Sec. 55.
(1) A promoter shall insure each contestant who competes in a contest for at least $50,000.00 for medical and hospital expenses related to injuries sustained in the contest or event, payable to the contestant, and for at least $50,000.00 if the contestant dies as a result of injuries received in a contest or event, with the proceeds payable to the contestant's estate.
(2) A promoter shall pay the policy premium and deductible regarding any medical or hospital expenses for a contestant's injuries.
History: 2004, Act 403, Eff. Feb. 20, 2005 ;-- Am. 2007, Act 196, Eff. Mar. 27, 2008 ;-- Am. 2015, Act 183, Eff. Feb. 10, 2016