Quote:
Originally posted by madmax
Would it be fair to say that GLOs need insurance because they are high risk but non of their high risk activites are actually covered?
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Not necessarily. All LEGAL, including some high risk activities are covered. Host liability (alcohol) is covered as long as policies and laws are followed; however, it remains a high risk activity.
SOME policies even cover the General Fraternity in cases of hazing, but the chapter members will be "swinging in the wind" from a liability standpoint in those rare cases. Our current coverage does, but with the rising costs, we will likely lose that in the policy we are currently seeking.
The General Fraternity could retain its coverage in most instances, even if the chapter and its members are found to have violated law, policy or found negligent. In those instances, insurance will pay out on claims against the General Fraternity, but will NOT cover claims against the chapter, officers or members. THIS ALL ASSUMES that we are NOT talking about an incorporated fraternity, in which case things get real different.
Brad
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