
06-23-2009, 02:16 PM
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Loves Buckeye History
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Join Date: Apr 2004
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SI.com
Quote:
Protective insurance policies now norm for top college prospects
After deciding to return to Ohio State, guard Evan Turner took out an insurance policy to protect him from a career-ending injury.
AP photo
When Ohio State guard Evan Turner decided not to enter this year's NBA draft and return to Columbus for his junior season, Turner's former club coach, Mike Mullins, made only one request: Buy an insurance policy. "He said if I didn't have one, he'd kill me," Turner recalled.
So about a month ago, Turner bought a policy through a program run by the NCAA that will pay out should he suffer a career-ending injury and never make it to the NBA. That helped the likely 2010 first-rounder eliminate any nagging worries as he prepares to play for Team USA in the upcoming World University Games and lead the Buckeyes to the NCAA tournament for the second consecutive season. "It's just a little comfort," Turner said.
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Using a private agent, a player can expect to pay $9,000-$10,000 per $1 million of coverage, Lerner said. In other words, a $5 million policy would cost $50,000. Juanita Sheely, the NCAA's assistant director for travel and insurance, said a $5 million policy through the NCAA's Exceptional Student-Athlete Disability Insurance Program would cost between $25,000 and $28,000. "It's a benefit for the student-athlete," Sheely said, explaining the lower premium. "It's not a profit center for the NCAA."
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