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| Zuffa CEO Lorenzo Fertitta |
Formerly, only injuries sustained during a contracted fight would be covered in full by the organization, which was in compliance with requirements by the regulatory state-athletic commissions; but today's announcement ensures that all injuries, including those suffered in training, will be taken care of by the parent company.
UFC Chairman and CEO Lorenzo Fertitta had to follow to say:
"Our athletes are some of the very best in the world, and we've committed significant financial resources to provide them with insurance that complements the gold standard we have set for event-related coverage," UFC Chairman and CEO Lorenzo Fertitta stated in today's announcement. "We’re pleased to provide coverage that enables our athletes to seek and receive treatment for injuries sustained while preparing for bouts."
The organization's policy will now include 24-hour worldwide medical-life insurance and dental coverage with Zuffa picking up 100% of all premiums; Houston Casualty is the third party provider and a full-time claims processor will reportedly be in-house.
"As this sport continues to grow, we have been working hard to secure additional insurance coverage so that our athletes can perform at the highest levels," UFC president Dana White added. "We're proud to give our athletes access to this type of insurance."
How much the additional coverage will cost Zuffa is yet to be reported, but with 350+ athletes under contract further elaboration on the subject is expected shortly.
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