Touring sports team could face large costs if proper coverage isn’t obtained

Losing an international game on a team tour is not the only risk players face, according to Lloyd’s.

A touring team requires insurance for medical expenses (including emergency assistance) cancellation and delay, personal liability and baggage, the company notes in a Market News report, Play Sport, Will Travel.

While the most obvious risk a player will face is being injured while playing, but some general insurers will actually exclude claims that result from playing the sport, Lloyd’s says.

Furthermore, not only does the injured player require medical attention, there could exist the need to call another player up to fill the void. This contingency can be covered.

Some sports are harder and more expensive to insure, Lloyd’s reports.

Any sports with an impact issue – whether that be a sport such as rugby or basketball where players impact each other, through to cycling where impact is with the road,” Murray Anderson, syndicate underwriter at Lloyd’s specialist Sportscover, said.

“Risk of injury is of course substantially higher in these sports.”