People have health insurance in case they get sick, car insurance in case they get in an accident, home insurance in case of a fire, flood insurance in case of water damage, life insurance in case of death, travel insurance for when they’re abroad, and pet insurance for their dog.

But what about insurance for a job, especially a highly volatile one like a professional athlete? The average career length in Major League Baseball is 3.65 years, according to the MLB Players Association. The career averages in the other major professional sports in North America are: 3.2 years ( MLS ), 3.3 years ( NFL ), 4.8 years ( NBA ) and 5 years (NHL).While every athlete believes he will be the next Mike Trout or LeBron James, the chances of that actually happening are about as slim as winning the Powerball. Less than 25% of MLB first-round draft picks play more than three years in the majors.