General liability insurance policies protects the team, league, coaches and staff members against legal defense costs for any lawsuit that may arise because of causing a bodily injury or damage to property of third party by the sports authority or by the player due to the negligence.
The following is the list of some sports which are covered by the general liability insurance policy. archery, badminton, basketball, bowling, cheer leading, cross country, touch football, fencing, field hockey, golf, handball, inline skating, rowing, swimming, tennis, track, volleyball and weightlifting.
The coverage of this policy is applied in cases of:
The following is the list of some sports which are covered by the general liability insurance policy. archery, badminton, basketball, bowling, cheer leading, cross country, touch football, fencing, field hockey, golf, handball, inline skating, rowing, swimming, tennis, track, volleyball and weightlifting.
The coverage of this policy is applied in cases of:
- An injury is caused to participants, volunteers, and spectators
- Damage caused to rented premise
- Use of fields or practice areas
- General negligence
- Incidental medical malpractice
- Cost of investigation and defense of claims (even if they are groundless)
- Includes coverage of athletic participants
It is very important for a sporting authority to know about the general liability insurance policy providers and they should also consider amount of coverage needed by them, the financial stability and the history of the provider in paying the claims on time, policy premiums, and at same time they have to consider their own financial status.
In the past, liability coverage for sports was either too limited or too costly or not available at all. Individuals used to pay high insurance premiums which gave them the less cover. In present day world, there are many competitors who are providing best coverage at least possible rates.
The manager has to buy the liability insurance policy that covers the cost of legal action against the organization itself, as well as its directors, officers and volunteers.
In the past, liability coverage for sports was either too limited or too costly or not available at all. Individuals used to pay high insurance premiums which gave them the less cover. In present day world, there are many competitors who are providing best coverage at least possible rates.
The manager has to buy the liability insurance policy that covers the cost of legal action against the organization itself, as well as its directors, officers and volunteers.
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