As a professional sportsperson, you push your body to the absolute limit. You want to be the best, but should the worst happen, it is important that both you and your family are protected. Career-ending injuries are an unfortunate fact of life, and the pain of no longer being able to play is often compounded by a stark financial reality.
At Fuse we offer bespoke, career-ending cover that pays out either a lump-sum or regular income, so you have time to consider your future. Clubs can also take advantage of this type of insurance. It covers player’s salaries and protects your assets, just in case any players are unable to continue due to injury. Whether you are a long established professional, or a promising new talent at the start of your career, insurance should be a serious consideration as it provides you with financial protection for the future.
Sadly, there are many cases each year of careers stopped short through injury or sickness. Potential future earnings are lost, players could face long term rehabilitation or even be forced to start new careers altogether.
HOW ATHLETE INSURANCE WORKS
This insurance is paid for by the athlete mainly to protect their personal income. In some circumstances and countries; the clubs insure the player, but is not always the case. The idea is that the lump-sum amount is paid out to give financial assistance to the sportsperson for the rest of their life. The level of insurance they require can be looked at in many ways but is ultimately designed to help cover their potential losses.