Disability Coverage

It’s no surprise that athletes can get hurt on the field. Just like anyone though, they run the risk of getting hurt off the field as well.Athletes undoubtedly have an increased demand on their bodies and their bodies serve as the source of their livelihood, they need to exercise extra caution on and off the field.If they sustain a serious injury, it has the potential to end their careers. There is protection available though, and we will make sure you are protected at all times. 

Insurance options are available for athletes who want to protect non-guaranteed contracts and potential future earnings. Additionally, this coverage is available for sponsors or teams seeking protection for their most valued players.

Jason Pierre-Paul is a great example of how Disability Insurance is beneficial to an athlete. The Giants deemed Jason their franchise player earlier this year and they depend on him to be an asset to the team. He hasn’t officially signed a contract with the team, however he is on track to earn over $14 million this year. The team has expressed concern over his ability to commit long term. Especially with his accident over the summer. He mishandled fireworks and suffered burns to his hands, this has only raised more concern for the team. Initial indications stated he was ok, however there is a question of possible nerve damage in his fingers due to the severity of the burns. For someone in Jason Pierre-Paul’s shoes, insurance products are available and can offer protection for their potential income and themselves.

For various top free agents, disability coverage is of the highest importance. For instance, if there is an athlete who is in the final year of their contract, a disability policy can provide protection and reassurance in the event of a career ending injury.

One of our advisors is more than happy to assist you, other coverages of disability policy include: Interim Life Insurance, Failure to Sign Coverage, Coverage for Risks that may void Guaranteed Contracts, Catastrophic Accidental Death, High Limit Disability and Key Person Coverage and Contractual Indemnification.