympic Glory
Posted August 4, 2016
As the Olympic Games kick off in Rio, much of the customary fanfare has been replaced with angst over a perceived lack of preparation and unusual threats facing athletes, media, and fans alike. The Zika virus Water quality issues The threat of violence Lack of law enforcement Local and national political turmoil Poor conditions in […]
Loss Of Value Insurance: A Multimillion-Dollar Gamble?
Posted May 27, 2016
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June ushers in an exciting time in sports. As the top NHL, MLB and NBA draft prospects wait to see if their dreams of going pro come true, some will have one more thing to consider: if the draft doesn’t go well, could they join the lucky few who collected on loss of value insurance policies?
Can Baseball’s Elbow Injury Epidemic Be Stopped?
Posted April 8, 2016
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Baseball season has arrived, and with it comes endless debates about the best-hitting lineups and pitching staff. However, there’s one topic everyone should be following this season: the frequency and prevention of Tommy John surgery. The procedure is so commonplace that many players consider it routine – but should it be?
Attention, Division I Athletes: It’s Time To Think About Elite Athlete Insurance
Posted February 3, 2016
Today is the much-anticipated National Signing Day for football, during which many high school seniors publicly declare where they will continue their education and athletic career. Once the excitement of the day subsides, it’s time for the Division I-bound elite athletes – including those in baseball, basketball and hockey – to have a serious conversation […]