Liberty Mutual will insure all the medals to be won by US athletes competing in the 2016 Olympics and Paralympics in Rio de Janeiro, Brazil.
Through an insurance policy with the US Olympic Committee, Liberty Mutual will ensure that the athletes will not be financially responsible in replacing lost or stolen medals.
“For Team USA athletes, a medal is the ultimate reward for their hard work and training, and they deserve to have peace of mind that should anything happen to it, there is someone standing with them,” said Melanie Foley, Liberty Mutual Insurance executive vice president.
Having the insurance policy will make athletes worry less, Olympic gold medallist and judoka Kayla Harrison commneted, since carrying medals while travelling may be a worry:
“Travelling with my medal can be unnerving at times because it’s something I would never want to lose, but knowing that Liberty Mutual Insurance is standing with me puts me at ease as I head into Rio trying to defend my Olympic title.”
Liberty Mutual also insured the medals of US athletes during the 2014 Winter Olympics in Sochi, Russia.
This year, Team USA hopes to top the Olympic and Paralympic medal table and surpass the 374 medals it brought home from the London games in 2012.
