2004/04/28 Council Agenda Packet

AMERICAN POWER BOAT ASSOCIATION 2001 LIABILITY BENEFITS SUMMARY DECEMBER 1, 2000 TO DECEMBER 1, 2001 The 2001 event liability program provides$5,000,000 CSL liability coverage for a set up day immedi- ately before and a tear down day immediately after the regatta event at no additional charge when reported on the application and when the event liability premium is paid. Qualifying trials are considered event days and require payment of premium as outlined in the APBA Rules and Regulations. Non-racing activities: • All non-racing activities including mall shows,swap meets,boat displays,social functions, fairs,and festivals should be submitted to American Specialty for approval and premium quotation.Applications may be requested through American Specialty. Premium during non-racing activities will be subject to a $200 per event minimums Liquor Liability: • Liquor liability is mandatory if alcoholic beverages are being sold by an APBA club. Applications for liquor liability should be submitted to American Specialty for approval and premium quotation. Liquor liability is subject to a minimum premium in accordance with individual fi state regulations. Non-owned Aircraft: Non-owned and hired aircraft coverage is excluded from the 2001 event liability program. All unlimited and offshore events must complete the non-owned and hired aircraft portion of the 2001 Regatta Application and American Specialty must be provided with a certificate of insurance from the aircraft owner proving a minimum of$1,000,000 CSL liability coverage. Regatta applications should be sent with the appropriate premium to the regional chairperson. The regional chairperson should then fonvard the insurance application and premium to the APBA no less than 45 days before the event. All race directors should check with landowners regarding deadlines for proof of coverage for use of the event site. All claims should be submitted to American Specialty Insurance Services,Inc.by completing an APBA incident report.The incident report may be faxed to the attention of APBA Claims,(219)673-129.Inci- dents involving spectators or fatal injuries or transport of a person should be reported immedi- ately to the APBA claims hotline at 800-566-7941.This line is available 24 hours a day.Please notify the APBA of all incidents. PROGRAM ADMINISTERED BY: American Specialty Insurance Services, Inc. P.O. Box 459, Roanoke, Ind. 46783 Phone: (219) 672-8800 Fax: (219) 673-1291 The information contained in this document is a summary of the benefits provided.It is • not a complete explanation of all the provisions of the policy or specifics of the policy benefits.No coverage is extended and no representations are made other than what is 474, stated in the policy.For a complete description of the program coverages,exclusions, vows.twERTAINMar and benefits refer to the policy. AMERICAN SPECIALTY' AmSpec-APBA-LIABILITY RATES(12/00)