Posts Tagged ‘Certificates Of Insurance’

School Facility Use Liabilities

Sadler partners with schools and districts to assist in lowering liability risks

There are critical aspects of risk management for organizations that permit the use of their facility to outside groups. The video below offers detailed information on the following:

  • Why facility user groups expose schools to a huge liability potential.
  • Why users such as camps, teams, leagues, special event operators, and tournaments must carry their own insurance.
  • Why not just any insurance will adequately protect schools.
  • How to set reasonable minimum insurance standards to shield the school’s own liability insurance from paying unnecessary claims
  • Provides a specific webpage that is a reputable source of high limit, high coverage sports insurance to which facility users can be referred to INSTANTLY bind coverage and issue certificates of insurance naming school as Additional Insured.
  • How we can set up your school/school district on our automatic certificate of insurance issuance system to meet your special wording requirements every time. Nothing is more frustrating than having to tell a facility user that their insurance does not meet your requirements.
  • All of the above speeds the process and reduces hassle and frustration for all parties involved.

Purchasing Sports Insurance

Don’t rely on certificates, brochures, or proposals

Many sports team and league administrators hope or believe that they have adequate protection under their Accident and General Liability policies. They usually place their trust in their local insurance agent or even a so-called sports insurance specialist. Some that have their insurance provided by their municipal recreation department may rely on their risk manager. But, how do they know for sure that their insurance is adequate to protect against some of the most common types of devastating lawsuits?

Sports and recreation administrators often rely on a simple review of the wrong types of documents. It is a mistake for a sports administrator to depend on the review of a certificate of insurance, brochure, or proposal from an insurance agent. None of these documents contain complete details on all policy coverages, definitions, conditions, and exclusions. Dangerous exclusions which take away coverage are often hidden in the fine print.

For example, a certificate of insurance may disclose that a General Liability policy contains a limit of $1 million. However, that same policy may have an exclusion for Athletic Participants. The certificate of insurance will not necessarily disclose the existence of this devastating exclusion which has a huge bearing on protection.

The  only source for finding the answers on coverage is the actual insurance policies themselves. The problem is that the polices can be exhaustive to review. A typical Accident policy may be 70 pages long and a typical General Liability policy may be 90 pages long.