Loss of Value (LoV) insurance is a little-known type of disability insurance designed to protect the future of elite, first-, second- or third-round draft picks. LoV specifically covers a student-athlete’s anticipated rookie contract value. Universities can arrange for the player or his family to purchase LoV insurance policies, which may kick in to supplement that […]
We Help Disability Claimants Suffering From Traumatic Brain Injuries As the school year approaches, children are preparing for fall sports. For years, football was a staple of late summer fun. Whether it was varsity training camp or flag football, many kids have played football since elementary school. Rob Kelly was one such kid. This former […]
In 1928, a complication was first described as “punch-drunk syndrome,” which is an affliction that boxers suffered from repeated blows to the head. More recently, evidence of the disease became more widespread, requiring further analysis of the signs and symptoms. for the condition designated as: Chronic Traumatic Encephalopathy (CTE). CTE leads to progressive loss of […]
“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. […]
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 […]
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 […]
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 […]
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 […]
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?
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?