FOR
Club Professionals
Touring Professionals
Teaching Professionals

FEATURING
Worldwide 24-hr. Coverage
Accident and Sickness Coverages

USES
Loss of Future Earnings
Contract Completion
College to Pro Protection
Loss of Endorsements
Costs of Agents/Managers

OPTIONAL
Loss of Image/Endorsement Coverage Available

Monthly Benefits will be paid to the Insured when Totally Disabled. Total Disablement means the Insured's complete and total physical inability to participate in his/her regular occupation. Benefits will begin on the first day following the Elimination Period and pay for each month or portion of a month missed by the Insured, but not for longer than the Maximum Benefit Period.

If injury or sickness results in the Total Disablement of the Insured and such Total Disability commences during the Policy Period and within six (6) months of the date of the accident causing bodily injury, or in the event of sickness within six (6) months of the date such sickness first manifests itself, the Underwriters will pay to the Insured the Monthly Benefit Amount.

RECOVERY, RECURRENT AND SUBSEQUENT DISABILITY:
If the Insured returns to play after a period of Total Disablement for which benefits were received, and is able to participate in the Regular Season, a Total Disablement commencing thereafter will be subject to a new Elimination Period. If the Insured suffers a recurrence of Total Disablement during the Policy Period as a result of the same Accidental Bodily Injury or Sickness or Disease, such recurrence will be deemed part of the prior disability for the purposes of satisfying the Elimination Period.

With regard to any such recurrent or subsequent disability as insured, the Underwriters will pay the monthly benefit only for the unused portion of the maximum benefit period not previously exhausted by payment of monthly benefits due to any prior disability or disabilities.

No benefits are payable in the event of participation, or attempted participation after commencement of Total Disability unless first approved a sports medicine Physician.

No benefits are payable if the services in the Insured's occupation are terminated or altered to decrease compensation and/or the period of the contract unless the Insurer is notified and agrees in writing to continue the coverage in force. If the Insured engages in an occupation or activity of greater risk without obtaining the Insurer's permission in writing and paying any additional premium, no claim is payable.

War, act of war, suicide, self-destruction, attempted suicide or self-destruction, or intentionally self-inflicted injuries, while sane or insane; the Insured's own felonious act; death, howsoever caused, disappearance, being under the influence of alcohol, drugs or narcotics unless prescribed for the Insured by a qualified health care practitioner, using any drugs or substances in violation of the rules or regulations of the sports governing body; the use of performance enhancing substance; any practices or activities excluded by the Insured's professional sports contact; conditions of psychotic, psychoneurotic, or epileptic origin; or the Insured spending time in a drug rehabilitation program, or a weight loss clinic or program.

The Principal Sum is payable after the specified elimination period. The Principle Sum Benefit may be taken in a single lump sum benefit or designed to pay lifetime benefits as an annuity of the lump sum.

Eligibility for the Principal Sum Benefit is conditional upon the Insured having been Totally Disabled for the entire Elimination Period and is then determined by competent medical authority to be Permanently Totally Disabled. Total Disability must result from a bodily injury caused by an accident occurring while this Certificate is in force and results in disablement within six months of the date of the accident, or sickness or disease that manifests itself while this Certificate is in force and results in disablement within six months of the date of such manifestation.

This is not an integrated policy! This benefit is payable, in addition to and not reduced by, any other disability benefits provided by this or any other plan.

The Principle Sum Benefit may be taken in a single lump sum benefit or designed to PAY LONG-TERM BENEFITS as an annuity of the lump sum.

An injury is a Bodily Injury only if it is the direct consequence of an Accident and is not the accumulation of a series of accidents or traumas and if it is not directly or indirectly caused by, contributed to by and/or aggravated by any physical impairment, defect, degenerative process or infirmity existing prior to the inception of this Policy. A physical impairment, defect, degenerative process or infirmity exists prior to the inception of this Policy or in the event that it has not been so diagnosed then, in the opinion of a health care practitioner the Insured could reasonably have been expected to be aware of its existence on the date of inception of this Policy.

War or any act of war, whether declared or not; suicide, self-destruction, attempted suicide or self-destruction, or intentionally self-inflicted injury, while sane or insane; The Insured's own criminal or felonious act; being under the influence of alcohol, as defined by the motor vehicle laws of the state in which this Policy was delivered or issued for delivery; being under the influence of drugs or narcotics that are not lawfully available, unless prescribed for the Insured by a qualified health care practitioner; using drugs or substances in violation of the rules or regulation of the sanctioning organization in which the Insured plays; The insured's use of performance enhancing substances, including but not limited to anabolic steroids, stimulants or corticosteroids, regardless of whether or not prescribed by a qualified health care practitioner; any practices or activities excluded by the Insured's professional sports contract in connection with his Occupation; conditions of Psychotic, Psychoneurotic or Epileptic origin.

These plans are Specified Occupation Plans. They will terminate automatically if the Insured changes from the occupation in which he/she was engaged in at the time the Plan was issued, unless an agreement has been obtained in writing from the underwriters and any additional premium required by the underwriters has been paid. The sole liability of the underwriters in the event of an occupation change shall be to return any unearned premiums paid for the balance of the Plan term.

These Plans are annually renewable, or for negotiated longer periods of time. It is contemplated that the Plans will be renewed, however, the underwriters reserve the right to refuse to renew or to change the premium rates on renewal. A renewal application or a statement of good health may be required by the underwriters for consideration of renewal.

These plans are used in a number of ways to insure the professional athlete personally or to insure other third parties of which the athlete is affiliated as to the financial losses that result from a disabling accidental bodily injury or sickness. Career length varies by the sport in which the athlete performs. Exceptionally high earnings are generated in a short time span making the adequate insuring of the earning potential a primary financial planning process. Here are some of the uses of these plans:

• Loss of Future Earnings
  A professional athlete can anticipate income levels and probable playing time. A disability can affect the level of income to be earned in the future and a disability can shorten the career period. As an example, an athlete has no income assurance beyond the term period of the present contract. This plan can insure an income should disability shorten the expected career period.
  
  
• Contract Completion
  The loss of an athlete by disability puts the team in double jeopardy . Revenue may slip and the team must continue to pay the non-performing athlete. These plans can insure the contracted compensation to the athlete, thus relieving the team of that financial burden.
  
  
• Loss of Image/Endorsements
  Endorsement income and fees continue to flow as long as the public remains fans of the athlete. A political statement, a drug involvement, a drunk arrest, a public relations goof, and the advertiser/endorsers pull back from sponsorship. This loss is also insurable.
  
  
• Cost of Agents/Managers
  During periods of disability it is in the athletes best interest to continue the use of agents and managers to keep the athlete's value as an athlete and as a product spokesperson keenly in the minds of those who contract for their services. These costs can be insured.
  
  
• College Draft Protection
  Talented athletes may decide to stay in school rather than take early entry into the draft. There is a risk of sustaining a career-ending disability during the final college years. These plans are available to insure the future value of a professional career.
  
  

Petersen International Underwriters want you to understand how they protect the confidentiality of non-public personal information they collected about you.

PIU collects non-public information about you from numerous sources including, but not limited to:

1. Information PIU receives from you on applications and other forms;
2. Information about your transactions with the affiliates, others or PIU;
3. Information PIU receives from consumer-reporting agencies; and
4. Financial and medical sources.

PIU does not disclose any non-public information about you to anyone except as is necessary in order to provide the products or services to you or otherwise as required or permitted by law (e.g. subpoena, fraud investigation, regulatory reporting, etc.).

PIU restricts access to non-public personal information about you to PIU's employees, PIU's affiliates' employees or others who need to know that information to service your account. PIU maintains physical, electronic and procedural safeguards to protect your non-public personal information.

If you have any further questions about this privacy statement or would like to learn more about how PIU protects your privacy, please contact us.

This plan is administered by

Petersen International Underwriters
23929 Valencia Boulevard, Suite 215
Valencia, CA 91355-2186

It is underwritten by Certain Underwriters at Lloyd's that is rated A "Excellent" by A.M. Best.

This is not intended to be a complete outline of coverage. Actual wording may change without notice.