Friday, June 26, 2009

Insure this

Where there is demand...:
...on the first play from scrimmage against LSU on Oct. 10, 1998, a gruesome knee injury ended Florida senior defensive tackle Ed Chester's career. Fortunately for Chester, he had bought an insurance policy from Gainesville agent Keith Lerner after deciding against entering the 1998 NFL draft. Lloyd's of London, the venerable firm that insured Bruce Springsteen's voice and Angie Dickinson's legs, underwrote the policy. Thirteen months later, Chester walked out of Lerner's office with a $1 million check. Chester never played in the NFL, but if he handled his finances correctly, he never had to worry about money again.

1 comment:

  1. Let's see...that works out to about a $60,000 annual payout. And resumably higher health care costs. Yeah, that equates to "neve ha(ving) to worry about money again."

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