Risk & Business Magazine Benson Kearley IFG Spring / Summer 2017 | страница 26

SPORTS PROTECT
Sports Protect
POWERED BY BENSON KEARLEY IFG
I
t is no secret that Canadians take
their athletics seriously. Many of
us grew up playing sports year-
round and have continued to do
so into adulthood.
Health and fitness have transformed
from pastime activities to lifestyle
activities and as a result, the number
of training facilities, specialized
trainers, teams, sports equipment
manufacturers, retail sports stores,
and sports leagues and associations
have all increased dramatically.
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Recognizing this trend in terms of the
inherent risks faced by sports-related
businesses, Benson Kearley IFG has
developed Sports Protect.
Sports industry risks are complex. An
equipment manufacturer is interested
in sufficient product liability coverage,
while training facilities need to ensure
participants are properly protected.
What if a trainer is seriously injured
while working and does not have WSIB
insurance? Is retail stock covered
at purchase price or selling price? Is
a supplier’s product covered while
warehoused at the buyer’s location?
These are concerns that often go
unaddressed until a loss occurs. So it
is important to understand your risks
and how your insurance coverage will
or will not respond.
If you run a sports-related business
and you need to up your insurance
game, please contact us for more
information about our unique offering.
Sports Protect, powered by Benson
Kearley IFG, 1-800-463-6503