This policy won't make any difference to most LifeRing convenors, because we've never had a claim or are likely to ever have a claim, but in a few cases it will make the difference between having a meeting or not having it. Some churches and other meeting room providers absolutely require organizations to have such insurance. Well, now we have it. If you are a convenor for whom this is an issue, you will need a copy of the Declarations Page to show the meeting room provider. Contact Robert at CFO@lifering.org for a copy.
We now have a NIAC Commercial General Liability Insurance Policy covering the fifty states and Canada. It became effective 5/11/09 and will last one year. This policy will cover any liability and/or property damage that might occur at any of your weekly LifeRing meetings. Personal injury and property damage are up to the limits of the policy stated here.
The following is a highlight of some of the coverage:
- General Aggregate
- Products-Completed Operation Aggregate 2,000,000
- Personal & Advertising
- Each Occurrence Limit
- Fire Damage (Any One Fire)
- Medical Expense (Any One Person) 20,000
The insurance policy will be on file at the Service Center in Oakland. For any questions please contact the Service Center, firstname.lastname@example.org or me, Robert Stump at CFO@lifering.org
Tuesday, May 26, 2009
And now, Liability Insurance
LifeRing Treasurer Robert Stump reports that the whole LifeRing network is now covered by a general commercial liability policy.
This policy is also another part of the answer to the question sometimes asked: what happens to the money we send in to the Service Center.