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Name, Image and Likeness (NIL) Insurance

Protect What You’re Paying for in the New Era of College Athletics

NIL has unlocked remarkable opportunities for universities and student-athletes. With these multi-million-dollar investments in talent comes financial exposure. If a star quarterback goes down in the first quarter, a compliance issue threatens a partnership or the unexpected disrupts your plans, your institution needs more than hope. You need protection.

The game has changed. Your risk management should too.

Higginbotham’s Name, Image and Likeness Insurance is designed to help safeguard the investments you’re making in tomorrow’s champions.

Universities are making significant financial investments to attract top talent in today’s competitive market. These investments drive revenue, elevate programs and shape institutional reputation. But every investment carries risk. A career-ending injury. A compliance misstep. A crisis that threatens both the athlete and institution. Traditional risk management wasn’t designed for this reality.

Protect your ability to compete, invest with confidence and weather the storms that come with high-stakes collegiate athletics.

Behind every NIL deal is a student-athlete’s dream, a university’s commitment and a community’s pride. Our coverage is designed to keep an unexpected event from derailing years of investment and planning.

Coverage Built for the Pay-for-Play Era

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Permanent Total Disability (PTD)

The Safety Net for Career-Ending Injuries

PTD coverage is intended to provide your university with a lump-sum payment relevant to a covered athlete’s projected value if that athlete suffers a permanent, career-ending injury that is within the scope of coverage. This protection may help to offset scholarship commitments, recruitment investments and the strategic plans built around that player’s contribution to your program.

Critical Injury (CI)

Protecting High-Potential Investments

Designed for your most valuable players, this coverage provides for defined payments for specific injuries that sideline top talent. Whether addressing medical expenses, roster disruption or the effects of losing a cornerstone athlete, this coverage is intended to help maintain stability within your program.

Death and Disgrace Coverage

Institutional Reputation Protection

In the tragic event of an athlete’s death or a reputationally damaging incident such as an arrest, conviction or illegal activity, managing financial exposure while protecting or repairing your institution’s standing becomes critical. This coverage is designed to provide you with resources when you need them most.

Temporary Total Disability (TTD)

Bridge the Gap During Injury Recovery

This coverage provides for monthly benefits to be paid to your university when a covered athlete is temporarily sidelined or unable to fulfill athletic obligations due to an injury within the scope of coverage. These payments help maintain operational continuity and manage the short-term financial impact of losing a key player during the season.

Performance Incentive Contingency Coverage

Security for Results-Based Commitments

Structured around performance-based incentive payments outlined in a player’s contract, this coverage is designed to reimburse your university when contractual incentive thresholds are met, which may help protect your budget from the financial effect of exceptional athletic achievement.

Protecting Athletes Beyond the Game

Deferred Income & Wealth Protection Plan

Most athletic careers are short. The average professional sports career lasts just a few years, and many college athletes never make it to the pros. The financial decisions made during the college years can shape an athlete’s life for decades.

Paid-to-play college athletes now have financial opportunities that didn’t exist before. The question isn’t just how much they earn, it’s what they do with it.

Higginbotham NIL Deferred Income & Wealth Protection Plan

Designed to help athletes build wealth that lasts long after their playing days end.

Instead of taking all NIL earnings as immediate cash, this strategy enables eligible athletes to elect to divert a portion into a vehicle that is intended to grow tax-free and provide tax-free income. This approach can turn a four-year college career into financial security that extends well beyond the athlete’s playing career.

Why It Matters: Young athletes who properly plan can position themselves to transform short-term earnings into long-term financial security.

Potential tax advantages that create an opportunity to maximize the value of earnings
Principal isn’t subject to stock market volatility
Creditor protection in certain jurisdictions
Death benefit coverage that is intended to protect loved ones

The Higginbotham Plan is designed to provide wealth protection for a lifetime.

The Higginbotham Advantage

For decades, Higginbotham has been a trusted partner in the sports and entertainment insurance industry. We understand the coverage and pressures facing athletic directors, compliance officers and university leadership.

Solutions that are designed to align with your NIL strategy and roster composition

Claims support when time-sensitive situations demand immediate action

Counsel from professionals who work in collegiate athletics

Support from a team that views your success as our mission

Invest in talent and insure your future.

Bold investments are being made in student-athletes. Higginbotham NIL Insurance is designed to protect those investments against the uncertainties that come with competition at the highest level.

Ready to safeguard your program’s future? Contact us today.

Shiraz Rehman
646-242-0558
[email protected]