Loss Of Value Insurance Can Mean A Safer Future
College athletes with their eyes on going pro must make decisions every day about how they can keep their bodies in good shape and good health to maximize their long-term success and earning potential. Every sport comes with a risk of injury, and this is especially true of football.
Since the 1990s, athletes have been taking out disability insurance to protect themselves from financial harm in the event of an injury that puts them on the sidelines for an extended period or ends their careers altogether. More recently, athletes’ insurance options have gotten more complex. In addition to disability insurance, more and more athletes now take out “loss of value” insurance to compensate the athlete if an injury at the college level threatens his draft placement or other aspects of his future professional career.
This is an emerging area of the law, so it’s important to work with a lawyer who knows what he is talking about. At the Law Office of Matthew T. Valeriane, PLLC, we are committed to helping athletes earn the compensation they deserve under these insurance policies.
Bringing Clarity To A Complex Process
Loss of value insurance can be a good investment for some players, especially when their college pays for the premiums. But critics say it can also be a waste of money, since the benefits are so seldom collected. There’s no telling, though, when a significant injury or illness can derail a career.
If you are thinking of taking out a policy, we can help you decide if it’s the right move based on your circumstances. And if you already have a policy, we will work hard to make sure that your insurer meets their responsibilities in the event that you are injured.
Make A Plan For Your Long-Term Financial Interests
Athletic talent is a valuable asset, but every time you step onto the field you are putting your body and your career at risk. At the Law Office of Matthew T. Valeriane, PLLC, we can help you manage that risk. Get more information at an initial consultation. To set up a meeting with attorney Matthew Valeriane, call 972-619-5951 or send us an email.
From our offices in Dallas, Plano and Fort Worth, we serve clients throughout the metroplex and greater Texas. Consultations in Plano and Fort Worth are by appointment only.