Health
Life
Loss-of-value Insurance
Loss-of-value insurance policies protect a player’s future contract value from decreasing below a pre-established amount due to a significant injury or illness suffered during the designated coverage period. The NCAA does not offer loss-of-value policies to student-athletes or member college and universities, but schools and student-athletes can purchase the coverage on their own. To assist college athletes, their families and member schools in making their choices, the NCAA has developed educational materials to help guide those decisions.
Loss of Value FAQ Disability
Recently, NCAA staff consulted with student-athletes who have suffered catastrophic injuries and who rely on the benefits provided by this coverage. Their input was used to craft modifications to the policy, which will be available to athletes who have been covered under the catastrophic injury insurance program since August 1998. The catastrophic injury insurance program is designed to provide lifelong coverage to student-athletes who suffer severe injuries and whose medical bills are expected to exceed $90,000. The costs up to $90,000 are covered by a student-athlete’s – or parents’ – personal insurance policy or by an accident policy carried by their school.
Life
Loss-of-value Insurance
Loss-of-value insurance policies protect a player’s future contract value from decreasing below a pre-established amount due to a significant injury or illness suffered during the designated coverage period. The NCAA does not offer loss-of-value policies to student-athletes or member college and universities, but schools and student-athletes can purchase the coverage on their own. To assist college athletes, their families and member schools in making their choices, the NCAA has developed educational materials to help guide those decisions.
Loss of Value FAQ Disability
Recently, NCAA staff consulted with student-athletes who have suffered catastrophic injuries and who rely on the benefits provided by this coverage. Their input was used to craft modifications to the policy, which will be available to athletes who have been covered under the catastrophic injury insurance program since August 1998. The catastrophic injury insurance program is designed to provide lifelong coverage to student-athletes who suffer severe injuries and whose medical bills are expected to exceed $90,000. The costs up to $90,000 are covered by a student-athlete’s – or parents’ – personal insurance policy or by an accident policy carried by their school.
