Ideal Accounts and Target Classes
This program is purpose-built for:
- Professional race car drivers seeking disability income protection
- Racing teams with contractual obligations to their drivers
- Sponsors with financial investments tied to driver appearances and performance
If you work with clients in motorsports—including elite-level drivers, teams in national or international series, or sponsors with significant brand exposure—this program offers a rare and valuable solution.
Coverage Highlights and Advantages
Driver-Purchased Disability Coverage:
- 24/7 worldwide coverage—both on and off the track
- Temporary Total Disability (TTD) and Permanent Total Disability (PTD) coverage available
- Benefit payments on a per-race missed, weekly, or monthly basis
- Temporary benefits available for up to 60 months
- Permanent benefits paid as a lump sum to replace future income
- Available as standalone or combined coverage to increase total insured value
Team-Purchased Disability Coverage:
- Reimburses teams for financial obligations if a driver becomes disabled
- Same 24/7 worldwide coverage and flexible deductible structures
- Flexible payment structures: per-race, weekly, or monthly
- Multi-year policy terms available
Sponsor Investment Reimbursement:
- Reimburses sponsors if a driver misses races due to injury or illness
- Coverage based on a percentage of the sponsor’s investment
- Deductibles start at one race per claim
Non-Appearance Coverage:
- Reimburses sponsors or teams for lost expenses due to a driver missing appearances, media events, or photo shoots
- Multi-year terms and flexible deductibles starting from one missed event
Additional Options:
- Accidental Death: Lump sum benefit if a driver dies in an accident; can be extended to cover pit crew members
- Team Driver Replacement: Reimburses the team for substitute driver costs if the primary driver is unable to compete
- Life Insurance and Long-Term Care: Available upon request to round out the driver’s protection package
Underwriting Notes and Minimum Premiums
There is no minimum premium requirement, allowing for flexibility in structuring policies to meet the needs and budgets of individual clients. Deductibles and benefit structures are adjustable based on risk tolerance and policy design. Multi-year terms are available across most coverage options.
Territories and Availability
This program is available in all 50 states including DC. Whether your client is based in California, Florida, Texas, or anywhere in between, you can access this highly specialized coverage through VAIL.
Why Work With VAIL
As a Managing General Agency with access to a range of markets, VAIL brings deep expertise in niche and hard-to-place risks. Their motorsports disability program through WSIB is a unique offering in the market, reflecting a strong understanding of the risks and contractual complexities faced by drivers, teams, and sponsors. You can count on responsive service, underwriting insight, and flexible coverage solutions tailored to this fast-paced industry.
Whether your client is a rising star on the track, a team manager with payroll exposure, or a sponsor investing in brand visibility, this program helps you deliver meaningful protection against the financial impact of driver disability or absence.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for professional race car drivers, racing teams with driver contracts, and sponsors investing in driver appearances or race performance.
Can this coverage be customized for specific race series or teams?
Yes, the program offers flexible policy structures, deductibles, and benefit options that can be tailored to the unique needs of different race series, teams, or sponsorship arrangements.
Is the coverage available outside of the U.S.?
Yes, this program provides 24/7 worldwide coverage, both on and off the track, making it suitable for international racing circuits.
How are benefits paid under the Temporary Total Disability coverage?
Benefits may be paid on a per race missed, weekly, or monthly basis, depending on the policy structure selected during underwriting.
Can teams or sponsors purchase coverage on behalf of a driver?
Yes, both teams and sponsors can purchase coverage to protect their financial interests in case a driver is unable to perform due to injury or illness.
Need help placing an account? Connect with a market specialist.