Sports Insurance Blog » corridor deductible http://www.sadlersports.com/blog Sports Insurance Risk Management Advice and Commentary on Current Topics of Interest Tue, 31 Jan 2012 19:13:26 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Deductibles Under Sports Accident Insurance Policies http://www.sadlersports.com/blog/index.php/2009/02/25/deductibles-under-sports-accident-insurance-policies/ http://www.sadlersports.com/blog/index.php/2009/02/25/deductibles-under-sports-accident-insurance-policies/#comments Wed, 25 Feb 2009 13:00:58 +0000 admin http://www.sadlersports.com/blog/?p=402 Accident insurance deductibles for sports and recreation organizations commonly range from $0 to $500 per claim.
 
Accident Deductibles can result in significant premium savings.  For example, going from a $0 to $100 deductible may result in a 20% discount on many Accident policies.
 
Reasonable deductibles on Accident policies can be beneficial to sports organizations; however, it should be explained to participants and/or parents that they are responsible for paying the deductible out of their pocket. 
 
There are two types of common Accident deductibles under an Excess Accident policy: corridor and disappearing.    A corridor deductible applies even if existing family health insurance has made payments on a primary basis.  On the other hand, a disappearing deductible is satisfied to the extent that existing family health insurance has made payments.
 
Source:  John Sadler
 
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