- 11 March 2011 | Kiteboarding
The International Kiteboarding Organization (IKO) has announced a new and unique kiteboard insurance program available to its members located in the United States. The sports insurance offers unmatched competitive rates and the most comprehensive general liability, medical and dental coverage of up to $1,000,000 for each kiteboarding incident.
Moreover, IKO has added a worldwide coverage endorsement, making this the leading kiteboard service available for US-based kiteboarders, instructors and schools.
"The top-notch standards maintained by IKO and its members are what make it possible to negotiate the best kiteboard insurance rates available in the United States," explained Frederic Bene, president and co-Founder of IKO.
"Because of our experience and commitment to safety, we have accurately assessed the risk, and determined what the best kiteboard insurance should cover for kiteboarding, snow and power kiting."
Most beaches in United States require kiteboard instructors to obtain proper permitting, and comprehensive insurance coverage. However, the benefits of insurance go beyond merely meeting a requirement, but serve to mitigate risk. "An instructor could have only one accident in an entire career of teaching, and that one accident could cause him or her to lose everything," says David Dorn, IKO’s training director.
"For kiteboard riders, lacerations are the most common. I have seen medical costs exceed $100 per stitch and broken bones between $5,000-$25,000.”
IKO's insurance program covers injuries or death of participants, spectators, volunteers and from property damage, activities necessary to conduct practices as well as cost of investigation, defense and more. The medical benefit covers up to $25,000 and for accidental death and dismemberment, $5,000. Kiteboard insurance premiums cover a 52-week period.