The most popular types of athletics insurance are travel insurance and accident insurance. Travel insurance is an insurance policy for traveling to foreign countries. It is needed not only to cover the expenses for treatment of diseases and injuries sustained during sports competitions that take place abroad.
Such insurance is often required for applying for a visa (it is necessary for Schengen Area). Therefore, without this insurance policy, it is often impossible to get access to international athletics competitions. Accident insurance is valid not only while staying overseas, but also in home country.
The most popular type of athletics insurance
In sports generally and in athletics in particular, no one can be completely protected from sustaining injuries and further treatment, which is often rather expensive. And special accident sports insurance can defray unforeseen expenses needed for treatment of injuries and provide insurance payouts prescribed in the contract, depending on the severity of injuries followed by temporary or permanent disability. Sports insurance differs from standard accident insurance by the contract terms and conditions, as it covers the duration of intense sport activities and takes into account increased risk of injuries.
Athletics insurance can be purchased both with a permanent insurance period and with special insurance period for the duration of certain sports competitions. The contract includes the amount of the insurance tariff, the nature of injuries that can be sustained while doing sports and, accordingly, the amount of insurance payouts for each of insurance cases.
The advantages of sports insurance for athletics are obvious: it allows you to receive compensations for expenses you are forced to spend on treating injuries. It also provides the athletes and their relatives with legal protection during sports competition or another period (usually throughout a year). Moreover, you can now apply for insurance online. It is an easy and quick procedure which allows you to skip bureaucratic nuances.