An active lifestyle
Millions of people around the world, from all age groups, are fond of joining various sports like basketball, baseball, football, soccer, and even combat sports like mixed martial arts and Karate. People are joining these sports because it keeps them active and healthy. However, this active lifestyle is not without its own disadvantages. When you join a particular sport or two, like baseball or soccer, you are prone to injuries common to the sport. For example, it is not common for baseball pitchers to suffer from tendonitis or for soccer players to get torn ACLs. It’s one big irony to think that sports can keep us healthy and unhealthy at the same time.
Health is wealth
When it comes to playing sports, your health should be your biggest concern. Although it is still about the fun and excitement, one should still learn how to protect themselves from harm. When we get injured, we always face the dilemma of “WHO SHOULD PAY THE BILLS?” because majority of us are not oriented if our insurance policies cover sporting injuries. Sprains and fractures may be minor and treatable, but they still cost money. How much more could you spend on healthcare if you broke your neck while practicing BJJ?
Insurance can protect you
Believe it or not, insurance policies can, or should, cover sporting injuries. According to insurance executive Courtney Rogers, there are different kinds of insurance that will help you pay for your injuries. For starters, it can cover medical expenses; this may or may not include medications, doctor’s professional fee, lab tests, etc. You can also get your money reimbursed by applying disability or dismemberment insurance. For long term injuries, you may want to look into long-term care insurance. Apart from insurance, liability should also be considered if you were injured because of someone else’s negligence.
What you need to know
For high-risk sports, like scuba diving or mountain climbing, most insurance companies require you to sign a waiver of coverage. This is an agreement between you and the insurance company on limiting your coverage on the injuries that you acquire from the said sport. Worst case scenario, they won’t pay for your medical treatment if you break your spine or suffer a serious injury. However, if you feel unsafe with a waiver of coverage, you can always opt to purchase an insurance plan without the waiver. Please note that insurance policies without a waiver can be more costly.
If you had existing injuries before you got an insurance policy, you will not be compensated for the treatment of your injuries. Only the injuries that you acquired after getting an insurance policy will be covered. The good news here is that there are some insurance policies which will help pay for the treatment of your pre-existing conditions, but you need to wait for a few weeks or months.