No matter an athlete’s conditioning or skill on the field, or an athletic trainer’s experience dealing with clients, injuries can happen at any time on the field or in the gymnasium. Various types of insurance for college athletes exist to help provide benefits for those who are injured, and to protect against future loss of earnings as professionals. In addition, liability insurance exists to protect athletic trainers against malpractice lawsuits or licensure issues in the event an accident occurs while working with clients.
Expense Funds for Athletes Who Experience Catastrophic Injuries That Lead to Disability
Say a college athlete becomes catastrophically injured during practice or game play, and this injury results in his or her total lifetime disability. A particular type of insurance offered for college athletes may pay for the player’s medical and disability expenses throughout his or her lifetime, up to a certain price point, and after a deductible is paid. In addition, the athlete may receive funds to complete an undergraduate or graduate degree.
Benefits for Exceptional Athletes Preparing for a Professional Sports Career
Talented college athletes may not only be hitting the books to earn a degree, they may also be competing in college sports in preparation to use their superior athletic skills in the professional sports arena, in hopes of earning top dollars in the future.
If an athlete experiences a disabling injury or sickness while on a college team, a type of insurance may provide protection against future loss of earnings in his or her career as a professional athlete. Not everyone on the team might qualify for this particular type of insurance for college athletes, however. The athlete generally must first have proven his or her potential to be chosen in the first or second round of drafts for inclusion on a professional sports team prior to his or her disabling injury or sickness.
Monies for Athletes Who Become Injured During a Championship Event
An insurance program available for college athletes may pay a benefit if they become injured while participating in championship events�”not just regular-season games. The amount of the benefit received from this type of insurance could be enough to pay the deductible for the other types of insurance that are designed to pay the athlete’s lifetime medical and disability bills.
Liability and Malpractice Insurance for Athletic Trainers
Various providers offer athletic trainer insurance policies that aim to help protect professionals’ licenses and careers against malpractice lawsuits in the event a client accident or injury occurs. Such insurance is often designed to cover the costs of legal fees to defend the athletic trainer if a lawsuit occurs, as well as lost wages from the time spent in court. In addition, this coverage could pay the cost of any resulting judgments or settlements.
Highly conditioned, safety-conscious athletes, as well as athletic trainers who provide the utmost care for their clients, are not immune to injuries on the field or the threat of a liability or malpractice lawsuit. Insurance for college athletes or athletic trainers is designed to provide peace of mind and protection in case the unthinkable happens.