As Ravens quarterback Lamar Jackson opts to proceed under the fifth and final year of his rookie contract, with $23 million in guaranteed money and no guarantees beyond that, he’s assuming the risk of an injury that would make the Ravens not want to apply the franchise tag to Jackson in 2023 — and that would make it virtually impossible for him to get a market-level deal in free agency.

Thus, as plenty of players have done, Jackson would be wise to have insurance. It’s unclear whether he does.

There are many different types of policies and protections. None are cheap, and some players have experienced real difficulties when it comes to cashing in.

Without an agent to guide Jackson through the process of finding proper coverage and selecting the right policy, he’ll have to make the decision on his own.