Fort Wayne, Indiana, March 15, 2010: K&K Insurance Group, Inc. announces new lower rates for the amateur sports tournaments and events program. Rates have been reduced by up to 60% depending on specific underwriting factors and a flat $300 minimum premium now applies to events operating for 14 days or less.
The program is available for U.S.-based amateur sports events with up to 2,500 participants or 7,500 spectators. For most sports, the program includes both general liability, including legal liability to participants, and medical payments for participants coverage. Coverage is also included for some ancillary activities such as banquets and awards ceremonies if occurring at the event site. For program details, visit www.kandkinsurance.com. Sports tournaments or events not eligible for this program may qualify for coverage through other programs administered in K&K’s Sports Unit.
K&K also offers a new website providing online quoting and binding capabilities for the Tournament & Event Program as well as amateur sports teams, leagues, camps and clinics. The site provides an option to purchase coverage immediately when using a credit card and pays 10% commission to agents. The website can be found at www.sportsinsurance-kk.com.
K&K Insurance Group is a managing general underwriter offering over 50 specialty insurance programs to the sports, leisure and entertainment industries. For more information, call K&K Insurance toll-free at 800-637-4757.