Do Youth Sports Leagues Need Accident Medical Insurance?

Accident Medical Insurance also has many other names within the insurance industry: Accident Medical Coverage, Secondary Medical, Excess Accident Medical Insurance, Participant Accident Insurance, and Participant Excess Accident Medical Insurance, to name just a few. But at the end of the day, these all essentially do the same thing. Are you confused yet? Let us help.

In layman’s terms, Accident Medical Insurance pays medical bills on behalf of injured participants, usually on an excess basis, sometimes primary, but always subject to the policy terms and conditions as well as the state of injury.

Still not clear enough? Let’s break that down even further.

This additional, recommended coverage complements general liability insurance so that parents, guardians, and organizations can feel safe and protected while their children are active in sports, especially contact sports. As Chris Price, Program Manager of ESP Insurance Brokerage, always says: “We tell all our youth sports clients across the board the same thing. This is where you want to spend your money in terms of protecting the most important asset in your program: the youth participants!”

Accident Medical Insurance mostly covers a participant’s medical bills on a secondary basis. ESP Specialty provides limits from $25,000 – $1,000,000 depending on your organization’s risk tolerance with a deductible usually around $250.00. Most Accident Medical policies have a benefit period (usually 52 weeks, sometimes longer) where incurred bills will be paid from one year from the date of the injury.

What is Secondary Medical Coverage, and how does it work? These accident policies provide coverage that is excess, or secondary, to existing family health insurance. If there is no existing family primary health insurance, the Accident Medical policy becomes the primary coverage subject to deductibles. If the existing family health policy does not cover all the bills, the Accident Medical policy can fill in the gaps subject to deductibles.

Some, if not all, Accident Medical policies carry Accidental Death & Dismemberment Coverage (AD&D). Common AD&D limits range from $5,000 to $15,000. This benefit is paid in the event of accidental death or loss of sight, hearing, limbs, etc. Of course, this coverage ideally wouldn’t be needed – but insurance is always a “just in case” policy that helps provide peace of mind.

When you run a league, club, or team that involves youth participants playing sports, you will want to protect them and yourself with a reliable Risk Management Program. Accident Insurance for participants not only provides peace of mind for potential medical bills; it can also relieve your organization of unnecessary lawsuits when a participant gets hurt. This additionally helps keep general liability premiums at a reasonable cost year over year. Excess Participant Accident Insurance can also minimize the chance of reputational damage and bad press.

Interested in protecting yourself with a comprehensive, customized insurance plan? This is why over 3,000 organizations have chosen ESP Specialty for their insurance needs. Let us help you design a plan for your needs. Go Ahead, We Have You Covered!