NFP launches program to guard towards sports activities tuition loss

Property and casualty dealer NFP has introduced the launch of the Sports Tuition Expense Protection (STEP) program.

The program presents reimbursement for exercise charges to households when their youngsters are unable to take part on account of harm, illness of the participant or a detailed member of the family, or if the household has to relocate.

Enrollment for the STEP program is open to people and groups via NFP’s Sports and Entertainment Group.

According to Leigh Ann Rossi, chief working officer of NFP Sports and Entertainment, the STEP program is designed to supply protection that enhances the expertise for members.

“A family’s financial obligations don’t disappear when a child suffers an injury and has to sit out,” Rossi stated. “STEP provides peace of mind, eliminates the pressure to rush an athlete back into action prematurely, and ensures that clubs have the necessary funds for coaches, facilities, and events.”

NFP’s Sports and Entertainment Group’s clientele consists of skilled sports activities organizations and leagues throughout North America, particular person sports activities franchises, and nearly 12,000 skilled athletes. NFP additionally serves because the governing physique for collegiate athletics, with over 500 schools and universities and greater than 2,000 secondary/Okay-12 colleges underneath its wing.

“There are a variety of challenges in creating great athletic experiences for kids and their families, including financial considerations,” LaFontaine stated. “It has been great working with the NFP team on a solution that helps families whose children become injured or sick by minimizing their financial burden.”

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