Many college students play on sports teams for a scholarship, fitness, or the pure love of the game. Simply playing a sport is costly within itself. Expenses seem endless to parents footing the bill for training, equipment, rink/ court time, traveling, and everything else that comes with it.
What many college athletes and parents forget to consider are the plausible injuries and medical bills that may result from these sports. Recognizing these expenses the National Collegiate Athletic Association requires universities and colleges to make sure their athletes have insurance before competing. However the NCAA does not specify a certain amount of insurance, only that it is required.
Many students, athletes or not, remain on their parents insurance, however fail to realize restrictions on them. Some plans exclude varsity sports injuries, out of state or long-distance coverage, and may deny a number of claims. Only those hurt badly enough are eligible to ask for NCAA coverage. This coverage is still very expensive with a $75,000 deductible, that increases to $90,000 after the first year of coverage.
College athletes should check their coverage before competing on the field, rink, or court. Major medical expenses can run a family bankrupt. Student insurance is very affordable and can save many athletes from unmanageable debt. For all young collegiate athletes… either pray you’re lucky enough to be injury free or find at least minimal insurance.