Sports Accident Plans
Academic Risk Management's Sports Insurance Program pays hospital, surgical and
medical expenses incurred due to accidental injury during the practice and play of
scheduled, sponsored and supervised events including travel to and from venues. The
school is able to choose from a variety of limits and deductibles and in the process
meet any budgetary cost constraint that might exist.
Buying insurance is the process of transferring risk that you cannot afford, or
choose not to accept. On the other hand, some risks are so small that you can
retain or accept full responsibility for the potential loss. When you share the
risk, both financially and administratively, this type of insurance will be written
with a Self Insured Retention or Deductible to reflect your share of the risk. Then,
when a loss occurs, you pay the retention or the deductible and our insurance company
will pay the balance of the loss subject to policy limits and terms.
When financially viable, this approach can work to decrease your insurance costs
by reducing administrative expenses and putting you in the position of being the
beneficiary of good experience when you succeed in controlling your losses. We
will carefully review your loss history and make recommendations relative to the
most cost effective combination of self insurance, deductibles and insurance protection.
When you package this type of insurance with the Accident and Health insurance
you increase your leverage when purchasing insurance. Unfortunately, few insurance
companies are able to write the Special Risk Accident and Health coverage which
schools require. Fortunately, ARM is unique in that we are able to underwrite all
of these specialized coverages. With its partners ARM is able to handle the following:
Specialty Program Features
Academic Risk will tailor a program to complement your sports medicine staff
services and balance your coverage needs and cost constraints. Certain features
considered optional by our competitors are standard for us.
All programs automatically include:
|Off season training programs|
|Early athlete arrival|
|$25,000 Accident medical limit|
|$10,000 Accidental Death & Dismemberment limit|
|Managers & coaches covered|
|HMO & PPO supplement for students out of network area|
|Expanded medical benefit to cover strains, misuse, overuse and similar conditions.|
|Integration with student accident or health policies|
|Various deductible limits|
|Aggregate policy limits to $5 million|
For complete details, please contact our office
at 888-308-7320 or email us at firstname.lastname@example.org
Academic Risk Management continues to excel in the student insurance industry
because of its commitment to exceptional client service and sound business
practices. We appreciate the opportunity to represent your school and will
continue with our commitment of "Insuring Tomorrow's Leaders".
Academic Risk Management, Inc.
1005 Glade Road
Colleyville, TX 76034-1605