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Sep

12

Fantasy Sports Insurance: Cover Your Injuries in the Virtual World

Posted by mbrickley | Posted in Uncategorized

Fantasy football, fantasy baseball, fantasy hockey - fantasy sports. Millions of Americans join fantasy sport leagues every season - drafting players from the pros to hype up their teams. So what happens when one of your virtual team members gets hurt in real life? He’s benched, and your team suffers.

Chew on this: How about insurance for your virtual players? This idea is being explored by some attorneys and insurance companies. FSI, or fantasy sports insurance, is a growing trend in the fantasy sports world.

It’s a product that joins several others specifically geared at the $800 million industry of fantasy sports, according to CNN.

Other organizations profiting from the Fantasy Sports craze include LeagueSafe, a company that stores entry fees in a bank until a payout issued at the end of the season; trophy companies; and fantasy dispute resolution, which allows participants to have disagreements regarding leagues settled by an actual lawyer.

Fantasy sports insurance is still relatively new to the industry, but some injury lawyers are already getting involved. For the full story, visit CNN’s fantasy sports insurance story.

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