The commission shall:
(1) require insurance coverage for a combatant to provide for medical, surgical, and hospital care for injuries sustained in the ring in an amount of at least $10,000 and payable to the combatant as beneficiary; and
(2) require life insurance for a combatant in the amount of at least $10,000 payable in case of accidental death resulting from injuries sustained in the ring.
The cost of the insurance required by this section is payable by the promoter.
2006 c 282 art 11 s 27; 2008 c 300 s 33