Re: [AGA SC] insurance. (fwd)

["S. Hieber" <shieber@yahoo.com>]

But that's a diff kind of coverage, seems to me. I'm not
looking for the AGA to be protected from Erik's
shenanigans; I want Erik protected from a silly liable suit
for something someone else says. . . A kind of
indemnification or save harmless for the Board members by
the AGA, underwritten by an insurer.

I have to reread my contract -- wasn't that right after the
morals clause? ;-)


sh
--- Kathy Olson <kathy@thekrib.com> wrote:
> what our local club is doing.  Interesting that the board
> does NOT need 
> insurance.
> 
> ---------- Forwarded message ----------
> Date: Sat, 10 Apr 2004 13:44:32 -0700
> From: Bob and Judy Holmes <jbholmes@nwlink.com>
> To: kathy@thekrib.com
> Subject: insurance.
> 
> Hi Kathy. We'll be buying basic liability/property damage
> insurance for 
> GSAS as a whole but not board insurance. Board insurance
> covers mainly 
> misbehavior on the part of board members - fraud, theft
> etc. and is very 
> expensive. One of the agents I talked to told me that
> because of its cost 
> many organizations just "wing it".
> I have talked to Allstate and State Farm. Rick has talked
> to his agent but 
> I don't know which company.


=====
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