NFP launches program to guard in opposition to sports activities tuition loss

NFP Launches Bodily Schooling Loss Safety Program | Insurance coverage Enterprise America

New program affords exercise payment refunds

insurance coverage information

By Steven Byerley

Property and casualty insurance coverage dealer NFP has introduced the launch of the Sports activities Tuition Expense Safety (STEP) program.

This system affords exercise payment refunds to households if their kids are unable to take part as a consequence of harm, sickness of the participant or an in depth member of the family, or if the household has to relocate.

Registration for the STEP program is open to people and groups by way of NFP’s Sports activities and Leisure Group.

In accordance with Leigh Ann Rossi, chief working officer of NFP Sports activities and Leisure, the STEP program is designed to supply protection that enhances the expertise for individuals.

“A household’s monetary obligations don’t go away when a toddler suffers an harm and has to sit down out,” Rossi mentioned. “STEP ensures security, removes the stress to place an athlete again in motion early and ensures golf equipment have the required funding for teaching, services and occasions.”

NFP’s Sports activities and Leisure Group’s prospects embrace skilled sports activities organizations and leagues throughout North America, particular person sports activities franchises and practically 12,000 skilled athletes. NFP additionally serves because the governing physique for collegiate sports activities and has over 500 schools and universities and greater than 2,000 secondary/Okay-12 colleges beneath its path.

“There are a number of challenges concerned in creating nice sports activities experiences for youngsters and their households, together with monetary issues,” mentioned LaFontaine. “It was nice to work with the NFP crew on an answer that helps households whose kids are injured or unwell by minimizing their monetary burden.”

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2023-06-02 10:20:00