Taking out insurance and other insurance related obligations of a League Team In accordance with the AAAPC, the employer must insure all the Finnish Elite League players with whom it has entered into an employment i.e. the player contract compliant with the player contract model. The employer must also insure so-called try out players, i.e. players with a trial period contract. The trial period contracts shall be consistent with the player contract model and shall include a possibility for the player to get the statutory benefits of the AAAPC. 2-3 salary levels, by which the potential injury pension of the players is determined, are included in the insurance contract. The level according which the player is insured during his trial period, is agreed in the player’s trial period contract. The employer is further obligated to take out an accident insurance for a player, who, during the season, does not receive in excess of the earnings limit prescribed by law as the lower limit of the insurance obligation. Compensations tied to the level of earnings of such player shall be the lowest earnings defined in the AAAPC (in 2020 the lower limit is EUR 11.650,00). The player-specific insurance cover taken out by the League Team (in accordance with the insurance contract) also covers each player after the season, as of 1 May, any temporary loss of earnings from the time when the player has not received pay during sick leave from his League Team. The calculation of compensation for loss of earnings (85 % of the salary for the injury season) is based (in 2020) on a maximum salary amount of EUR 121,310.00. This amount is adjusted each calendar year by the wage coefficient referred to in section 96 of the Employees Pensions Act (395/2006). Each League Team must provide the player with the mandatory accident insurance in accordance with the AAAPC and as a joint insurance, a so-called medical expenses insurance, as agreed between the Elite League and the insurance company. The employer shall, through the insurance it has taken out, ensure that the players are fully compensated for all accidents (incl. all medical-, medical treatment-, medical examination- and other rehabilitation expenses as well as illness compensations) in accordance with section 2 of the AAAPC that occur to players during the duration of their player contracts in connection with:
