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

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




NFP launches program to guard in opposition to sports activities tuition loss | Insurance Business America















New program affords reimbursement for exercise charges

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Property and casualty dealer NFP has introduced the launch of the Sports Tuition Expense Protection (STEP) program.

The program affords reimbursement for exercise charges to households when their kids are unable to take part as a consequence of damage, illness of the participant or an in depth member of the family, or if the household has to relocate.

Enrollment for the STEP program is open to people and groups by means of NFP’s Sports and Entertainment Group.

According to Leigh Ann Rossi, chief working officer of NFP Sports and Entertainment, the STEP program is designed to supply protection that enhances the expertise for contributors.

“A household’s monetary obligations do not disappear when a toddler suffers an damage and has to sit down out,” Rossi mentioned. “STEP gives peace of thoughts, eliminates the stress to hurry an athlete again into motion prematurely, and ensures that golf equipment have the mandatory funds for coaches, amenities, and occasions.”

NFP’s Sports and Entertainment Group’s clientele contains skilled sports activities organizations and leagues throughout North America, particular person sports activities franchises, and nearly 12,000 skilled athletes. NFP additionally serves because the governing physique for collegiate athletics, with over 500 faculties and universities and greater than 2,000 secondary/Okay-12 colleges below its wing.

“There are quite a lot of challenges in creating nice athletic experiences for teenagers and their households, together with monetary issues,” LaFontaine mentioned. “It has been nice working with the NFP crew on an answer that helps households whose kids grow to be injured or sick by minimizing their monetary burden.”

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