Quote:
Originally Posted by Saul Good
Of course, but anything that reduces the premiums is going to involve assuming more of the risk. I don't think the policy would be necessary.
|
Insurance use should generally be limited. For example, insuring the early years may be preferable as you could potentially get a lower rate (I would assume a younger player would be at less risk for injury in an actuary's mind). Later years will be less important to insure because you have increased payroll flexibility, inflation, etc.