Athlete Loss of Value Insurance
The process an insurance company goes through to assess risk and determine premium.
Underwriting
This famous soccer player reportedly insured his legs for $144 million.
Cristiano Ronaldo
Term that refers to the economic value of someone's skills that is protected by all these policies
Human Capital
Impairment rating
This type of injury, like a chronic shoulder injury for a tennis player, would prevent a professional from ever returning to their job.
Career ending injury
Specific type of career insurance that is used when you suffer from income losses from an injury for an extended period of time.
Long-Term Disability Insurance
The annual premium for athlete LOV insurance usually exceeds this dollar amount.
$100,000
What type of injury or illness wouldn't athlete LOV insurance cover?
pre-existing, alcohol or drug abuse damage, criminal/violent acts, certain types of psychological or osteoarthritis, injuries that aren't a direct cause of LOV.