1 / 8

Association – Executive Committee

Association – Executive Committee. What does the NFHS Insurance cover? What is your General Liability? How do we minimize risk?. NFHS Coverage. What Officials are Covered Activities Covered General Liability Benefit Summary. NFHS General Liability Benefit Summary.

chantale-larsen
Télécharger la présentation

Association – Executive Committee

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Association – Executive Committee • What does the NFHS Insurance cover? • What is your General Liability? • How do we minimize risk?

  2. NFHS Coverage • What Officials are Covered • Activities Covered • General Liability Benefit Summary

  3. NFHS General Liability Benefit Summary • General Aggregate Limit – None • Products-Completed Operations Aggregate Limit $5,000,000 • Each Occurrence Limit $1,000,000 • Personal & Advertising Injury Limit $1,000,000 • Damage to Premises Rented to You $300,000 • Premises Medical Payments $5,000 • Sexual Abuse & Molestation – Each Occurrence $1,000,000 • Sexual Abuse & Molestation – Aggregate $2,000,000 • Participant Legal Liability $1,000,000 • Crisis Response – Each Event/Aggregate $25,000

  4. Your General Liability • NFHS membership coverage ONLY extends to you as an individual! • It does NOT apply to your duties as a camp or tournament director, nor does it cover social events such as golf outings or annual social events. • Does not cover decisions you may make as an officer in the association.

  5. Directors & Officers • More Responsibility creates More Liability • Suspension of a member • Failure to have or follow by-laws • Mismanagement of funds • Members file lawsuit against decision made • Negligence at an Association Training Event

  6. How to Minimize Risk • Follow IHSAA & NFHS Guidelines • Have and Enforce By-Laws • Accounting Practices • Insurance Coverage • D&O • Event Coverage • Crime Insurance

  7. 150 Member Association Insurance Cost Example w/o General Liability • NASO-ON D&O $550/year • NFHS Crime Ins $290/year • Event Coverage $100/per event (2 EVENTS) • TOTAL: $1,040/year • TOTAL PER MEMBER: $6.94/year

  8. 150 Member Association Insurance Cost Example with General Liability • NASO-ON D&O $550/year • NFHS Crime Ins $290/year • NASO Gen Liab. $940/year • TOTAL: $1,780/year • TOTAL PER MEMBER: $11.87/year

More Related