Our Insurance Comparison Tool allows you to pick the policy that's right for you by comparing every plan offered by Canada's leading providers. At a loss? Our Frequently Asked Questions can explain Sports Liability in greater detail.
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|Cycle by UK General Insurance Ltd||Max Coverage N/A||Min Premium N/A||
|Sports and Entertainment by Miller Insurance Services LLP||Max Coverage N/A||Min Premium N/A||
Frequently Asked Questions(click to expand)
What Is Sports Liability Insurance?
Sports Liability insurance provides comprehensive financial coverage for sport-related activities and businesses. As organizing and playing sports comes with a wide range of potential risks, any insurance needs to be broad and encompassing to be able to cover any eventualities sufficiently.
As there are many components that are involved in sport and sport-related activities some insurers may separate or categorise their Sport Liability offerings:
- Sports business insurance
- Sports coaches insurance
- Sports club insurance
- Sports event insurance
Who Needs Sports Liability Insurance?
Insuring sport can range from covering the organisation of a sporting event to the players participating, and everything in between. This makes the scope of cover quite broad as well as those who require it, including:
- Sports clubs
- Sports facilities
- Sports coaching business
- Individual sports coaches
- Sports event organizers
- Sports participants
- Sports sponsors
- Volunteers at sporting events
What Does Sports Liability Insurance Cover?
Insuring a sporting event can be complicated as there are multiple risks involved. From the safety of a venue, the health of the player and the business aspects of running a team, Sports Liability can have a wide scope of cover. Typical risks covered by Sports Liability insurance include:
- Public liability
- Professional liability
- Third party damage
- Employers’ liability
- Event cancellation
- Sports accident
- Sports equipment
- Spectator injuries
What Is Not Included In Sports Liability Insurance?
While Sports Liability insurance policies aim to be all-encompassing, there is one particular exclusion that is problematic to most relevant policies. If there is an ‘athletic or sports participant’ exclusion then any bodily injury sustained by a person practicing or participating in a sporting event will not be covered.
Some high-risk sports such as motor racing, sailing and flying also regularly appear in exclusion lists. Ensure that any specific sports or sporting activities are included where necessary as well as any details regarding medical fees for sports participants.
How Much Does Sports Liability Insurance Cost?
The price of Sports Liability insurance will be determined from the following:
- Size of the venue
- Location of the venue
- Type of sport
- Number of participants and/or spectators
- Value of the sports club
- Claims history of the sports club or team
We spoke to Neil Felder, a Risk and Insurance Consultant at PROLINK, about the ins and outs of how to insure sports-related businesses from leagues to gyms and beyond.