Disability insurance for athletes

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PostPosted: Mon May 24, 2010 8:27 am   Post subject: Disability insurance for athletes  

At times I wonder if there's disability insurance for the athletes too. I do come across so many of them at the college.


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tulipgirl
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PostPosted: Tue May 25, 2010 9:02 am   Post subject:   

Yes there are such programs. Have you heard of the atheletes belonging to the NCAA?


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anonymous00
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PostPosted: Wed May 26, 2010 3:04 am   Post subject:   

This one is kind of tough, usually a case by case basis. It depends what professional level you are talking about, and what kind of athelete.

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PostPosted: Wed May 26, 2010 4:43 am   Post subject:   

Thanks a lot guys!

Quote:
It depends what professional level you are talking about, and what kind of athelete.


I was just talking about the casual college athletes, most of whom I see are not serious about insurance. Don't you think they should apply for disability insurance coverage?

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tulipgirl
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PostPosted: Thu May 27, 2010 5:04 am   Post subject:   

Quote:
Have you heard of the atheletes belonging to the NCAA?


Yes, there's this student athletes disability program designed specifically for the NCAA students. To get enrolled in this program, you'll need to fill out the quote form and hand it over to the administrator. Applications from the student or his legal guardian would only be accepted.
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PostPosted: Fri May 28, 2010 4:46 am   Post subject:   

I guess this program offers a permanent total disability coverage for 24 months. You'll probably be covered for illness or accident for a period of 24 hours.

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PostPosted: Wed Jun 02, 2010 9:10 am   Post subject:   

The "problem" inherent in "disability" policies (assuming we're talking about disability income) for student athletes is that they generally have little or no true income. So if they become totally disabled, what is their economic loss?



Not every athlete gets drafted into the pro ranks. So we can't really say anything about "lost future earnings" -- that's all hypothetical.



To offer to pay money to someone that has little income can create a "morale hazard" -- a matter of "bad attitude" that can cause a person to find a way to collect a benefit (or to prevent a benefit from ending) they really are not entitled to receive.



And if the student athlete has income derived directly from his participation in a sport, the NCAA has other things to say about that.



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PostPosted: Wed Oct 27, 2010 7:26 am   Post subject:   

Disability insurance athletes warrants life and health protection athletes at approach of following insured events:



* the time work incapacity which has resulted accident or a sports trauma. Insurance provision provides material compensation of a break of professional activity, medical and regenerative events;

* general and chronic diseases. Insurance provision provides preventive maintenance of diseases, medical and regenerative events;

* end of sports career owing to partial disability. Insurance provision provides material compensation of end of professional activity, rendering of assistance in reception necessary or additional education, employment, a training for a new profession, increase of professional skill in other sphere of action or in the given sphere, but in other status;

* end of sports career owing to complete work incapacity. Insurance provision provides material compensation of work incapacity, social both medical provision and rehabilitation.

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PostPosted: Fri Oct 29, 2010 1:03 pm   Post subject:   

See . . . when Milfordct tries to come up with something original . . . it's nearly unintelligible.



"Disability insurance athletes warrants life and health protection?" Please!



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PostPosted: Fri Oct 29, 2010 6:52 pm   Post subject:   

The typical student athlete can't get disability coverage. A student athlete who will be signing a professional contract can get coverage. It will take a specialty insurer.


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fjaamvi
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PostPosted: Sun Oct 31, 2010 5:01 am   Post subject:   

Student athletes who sign professional contracts are no longer student athletes.



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PostPosted: Sun Oct 31, 2010 4:52 pm   Post subject:   

Max,



Reading comprehension is needed.



A student athlete who will be signing a professional contract is not the same as a student athlete who has already signed a professional contract.



The star basketball player who decides to come back to college for one more year instead of turning pro is still a student athlete and can get disability coverage.


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afkvm
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PostPosted: Mon Nov 01, 2010 1:06 am   Post subject:   

Quote:
A student athlete who will be signing a professional contract is not the same as a student athlete who has already signed a professional contract.




So what's inconsistent with what I wrote? Please comprehend this:



Student athletes who sign professional contracts are no longer student athletes



Nothing you've written is incorrect nor is it inconsistent with what I wrote. Except that the act of actually signing a contract (compared to a letter of intent) prevents the athlete from playing at the student level.


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PostPosted: Mon Nov 01, 2010 5:19 pm   Post subject:   

Yes, what you said is correct. It's also meaningless and isn't answering any question that has been asked. It's like saying that the color red starts with the letter "r".



The question is whether college athletes can get disability coverage. The answer is "Yes, it is possible."



Now, will the casual college athlete be able to get a policy? No. Will a college athlete with a strong possibility of being able to sign a pro contract able to get coverage? Yes.


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ajsfjakr
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PostPosted: Tue Nov 30, 2010 8:14 pm   Post subject:   

I almost wonder if Reggie Bush would have been covered while he was going to USC and that whole scandal.

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