Insurance Against Racing Accidents, Daily Racing Form, 1908-12-06

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INSURANCE AGAINST RACING ACCIDENTS. The Union Jockey Club, which has control of all the race tracks in. Germany, has been for some time endeavoring to discover some means of providing for disabled Jockeys and others connected with racing stables in Germany. The Frankfort Assurance Company lias presented a solution to this problem and has submitted to the Jockey Club an offer, of which the London Sportsman lias the following to say: "The Union Club has issued a circular to racing societies submitting the offer made by the Frankfort Assurance Company to accept the liability of each and every race society and individual owner, aud Insure against accident amateur and professional jockeys, as well as apprentices and stable men. on payment of one shilling from the society for each horse entered, of four shillings and five, respectively, for each horse started in a flat or cross-country race by owners, of 0 from each gentleman rider, of 0 from each professional on the flat, of 2.50 from each rider over country, and of .00 from each trainer for each man; employed in the stables. Compensation up to 5,000 would be paid to any person permanently disabled, with a total liability not exceeding 5,000. and owners as well as race societies would be indemnified as to all damages awarded against them to third parties arising on the race course. . "Gentlemen riders temporarily disabled would receive .00 per diem and ,000 for permanent disablement: jockeys, .75 and ,000: apprentices, .50 and ,500, and stable men. .50 and 50. It has been calculated that the income accruing to the insurance company would amount to something like 4,375 per annum from the sources mentioned, and it remains to be seen how owners will feel inclined to fall in wltlrvtho proposition made, which includes no provision Tor the horses disabled or killed, while the tax of .00 or .25 each time a horse ruus, would materially affect their pockets."


Persistent Link: https://drf.uky.edu/catalog/1900s/drf1908120601/drf1908120601_2_3
Local Identifier: drf1908120601_2_3
Library of Congress Record: https://lccn.loc.gov/unk82075800