Sportscover offers payment, online training assistance
Sportscover will offer payment assistance and online fitness training coverage to clients facing coronavirus pressures as part of measures agreed with its Lloyd’s syndicate partners.
The underwriter is offering a three-month policy extension without extra payment, in certain circumstances, to enable clients who have paid to gain a full 12-month benefit, while also taking into account a period of downturn.
Clients with renewal payments or renewals due between March 1 and May 31 may also in some cases defer payment until June 30.
Cover will be extended to online coaching and training courses if a sports group has created a way for members and athletes to receive instruction remotely.
Members would be covered while participating under the direction of an accredited coach, but not if they are undergoing their own private training outside of that.
Sportscover CEO Simon Allatson says the group continues to urge the sports industry to look at working together across disciplines to drive efficiencies and reduce costs.
“The power of sport as an aggregated buying group has not, to date, been sufficiently explored,” he said. “Economic pressures may encourage sports to investigate their options.”