California Health Insurance Quotes and Blog

Including Loss of Skill for Top Athletes

Professional Athletes Disability Insurance is designed to guarantee the benefits of the athlete’s contract, or protection for young players before being drafted into the professional leagues. Many sports do not guarantee the benefits to the player for longer than the current contract year. If the player is injured and is not able to make the cut during the pre-season their contract may be waived. Matt Lockard’s Insurance Services can show you a disability insurance plan for professional athletes that offers benefits that are structured based on the player’s contract or their income and the type of sport.

For more information contact Matt Lockard at 866-861-0477

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Loss of Future Earnings

A professional athlete can anticipate income levels and probable playing time. A disability can affect the level of income to be earned in the future and a disability can shorten the career period. As an example, an athlete has no income assurance beyond the term period of the present contract. This plan can insure an income should disability shorten the expected career period.

Contract Completion

The loss of an athlete by disability puts the team in double jeopardy. Revenue may slip and the team must continue to pay the non-performing athlete. These plans can insure the contracted compensation to the athlete, thus relieving the team of that financial burden.

Loss of Endorsements

Endorsement income and fees continue to flow as long as the public remains a fan of the athlete. A political statement, a drug involvement, a drunk arrest, a public relations goof, and the advertiser/endorsers pull back from sponsorship. This loss is also insurable.

Cost of Agents/Managers

During periods of disability, it is in the athlete’s best interest to continue the use of agents and managers to keep the athlete’s value as an athlete and as a product spokesperson keenly in the minds of those who contract for their services. These costs can be insured.

College Draft Protection

Talented athletes may decide to stay in school rather than take early entry into the draft. There is a risk of sustaining a career ending disability during the final college years. These plans are available to insure the future value of a professional career.

When Johnson Mandingo was disabled and had to take a leave of absence from his Oxnard-based job as a high-priced male escort, California Health Insurance Agent Matt Lockard had his disability plan ready for him when he needed it most.

The narcissistic bachelor Johnson Mandingo resembled George Clooney and Brad Pitt rolled into one handsome thirty-seven year old. His Adonis-like physique was also striking. Although he’d been an occasional stripper at parties in his younger days, a recent stint with “Guys ‘R Us,” the Oxnard-based but borderline-legal escort service, was steadier. His favorite pastime had been staring at himself in mirrors, often for hours, sometimes while clothed. But since the unfortunate penile injury he’d lacked confidence and performed poorly in the workplace, even shying away from familiar mirrors, so they’d laid him off. Employment at a Gold’s Gym hadn’t worked out either. He’d been caught trying to escort well-heeled lady members, and lacking his former confidence, drew complaints, so he’d gotten himself fired. He needed income fast or else he’d lose his Malibu digs. If he became gaunt and underfed, he’d lose his treasured physique to boot. Suddenly he realized that about a year previously, he’d purchased something from a one-time lodge brother named Matt Lockard. Was that insurance still in effect? Johnson picked up the phone, a tiny bit hopeful.

“C’mon over,” Matt told him upon realizing that a grown man was on the verge of tears after telling his sad story, “I think I can help.”

Johnson drove to Matt’s office cautiously, ignoring his reflection wherever his glances landed. Maybe, just maybe.

“Hi Matt,” he said with a hangdog look, brushing Pitt-like bangs out of his eyes, and staring at the innovative and resourceful California Health Insurance agent while flashing his deep-set “Ocean Eleven” baby blues that made even cynical women swoon. Matt wasn’t swooning, although he found the guy’s stare disconcerting. Once again, the agent listened patiently. Matt’s uptake seemed miraculous to Johnson a few minutes later when “the plan” was actually in force, effective, and viable.  ”Yup, you’re enrolled,” Matt explained, “So you’ll get your first disability insurance check next week sometime.”

“You’re a lifesaver man,” Johnson said, his confidence returning. “Is there a mirror around here?” he asked.

For more information about Disability Income or if you want a quote for a Disability Income policy contact us frome our California Health Insurance site.