Joined: 13 Dec 2007
|Posted: Fri Feb 16, 2018 4:40 pm Post subject: $100k in additional insurance included in FASTRAK membership
|FASTRAK Companies International has finalized a deal to provide its member drivers with $100,000 in participant accident medical insurance through Mutual of Omaha. The insurance policy will be included in the annual membership fee both weekly and touring drivers.
“I’ve worked for 14 years to get our drivers something like this to make the FASTRAK membership even more worthwhile,” stated FASTRAK Founder Stan Lester, “This gives us the ability to offer our drivers another level of protection when they are at the race track.”
Drivers will also be able to insure their crew members for an additional $20 per person. Drivers will need to provide FASTRAK with the names of any crew members they wish to insure, along with payment when they submit their 2018 membership form.
“This is big for our members,” said FASTRAK General Manager DJ Irvine, “Our sport is inherently dangerous, so to be able to put this program in place to give drivers and their families more protection is a step in the right direction.”
The insurance is a secondary policy that will pay benefits from losses or injuries incurred while at the race track, after the individual’s primary medical policy. The policy will begin to pay benefits once an individual’s primary insurance has responded to the claim. The policy also includes up to $10,000 for Accidental Death and Specific Loss which is outlined in the explanation of benefits that will be made available to drivers.
FASTRAK will also require non-members to pay a $25 temporary membership fee when coming to race at any FASTRAK sanctioned event, weekly or touring. Temporary members will have the option of purchasing the insurance policy on themselves and crew members as well.
Check out the official website for the FASTRAK Racing Series at www.fastrakracing.com and continue to follow our social media networks for the FASTRAK Racing Series. Like and Follow our Fan Page on Facebook plus follow @FASTRAK_SE and/or @FASTRAK_MOV on Twitter to get up to the minute news and details as they become available.
The 2018 marketing partners for the FASTRAK Racing Series are Chevrolet Performance, Hoosier Racing Tire, VP Racing Fuel, FloRacing, Excalibur Race Cars, TNT Race Cars, Arizona Sport Shirts, Simpson Safety Equipment, Rockauto.com, RacingJunk.com and Thomas Clarke Performance.