Published: 02-Apr- 2007 | Product Category: Other
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This insurance is designed to protect management companies' financial interest in an athlete/client against financial loss due to death or disability. Frequently, a sponsor, promoter, or team's fortunes are tied to a particular "superstar," without whom an activity may lose its appeal. This coverage is available to compensate the sponsor, promoter, or team when the loss is due to death or disability.