Amateur Insurance

Written by Amy Hall
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Amateur insurance can be purchased for practically any type of youth sport. Many organizations are smartening up to the fact that team insurance is the ultimate protection against accidents, lawsuits, and crimes. It can be a very costly mistake to assume that individual participants have their own medical insurance which would cover the expense of any medical bills in the event of an accident during the activity.

If you are looking to purchase amateur insurance for your sports organization, you might want to consider dealing with a sports insurance agency who really understands the ins and outs of this specific type of insurance. Unfortunately, too many people make the mistake of buying sports insurance from agencies that specialize in other areas, such as home or auto insurance. This is not good because your agent, though he or she may mean well, simply might not know all the important facts about sports insurance, which could wind up costing you money in the long-run.

Elements of Amateur Insurance

A very basic amateur insurance policy should cover accidents and liability. Accident coverage will pay for the medical bills of a participant or spectator injured during the sporting event. A basic plan will provide coverage up to $25,000, but you may wish to purchase a policy that will pay for medical bills up to $100,000 per participant.

It only costs slightly more money to increase the limit, so it may be wise to do so for added protection. General liability will provide protection for the sports organization against lawsuits claiming injury to a participant or spectator, and it will also provide an attorney for a legal defense. Two additional options that you may wish to look into are crime and directors and officers coverage, which further protect the organization against certain lawsuits as well as theft, vandalism, or embezzlement.

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