Footballer insurance – The Need
Footballers are fortunate in that they are able to make a living doing something they love. However, like everybody else, they rely on receiving a regular income to maintain their standard of living, pay their rent or mortgage and look after their family.
Football is a physical game and players have to remain at peak fitness to perform to their own and their club’s required standard. A serious injury, therefore, can result in a player being temporarily or even permanently unable to play, i.e. do their job. This will often result in a reduction in income or possibly income ceasing altogether.
Footballers Insurance provides financial protection in the event that income reduces or stops due to injury, illness or death. Temporary Disablement Cover is designed for periods following injury when the recovery process requires the footballer to stop playing for a while. Permanent Disablement Cover is designed for when a footballer receives a ‘career ending’ injury.
The purpose, therefore, of Footballers Insurance is to take away the financial worries associated with injury, leaving the player to focus on recovery.
