Thursday, May 12, 2011

UFC, Strikeforce Fighters Get Training Insurance Coverage

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Lorenzo FertittaNearly 350 fighters under contract with the UFC and Strikeforce will now have access to accident insurance to cover injuries suffered in training as well as non-training incidents such as car accidents, Zuffa, the owner of both promotions, announced Monday.

As independent contractors, fighters were covered by event-related insurance for injuries suffered in bouts, but did not previously have coverage for injuries suffered while training for fights.

The new policy adds medical life insurance and dental coverage for fighters, with Zuffa paying 100 percent of the premiums.

?Our athletes are some of the very best in the world and we?ve committed significant financial resources to provide them with insurance that complements the gold standard we have set for event-related coverage,? UFC Chairman and CEO Lorenzo Fertitta (pictured) said in a release. ?We?re pleased to provide coverage that enables our athletes to seek and receive treatment for injuries sustained while preparing for bouts.?

?As this sport continues to grow, we have been working hard to secure additional insurance coverage so that our athletes can perform at the highest levels,? UFC President Dana White said. ?We?re proud to give our athletes access to this type of insurance.?

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Source: http://mmafrenzy.com/18442/ufc-strikeforce-fighters-get-training-insurance-coverage/

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