Quoting: Garak
That wasn't "more information", though. If I am asking the question "is his contract insured?", we can surmise that I already understand why it is important and what the implications for both sides would be in all scenarios. Nothing you said helped answer my question, you simply expounded on my thought process for asking the question in the first place. I was asking for facts with which to derive a more absolute conclusion, not assumptions.
Didn't mean to offend, just trying to help.
The simple truth is that there is a lot of information we aren't privy to, so we have to operate under assumptions. We can only get so close to verifiable fact in many instances.
The publicly available CBA isn't even exhaustive for league procedures. There are a lot of separate documents that the league operates under in addition to public record.
This may interest you (if you haven't seen it), but this is one layer of insurance. Group NHLPA Policy: https://transcanadawealthmanagement.com/insurance-coverage-in-the-nhl/
Additional insurance on top of that policy, would be at the team's discretion for a player signing a long term contract. Some choose partial coverage (percentage), some choose none at all and absorb the risk themselves. For the player, contracts are guaranteed as long as their contract is in effect and they fulfill their commitments.
For players who do not have a long term contract, or are otherwise concerned, they can have their own individual policy to protect against injury. They either have no team or the team would not be concerned with additional insurance, such as a prospect expecting to be drafted suffering a career ending injury before they can sign a professional contract. If you aren't committed long term for significant money, the basic NHLPA coverage will be more than sufficient in most cases. It's the McDavid's who are just starting their careers where it might be a consideration and justify the premiums for additional coverage.
Again, trying to help and if it doesn't add value to you specifically, it may aid others in understanding as they stumble across it.