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CLA Summer Series - A Matter of Fairness and Protection: Who Is Looking Out for Student-Athletes When Schools Purchase Disability Insurance For Them
Pepperdine University Entertainment, Media and Sports Law Summer Series
Giller describes ways to protect student-athlete clients through insurance programs and is one of the few attorneys that practices sports insurance. There is an emerging trend in college sports where schools use money received from the NCAA Student Assistance Fund to purchase permanent total disability (PTD) insurance policies, some of which include a loss-of value rider, for high-profile student-athletes to help protect their future earnings. As an outspoken proponent of any student-athlete who is projected to be a top draft pick taking full advantage of school-purchased insurance, this author has become increasingly concerned about who is—and who should be—helping student-athletes understand the intricacies of disability insurance and navigate the inevitable hurdles insurance companies will construct if the athlete ever needs to file a claim for benefits.
1 Participatory MCLE Credits
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