Sports cover is the broad term for insuring individuals or associations against claims in the event of an accident or injury. Everyone from professional athletes to coaches and instructors may want to seriously consider sports cover, especially when being responsible for the health and wellness of those instructed in their care. Being insured with adequate sports cover will help protect you in the event of claims by third parties.
There are several types of sports cover policies to consider. Public liability insurance, professional indemnity insurance, personal accident insurance and sports travel insurance.
Public liability insurance, within a sports training or coaching context, will typically protect you or your business in the event that a client or member of the public suffers an injury or death. For example, this would apply to instructors of aerobics, boxing, football, martial arts, and so on. There are numerous sports that can lead to accidents and ensuring you have proper sports cover is not only recommended but in many cases a neccessity.
Professional indemnity insurance may protect you if, for instance, you were training an individual who is a professional athlete and they became injured during your training session. This could be due to the equipment, facilities, or your coaching that lead to someone suffering financial loss due to injury. In this case, being protected with this type of sports cover would provide compensation and legal fees incurred during a defence of such claims.
Personal accident insurance is a type of sports cover that will typically protect both amateur and professional athletes, coaches, managers, teams, adults and children. There are many, many sports that can be covered.
Sports cover may include travel sports activities. Also known as sports travel insurance, you never know when a dream holiday could turn into a nightmare and without an adequate level of sports cover you could be left with not only severe injuries but a crippling hospital bill as well. Examples of risky sports whilst abroad include sky diving, kayaking, scuba diving, kite surfing, bungee jumping, to name but a few.
If you decide to become a coach, manager, or trainer, you are understanding the fact that people are relying on you to provide a safe environment and professional instruction. If you’re an athlete, either professional or enthusiast, and you decide to engage in risky sport activities, you are acknowledging the fact that you could become injured or even die. By taking out adequate sports cover, you are not only insuring yourself against the possibility of tragic events but you’ll rest assured knowing you are protected.
In a world of uncertainty, it’s always better to err on the side of caution and sports cover may be the answer.
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