Jeffery Meyer quoted in “Loss of Value Policies Face First Test,” Risk & Insurance
Loss of value claims by NFL draft prospects should expect challenges in collecting.
By Tom Starner
(June 6, 2014)
Top NFL prospects have much to lose should a college-borne injury cause their projected spot in the league’s annual draft to take a significant tumble.
If you combine that possibility with the commercial insurance marketplace, the result is the Loss of Value policy — a one-time coverage product that could climb into the millions and is created specifically to protect elite athletes from lost wages…