Quote:
Originally posted by DeltAlum
General liability, fire, accidents on property, etc. (like any home or car policy).
The reason for the company not honoring the policy in the case above was that the chapter broke the law by giving alcohol to a minor. Pretty much any policy will become null and void if the law or the guildlines of the policy aren't followed.
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It's expensive because of the high risk of fraternities, correct?
Now that risk is mainly from underaged drinking and hazing, correct?
Those last 2 risks are against the law, correct?
If they're against the law, and thus the insurance won't cover them then why is the insurance since it won't touch that risk threshold?
-Rudey