RPS Bollinger offers a variety of insurance coverages to round out the protection that Lacrosse organizations need. Please contact RPS Bollinger at Lacrosse@RPSins.com, or go to www.RPSBollinger.com or directly to US Lacrosse Optional Coverages for more information and to purchase insurance. Available plans include:
24-Hour Premises Liability Extension
Many lease agreements require teams/leagues to provide 24-hour liability protection for the facility during the term of the lease. Thus, you are responsible for injuries or damage that may occur even when your teams are not on the field. This extension falls under the Member General Liability plan underwritten by Markel Insurance Company (rated “A, XV”).
Additional Limits of Liability
If a field or facility requires you to have liability limits higher than the $3mm per occurrence provided to US Lacrosse members, additional limits are available for purchase under the Member General Liability (Underwritten by Markel).
The US Lacrosse Crime program has been expanded to provide a broad spectrum of coverages, underwritten through the Chubb Group of Insurance Companies (rated “A++, XV”).
|Employee/Volunteer Dishonesty limit per loss||$25,000 (Options for $50k and $100k avail.)|
|Depositor’s Forgery||$10,000 per loss|
|Social Engineering/Deception Fraud||$10,000 per loss|
|Expense Limit (pays investigation fees to identify extent of a loss)||$5,000 per loss|
|Theft (On-Premise)||$10,000 per loss|
|Computer/Electronic Fraud||$10,000 per loss|
|Funds Transfer||$10,000 per loss|
|Deductible||$250 per claim|
|Limit Options/Annual Premium:||$260 for $25k limit for Employee Dishonesty|
|Limit Options/Annual Premium:||$326 for $50k limit for Employee Dishonesty|
|Limit Options/Annual Premium:||$392 for $100k limit for Employee Dishonesty|
This program is designed to protect Lacrosse organizations from a range of threats and incidents relating to a cyber breach event or privacy violation. Underwritten by BCS Insurance Co. (rated “A-, IX”).
|Privacy Liability (incl. Employee Privacy)||$1mm limit/$1mm agg|
|Privacy Regulatory Claims coverage||$1mm limit/$1mm agg|
|Security Breach Response||$1mm limit/$1mm agg|
|Cyber Extortion||$1mm limit/$1mm agg|
|Multimedia Liability||$1mm limit/$1mm agg|
|PCI Data Security Assessment||$1mm limit/$1mm agg|
|Business Income/Digital Asset Restoration (Optional)||$1mm limit/$1mm agg|
|Retention/Deductible||$1,000 per claim|
|Annual Premium:||$400 for org’s with less than $1mm in revenue|
|Alternate Option & Premium: $500,000 limit and aggregate for all coverages, with $1,000 retention||$299 for org’s with less than $1mm in revenue|
|Annual Premium:||$599 for org’s with revenues between $1mm - $2.5mm|
|Alternate Option & Premium: $500,000 limit and aggregate for all coverages, with $1,000 retention||$399 for org’s with revenues between $1mm - $2.5mm|
|Annual Premium:||$750 for org’s w. revenues between $2.5mm - $5mm|
|Alternate Option & Premium: $500,000 limit and aggregate for all coverages, with $1,000 retention||$550 for org’s w. revenues between $2.5mm - $5mm|
Directors & Officers Liability (D&O)
This important, but often misunderstood coverage protects not-for-profit organizations and their members (not just Directors & Officers) from liability lawsuits arising out of errors and omissions, wrongful termination, discrimination, eligibility matters and other claims not involving bodily injury or property damage (which fall under General Liability). Coverage is provided even for non-monetary damages claims, making the $0 DEDUCTIBLE important to your bottom line, as legal defense costs are paid from the first dollar. This coverage is underwritten by Chubb Group (rated “A++, XV”).
D&O Option 1
|Limit of Liability||$1mm limit per claim $1mm aggregate|
|Defense Costs||In addition to policy limits|
|Annual Premium Option 1||$495|
D&O Option 2
|Limit of Liability||$2mm limit per claim $2mm aggregate|
|Defense Costs||In addition to policy limits|
|Annual Premium Option 1||$963|
Equipment owned by a league or association is protected against loss, including fire and theft, for the full replacement cost of each piece of equipment, subject to the policy limit. Underwritten by Markel Ins. Co.(rated “A, XV”).
Equipment Opt. 1
|Policy Limit||Replacement cost of your Equipment|
|Deductible||Option for $250 or $500|
|Cost of $250 Deductible policy||Rate is $1.58 per $100 of coverage|
|Cost of $500 Deductible policy||Rate is $1.50 per $100 of coverage|
International Travel Accident or International Package
(Travel Accident, Emergency Evacuation/Repatriation, General Liability, Workers Comp, Auto Liability) These policies are available to groups traveling overseas for sports-related travel. Coverage applies to team members, coaches, chaperones and others traveling in an official capacity with the group. Each policy is specifically underwritten by AIG (rated “A, XV”). Contact RPS Bollinger for specific limits, coverage and pricing.