How much does sports insurance cost for professional athletes?

Answer 1

There are a number of things which can affect the cost of sports insurance for professional athletes. Some of these are: which sport is being played, how much the policy is for, and how dangerous a particular sport may be. For instance, football is considered a higher risk than tennis for sports injury. Other factors may include the deductible involved in a particular policy. In general, sports insurance coverage is very risky, and the cost of such insurance is often higher than the payout.. On average this cost for insurance is $1.2 million dollars per $1 million of coverage.