 |
|
|||
|
|
AGENTS & BROKERS ONLY |
|
Other Sports & Recreation Insurance Programs |
Deductibles Under Sports Accident Insurance PoliciesAccident 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
Copyright 2004-2009, Sadler and Company, Inc. All Rights Reserved
|
Sadler & Company, Inc.
P.O. Box 5866
Columbia, SC 29250-5866
Phone: (800)622-7370 Fax: (803)256-4017
Send Us An Email
Copyright Notice Legal Notice Privacy Policy
DBA/AKA Sadler Insurance Agency in CA License #0B57651
Sadler & Company of SC, Inc. - Arkansas (Lic. #254179)
Sadler Agency - New York (PC-532473,LA-532473 and BR-532473)
Sadler and Company - Vermont (License #577)
DBA S&C Agency, Inc in KY (Lic. #624039)
Sadler and Company, Inc. in MN (Lic. #20499566)
S&C Agency, Inc. (Sadler & Company, Inc.) in OH (Lic. #33890)
Sadler & Company Insurance Agency, Inc. in UT (Lic. #105192)
1997-2012 Sadler & Company, Inc. All rights reserved.