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Team Sport Insurance

Team Sport Insurance is designed to cover both professional sportsmen and sport amateurs who make up a team. This insurance covers both playing and training activities of a team which turn out to be fraught with danger to anybody's health. Among team sports normally subject to Team Sport Insurance are basketball, volleyball, football, soccer, hockey, baseball, track-and-field events and some others. Most of these team sports are contact, and even if they are not, accidents do happen. That is why Team Sport Insurance primarily homes in on providing team players with a financial compensation for healthcare expenses they incur in case of an accident. Companies vary by coverage, but typically Team Sport Insurance policies cover personal injury and death, third party liability, physiotherapy and rehabilitation after the accident resulting in an injury. It should be stressed that general liability coverage under Team Sport Insurance can be provided not only for players, but also for coaches, managers and sponsors.

Some insurance companies may require a team to be registered with a certain sport organization. It is an essential condition of getting coverage. Besides, there are always stipulated limits on the amount of the expenses which will be indemnified under the contract. That is why it is important to get familiar with the policy features and to pay special attention to the policy exclusions.