Professional Athlete/Baseball Player Disability Insurance
Apr 1, 2013
Jamie Fleischner

Jamie Fleischner

1 Apr, 2013

Professional Baseball Disability Insurance Policy

Today is opening day in the MLB! Before the season gets into full swing, it is important to protect yourself from a career ending injury with an individual disability insurance policy.

Set for Life Insurance provides professional athletes with policies that pay a lump sum if they become totally disabled.

More information includes:

These plans are used in a number of ways to insure the professional athlete personally or to insure the team of which the

athlete is a member as to the financial losses that result from a disabling accidental bodily injury or sickness. Career

length varies by the sport in which the athlete performs. Exceptionally high earnings are generated in a short time span

making the adequate insuring of the earning potential a primary financial planning process. Here are some of the uses

of these plans:

Loss of Future Earnings

A professional athlete can anticipate income levels and probable playing time. A disability can affect the level of income

to be earned in the future and a disability can shorten the career period. As an example, an athlete has no income

assurance beyond the term period of the present contract. This plan can insure an income should disability shorten the

expected career period.

Contract Completion

The loss of an athlete by disability puts the team in double jeopardy. Revenue may slip and the team must continue to

pay the non‐performing athlete. These plans can insure the contracted compensation to the athlete, thus relieving the

team of that financial burden.

Loss of Endorsements

Endorsement income and fees continue to flow as long as the public remains fans of the athlete. A political statement, a

drug involvement, a drunk arrest, a public relations go of, and the advertiser/endorsers pull back from sponsorship.

This loss is also insurable.

Cost of Agents/Managers

During periods of disability it is in the athletes best interest to continue the use of agents and managers to keep the

athlete’s value as an athlete and as a product spokesperson keenly in the minds of those who contract for their services.

These costs can be insured.

This is a brief description of the insurance provided by this plan.

The Certificate of Insurance is the complete description of coverage.


For a complete proposal for professional athlete disability insurance, contact Set for Life Insurance today!

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