WWE: Has the WWE Changed Its Stance on Insurance for Their In-Ring Talent?
WWE makes changes to their insurance policy
It’s been the WWE’s stance for years that they don’t give out insurance to their wrestlers. However, the times they are a changing.
Now the WWE expects all their in-ring talent to have insurance. No, they won’t be providing it, but they expect each wrestler to have it. There is no rule on how much insurance, just that you have it. Additionally this only applies to in-ring performers.
According to this report from Wrestlezone.com
The reason behind this new move is two-fold. One, sources are claiming that it's somewhat of a knee-jerk reaction to UFC recently instating an insurance policy of its own. Second, Vince McMahon feels that "wrestlers" are a lot like plumbers, for example, in that if you choose to hire one, he or she must be bonded and insured independently. Vince feels that if a performer wants to work for WWE as an independent contractor, then he/she must bring everything necessary to the table in order to be one.
It’s unfortunate that Vince McMahon and the WWE have these kinds of policies in place. Yes, the WWE does have a right to hire independent contractors, but at the same time they are asking these people to put their lives and their bodies through hell. And they ask them to do it without any sort of benefits from the company.
It’s a shame, and it doesn’t justify why wrestlers end up broken down and broke, but it certainly makes you understand it a little better.
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