Re: Novice Insurance ????
Fred Weber (troop4@MIDWEST.NET)
Wed, 7 Aug 1996 12:06:23 -0500
>Is the following "clipped" statement accurate?
> I was recently at a meeting where legal type people made reference
> to the fact that NO insuracne compies would write affordable coverage
> for scouting activities any longer. AND, that BSA was now self insured.
> The 'FEEs' for insurance were simply being accumlated in a self insruance
> I am also on a board for another NOT for profit youth organization,
> and they have been unable to get insurance for the past 8-10 years.
> If the BSA really has seperate insurance, does anyone know what company
> carries the policy?
>Is an Eagle, Wuz an Owl = Ogle ?
>The following clipped from a previous note from Greg Gough:>
>> . . . On a side note, most camporee fees cover event insurance which
>> is purchased by the council above and beyond the normal insurance.
>> Greg Gough
>> SM Troop 201, Ozark, MO. I used to be an Owl but I will always be an Eagle!
Self Insurance is not that unusual..Several large organizations now do
it...its quite simple..They hire an administrator..usually outside the
organization..to manage the insurance..the organization pays premiums just
like it would to an insuror.....and the administrator pays any claims..
Its not that insurors wont insure.. its the cost of insurance..Self Insuance
probably saves BSA a ton of money
We do it for the stories we can tell
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City