Athletes, just like
the sports they play, vary widely by performance, earning potential, and
risk factors.
At IDU, Inc. we
understand the complexity and uniqueness of athlete’s insurance needs in
both the professional, collegiate, and amateur levels. For
these diverse needs, we offer a suite of different insurance products
securing risks such as: contract indemnification, income protection, loan
& sponsorship agreements, and much more!
Types of Coverage:
·Draft
Protection
·Temporary
Disability
·Permanent
Disability
·Contract
Guarantee
·Future
Contract Valued
·Death,
Disgrace & Disability
Target Markets:
·Top
Round Draft Picks
·Coaches,
Managers & Referees
·Basketball,
Baseball, Football
·Hockey,
Golf & Tennis
·Miscellaneous,
Extreme & Amateur Sports
By leveraging IDU’s dedicated and
knowledgeable sports unit, our Brokers and Agents are able to offer
comprehensive, superior solutions to all their client’s in this niche
market space.
The inherent nature of this industry
requires these individuals to constantly be at the top of their game, and
often with large sums on the line, making the risk of loss due to a death
or disability that much more significant.
Give these important client opportunities
the white-glove handling they deserve by utilizing IDU, Inc.’s consultative
sports expertise!
Real Life Solutions
High-Limit
Personal Income
A championship
Pro-Golfer is gearing up for a season comprised of several national
tournaments to include the PGA. To protect their projected prize earnings
the player purchases a high-limit disability policy from IDU which pays out
a weekly benefit in case a Temporary Disability prevents them from
participating in events; the policy also includes a $20,000,000 lump sum
benefit should this player suffer a catastrophic permanent disability
causing them to never be able to professionally compete again.
Loan Protection:
Death, Disgrace & Disability
A Professional
Football Player seeking income continuation will be taking out an off-season
loan, however before the agreement can be finalized the lending agency
requires insurance benefits to indemnify them should the player lose their
team contract, eliminating their income and ability to pay back the loan
obligation. The Player’s financial team helps him secure a Death,
Disgrace & Disability Policy through IDU that will be owned and paid
for by the player with the bank as named beneficiary.
Even Entertainers Need Income Protection in
a Pandemic...
Although we see our favorite stars and
A-list celebrities as untouchable, a drastic loss of income for these
clients can feel confining and traumatic compared to their luxury
lifestyle. Income protection insures people’s paychecks against a
disability, this protection also pertains to actors, musicians, models,
broadcasters, producers, directors, and others in the entertainment industry from lost income due to an inability to perform.
International
Disability Underwriters provides a variety of coverage options to help
protect entertainers and entertainment companiesfrom such losses,
including losses caused
by cancelled
events, lost endorsement
deals and many more potential scenarios.
Entertainers,
studios, and performance companies can purchase similar coverage that
professional sports teams and athletes use
to protect themselves in the event a sports star is incapacitated due to
accident, injury, or illness.
Roll Out the Red Carpet & Insure Your
Clients Talent Today
Types of Coverage:
·Income
Protection
·Key
Person Disability
·Contract
Guarantee
·Contractual
Protection Insurance
·Death,
Disgrace & Disability
·High
Limit Accidental Death
·Event
Cancellation
Target Markets:
·Actors
/ Performers
·Authors
/ Writers / Journalists
·Directors
/ Producers
·Music
Industry Professionals
·Film
& Theater Industry
·Agents
& Business Managers
·Event
Promotors
·Venue
Operators
Real Life Solutions
Personal Disability
Income Protection:
A new, popular
Musician receives a contract to appear on a reality talent show which will
bring in a seven-figure payday. In order to protect this contractual income
as well as their historical earnings from performances and records, the
Musician purchases a personal disability income protection policy
with a monthly benefit of $50,000 paid out over 36 months,
followed by a lump sum of $1,200,000. This policy, with a total
aggregate of $3M, will protect the client in both the case of a
temporary as well as a permanent, catastrophic disability.