Sports Insurance

Meaning• Sort of a comprehensive cover available to

amateur sportsmen covering their sporting equipment, personal effects, legal liability and personal accident risks.

• Covered risks

Products and Services

• Accident insurance1. Amateur sports accident insurance

2. Professional sports accident insurance• Liability Insurance1. Liability- public and general

2. Professional Indemnity

3. Directors & Officers

• Property Insurance

1. Industry Special Risk

2. Fire and Extraneous Perils

3. Business Interruption

4. Burglary/ Theft

5. Money Insurance

6. Glass

7. Risk Management

8. E-Commerce

9. Dedicated Claims Department

10. Independent Loss Adjusters

• Contingency Insurance

1. Prize Indemnity

2. Player Bonus

3. Adverse weather

4. Death &disgrace

5. Cancellation / abandonment

6. Non-appearance / performance

Sports covered by Sports Insurance• Games• Events, Tournaments and Competitions• Winter sports• Camp Insurance• Other coverage (occasionally offered for

coverage)

What to look for????

• Occurrence Vs Claims made• Participant Injury Liability• Punitive Damages• Abuse / Molestation• Covered Persons• Special Coverage

Benefits of sports Insurance

• Income protection• Expensive private physiotherapy bills• Cash payments for sports injuries• Hospitalization cash payouts if you get

injured

Sports Celebrities

David Beckham

$317,000 MustacheMerv Hughes, cricket player

Conclusion