Post by cjeagle on May 26, 2012 0:59:01 GMT 8
FIFA authorizes first insurance policy for international injuries
MIKE COLLETT, Reuters May 26, 2012 12:24am
BUDAPEST - FIFA's new insurance policy will cover players injured on international duty and provide clubs around the world with a maximum annual payout of $9.7 million per player, delegates at the FIFA Congress were told on Friday.
The payouts for any injured player will vary from individual to individual depending on the size of their salaries but the maximum daily amount payable on an injured player will be $27,000 a day, FIFA's secretary general Jerome Valcke told delegates.
The policy will cover an injured player for a maximum of one year.
Valcke said a maximum of $91 million would provide cover from Sept.1 this year until the policy ends on Dec.31 2014.
"This is very important, it is a significant step forward," Valcke told delegates at their meeting in the Hungarian capital.
The agreement ends a long-running dispute between FIFA and clubs, who have complained for many years that FIFA should implement cover for when their players are injured on international duty and cannot play.
With the cover beginning in September, European soccer's governing body UEFA has said it will provide its own insurance for players at next month's European Championship in Poland and Ukraine. — Reuters
Hopefully this helps alleviates the concern of clubs worldwide including those in the UFL, when they lend their players to the national teams, although from what I have heard medical insurance in the Philippines doesn't work the same way as they do in other countries.
I don't think the UFL even has a universal medical insurance program for their players. The owners just pay out of pocket if somebody is injured from what I understand. However, this begs the question of whether a particular owner is more generous than others and whether they cover the extended medical costs include rehab, like they do in the US. Can anybody clarify this?
MIKE COLLETT, Reuters May 26, 2012 12:24am
BUDAPEST - FIFA's new insurance policy will cover players injured on international duty and provide clubs around the world with a maximum annual payout of $9.7 million per player, delegates at the FIFA Congress were told on Friday.
The payouts for any injured player will vary from individual to individual depending on the size of their salaries but the maximum daily amount payable on an injured player will be $27,000 a day, FIFA's secretary general Jerome Valcke told delegates.
The policy will cover an injured player for a maximum of one year.
Valcke said a maximum of $91 million would provide cover from Sept.1 this year until the policy ends on Dec.31 2014.
"This is very important, it is a significant step forward," Valcke told delegates at their meeting in the Hungarian capital.
The agreement ends a long-running dispute between FIFA and clubs, who have complained for many years that FIFA should implement cover for when their players are injured on international duty and cannot play.
With the cover beginning in September, European soccer's governing body UEFA has said it will provide its own insurance for players at next month's European Championship in Poland and Ukraine. — Reuters
Hopefully this helps alleviates the concern of clubs worldwide including those in the UFL, when they lend their players to the national teams, although from what I have heard medical insurance in the Philippines doesn't work the same way as they do in other countries.
I don't think the UFL even has a universal medical insurance program for their players. The owners just pay out of pocket if somebody is injured from what I understand. However, this begs the question of whether a particular owner is more generous than others and whether they cover the extended medical costs include rehab, like they do in the US. Can anybody clarify this?