Sports Stars Pick Up Insurance Ahead Of Big Money Drafts
Wednesday, May 31st, 2017 Excess & Surplus LinesStar players in search of mega-deals in the upcoming major league sports drafts really don’t want to get injured — it could cost them millions of dollars. With the NBA and MLB drafts coming up next month, potential high school and college draftees will likely be looking for some protection — if they get injured, they could lose big money. That’s where insurance comes in to play. Colin Caldwell, executive vice president at Midlands Management, said most potential sports draftees — particularly those expected to get drafted early — will take out insurance policies.
External References & Further Reading
http://www.insurancebusinessmag.com/us/news/breaking-news/sports-stars-pick-up-insurance-ahead-of-big-money-drafts-68968.aspx
