What are the differences between the various insurance policies such as Medical Expense, General Liability, Directors & Officers Liability, Crime, and Equipment?
The best place to go to get a “crash course” in sports insurance basics is under the Free Reports section of the NYSCA Insurance Plan website by clicking on the Free Reports icon. We recommend the Free Report entitled “Sports Insurance Secrets Revealed”. The $25,000 Medical Expense (also known as Accident) policy pays medical bills on behalf of injured participants. It has a “disappearing deductible” of $100 per claim. The coverage is “excess” which means that other collectable insurance such as parent’s health insurance must respond first before the “excess” Medical Expense policy will pay any bills. In the event that there is no existing insurance in force on the injured participant, the “excess” Medical Expense policy become “primary” and pays up to the limit of $25,000 subject to the $100 deductible. The $2,000,000 General Liability policy protects the sports organization and its people against lawsuits alleging injury to a spectator or player. This policy provides an attorney for
Related Questions
- What are the differences between the various insurance policies such as Medical Expense, General Liability, Directors & Officers Liability, Crime, and Equipment?
- Explain the differences between the various insurance policies such as Medical Expense, General Liability, Directors & Officers Liability, Crime, and Equipment?
- What are the differences between the various insurance policies such as Accident, General Liability, Directors & Officers Liability, Crime, and Equipment?
