Extreme Athletes and Their Insurance Policies Syracuse NY

Extreme Athletes and Their Insurance Policies

by Jeb Foster

If you do this sort of thing, you may find it hard to get life insurance ...

Health insurance for extreme athletes
Same story: If you wear a squirrel suit (pictured) on the weekends, most health insurance companies will take a pass. Those that don’t will charge steep rates to compensate for insuring your death-defying antics.

Disability insurance for elite athletes
While most people can (and should) get disability insurance, which covers against loss of the ability to earn an income, it’s a bit more complicated (and expensive) for professional and soon-to-be professional athletes. Disability policies for elite athletes are only available through a few high-end insurers, including Chubb’s and Lloyd’s of London. Such policies typically cover loss of income and endorsements due to injury, and some policies even provide college draft protection: if an athlete decides to finish school, he or she can insure against the risk of career-ending injury. ...

Click here to read the full insurance article from Insureme.