Our Athlete Insurance Program
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For Sports Coverage, the market may be extremely broad, but the essential risks are very similar: a high-performing athlete suffering an injury or sickness that prevents them from competing and in turn jeopardizes their contracts and/or earnings; while the nature of these risks may be similar each individual client has their own unique needs and profiles that require specialist insurance knowledge to protect.
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IDU is especially equipped to provide the consultative expertise these sensitive, high-profile cases necessitate. Whether the loss at risk - for example - be that of defaulting on an off-season loan agreement, a new contract negotiation post free-agency status, or an indemnification against a career ending disability, the IDU Team utilizes their creativity, proficiency and experience to implement all forms of athlete protection insurance.
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Types of Coverage
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Draft Protection
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Temporary Disability
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Permanent Disability
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Contract Guarantee
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Future Contract Valued
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Death, Disgrace & Disability
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Draft Protection
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Target Markets
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Top Round Draft Picks
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Coaches
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Basketball
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Baseball
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Football
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Hockey
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Miscellaneous/Extreme Sports
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Top Round Draft Picks
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Key Features
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Standard Policy Terms of 1 Year
- Exceptions made depending on need and profile
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Limits up to and above $50M
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Benefits Structures
- Monthly - Temporary Total Disability
- Lump Sum - Permanent Total Disability
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Standard Elimination Periods: 90 to 365 days or longer
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3rd Party, Team or Personally Owned Coverage Options
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Own Occupation Definition of Coverage
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Standard Policy Terms of 1 Year
Our Athlete Insurance Program
IDU offers coverage to athletes to protect their future contract value from decreasing due to a significant temporary disability and/or career ending disability. This includes Temporary Total Disability (TTD) as well as, Permanent Total Disability (PTD).
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Monthly Benefits and Lump Sum Benefits
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Specific to sports industry
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Personal or team owned insurance
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Current or future contract required
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Elimination Periods of 1 year or less