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NASO offers a discounted rate to groups. My football association is a member of NASO, so I pay a discounted rate of $79 to be a NASO member through it. In this manner I receive liability insurance, excess medical insurance, and the other benefits of NASO membership for a reduced rate. Perhaps your association can negotiate a group rate with NASO that isn't too onerous to your membership. The insurance purchased through NASO is good for all sports, so no need to worry about purchasing separate packages for each sport.
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