Insuring athletes’ legs … and arms … and hair?
By John Fonville on May 9, 2012 at 10:08 AM
Posted in: Odds & Ends
Sports injuries are common, especially for pros. So common, in fact, that some athletes insure the body parts that helped propel them to fame — like soccer player David Beckham’s legs. One Australian cricket star even insured his iconic bushy moustache!
But how necessary is body-part insurance? GEICO Now talks with two sports agents to find out.
Read about it at geiconow.com and tell us what you think.
:::shakes head::: Now the world has gone TO the birds….. this is ridiculous. Why “ensure” something that you know is going to wear out? Seriously? It’s called getting old! :::smh:::
Uh Go-Girl you realize that happens to cars too?
Oh come on guys! You don’t need insurance for your body parts! You already get paid a zillion times more than us normal folks!
understandable….thats their lively hood at stake.
I think its a great idea. Thats how they make their $$$$. We would hate for our car to be involved in an accident and not be insured same with their body parts. Kind of like having health insurance to help with paying for your diabetes meds or cancer treatments.
Remember Go-Girl, normal wear and tear are not covered.
haha
Return Of Premium is a bad deal. Ask for a rate comparison of the podurct without ROP versus with ROP. Then, take the difference and invest it yourself instead of with the company. ROP is a fancy gimmick to make life insurance seem like a good deal. If your agent is PUSHING this idea, find a new agent fast!At age 28, your odds of dying within the next 30 years is very slim. Therefore, every premium dollar you give the company is pure profit. Your ROP premium is added profit.Life insurance is only necessary to protect your spouse or children should you die prematurely. Your children do not need insurance protection once they graduate from college, unless they are disabled. 30 years is too long. Think about getting a 10 to 20-year policy.