Sports are a great way to keep fit, but they can also be dangerous. Playing football or mountain biking requires lots of movement and contact with other players, which can lead to injuries.
Even if you’re just jogging down the street, you could have an accident and injure yourself—injuries like sprains and strains can keep you from working for weeks or even months while they heal.
There are some financial protections that can help cover your expenses while recuperating from your injuries; these include Workers’ Compensation insurance for employees who suffer work-related injuries on-the-job and Disability benefits through long-term care policies provided by employers or bought individually by consumers.
If neither applies then a good option would be purchasing sport injury insurance coverage since it’s available as part of some health plans (and most don’t include this).
Sports Financial Protection
- What is sport injury insurance?
Sport injury insurance is a policy that pays the cost of medical expenses, including surgery, rehabilitation and other health care services if you have an injury while participating in your sport.
The coverage also covers loss of income due to time away from work as a result of an injury or illness that occurs while participating in your sport.
Some policies may also cover orthotic devices and equipment replacement costs. Sport injuries are caused by overuse such as repetitive stress injuries like carpal tunnel syndrome or tendonitis; traumatic injuries such as sprains and strains; or contact injuries such as broken bones resulting from falls on the ice rink during hockey practice.
- How much does it cost? Most policies have deductibles ranging from £500 to £1,000 depending on the type of sport you participate in (e.g., figure skating vs hockey), how often you participate in that particular activity (i.e., professional athletes versus recreational skiers) and what level you compete at (national competitive events vs local recreational leagues). Premiums generally range from £300 to £750 annually per person depending on how many participants are covered by each policy.*
- What type of coverage does it provide? The amount paid out under this policy depends on whether it provides reimbursement only or combined reimbursement plus replacement benefits.*
Reimbursement only – You will receive payment for all medical expenses related to treatment following an injury incurred while playing your favorite team sports like soccer or basketball.
This option will provide limited financial protection because there are no provisions for replacing lost wages due to time away from work due to physical therapy sessions after surgery.*
Combination – In addition to paying out up front costs associated with treatment following an accident/illness related condition sustained during play time activities, this type often includes provisions allowing players who incur significant medical bills even though they were injured outside their official game schedule.*
Whether you enjoy playing football or mountain biking, sports can be a great way to get the exercise you need to stay healthy. They can also be dangerous, especially when they require a lot of movement and contact with other players.
Whether you enjoy playing football or mountain biking, sports can be a great way to get the exercise you need to stay healthy.
They can also be dangerous, especially when they require a lot of movement and contact with other players.
Sports injuries are commonplace in many athletic activities. In fact, nearly half of all adults experience an injury at least once during their lifetime and nearly one-third of all adults have experienced a severe sports-related injury .
The most common causes of sports injuries include:
- Poor conditioning
- Poor technique and form
- Using the wrong equipment (such as incorrect size or type)
One way to protect yourself from medical bills due to injury is with the proper insurance coverage.
Sport injury insurance is available as part of some health plans and can cover everything from broken bones to surgery costs when needed.
The bottom line is that whether you’re playing at home or on the field, it’s always better to be safe than sorry. Don’t take any chances with your health; keep yourself covered by getting insurance coverage for sports injuries!