Zion Williamson injury: Duke star reportedly has $8 million loss of value insurance policy

Feb 20, 2019; Durham, NC, USA; Duke Blue Devils forward Zion Williamson (1) reacts after falling while driving to the basket as North Carolina Tar Heels forward Luke Maye (32) defends during the first half at Cameron Indoor Stadium. Mandatory Credit: Rob Kinnan-USA TODAY Sports

Duke¬†freshman Zion Williamson has a loss of value insurance policy that he could collect if he were to fall past the No. 16 pick in the 2019 NBA Draft, according to¬†The Action Network’s Darren Rovell.

The policy, according to the report, is worth $8 million. It was issued and written by ISI (International Specialty Insurance), and paid for by Duke — all allowable within NCAA’s rulebook.

According to the NCAA, loss of value insurance is insurance that “protects a student-athlete’s future contract value from decreasing below a predetermined amount due to a significant injury or illness suffered during the policy’s designated coverage period. It is typically purchased for the year leading up to the athlete’s draft eligibility. It requires medical underwriting, and may include exclusions for specific pre-existing injuries or illnesses.”

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