This discussion thread is to share insurance providers and best practices among the Southern North America District Sections.
Section Insurance is covered in the Section Operations Manual - ISA Connect
Under the Finances section:
Insurance Coverage
Sections should purchase insurance and consult with the appropriate experts to determine which insurance policy is the best fit.
A general liability policy is very common and recommended. Depending on the policy purchased, general liability insurance may cover such things as bodily injury, personal injury, property damage to a third party, etc.
An officers insurance policy is also recommended. This type of policy is meant to protect the section officers from "intentional" wrongful acts. The personal assets of officers are protected to some extent by existing law for reasonable decisions they make on behalf of the section in good faith. However, the section could be held financially liable for any number of decisions made by officers that may simply be in error. A good policy will cover a range of scenarios and should include coverage addressing topics such as employment-related actions, sexual harassment, etc. A good policy will also pay for legal expenses as they are incurred, not on a reimbursement basis.
ISA recommends that sections discuss other insurance options with legal counsel and their insurance provider. Such policies may include alcohol liability coverage, meeting cancellation coverage, umbrella liability, volunteer dishonesty, and other risks.
Please reply and let everyone know who you are using and for what.
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Dean Bickerton
Executive Board
Southern North America District
New Orleans Section
The Reynolds Company
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