Club Management - January/February 2008 - (Page 8) INTRODUCING CMAA DIRECTORS AND OFFICERS LIABILITY INSURANCE PROGRAM We just made it a whole lot easier to secure your executive protection coverage. Customized coverage for private clubs, available exclusively for CMAA members. The need for quality Directors and Officers Liability Insurance coverage continues to be a high priority for the club community and CMAA. Clubs have to be prepared to deal with allegations and claims related to discrimination, harassment, wrongful termination and mismanagement of club finances. Unfortunately, many leading carriers have significantly increased rates for Directors and Officers/ Employment Practices Liability (EPL) coverage, and more importantly, restrict limits for these important aspects of coverage. CMAA is now offering an alternative program. COVERAGE HIGHLIGHTS • Defense costs are included in addition to the Limit of Liability, and NOT capped • Primary limits up to $10 million, with excess limits available • Punitive Damages Coverage provided, with NO sub-limit • Membership Discrimination Allegations included, with NO sub-limit or separate deductible • Available in all states • CMAA member discounts The benefit to CMAA members, and their Board of Directors, is “one stop shopping” from a trusted organization that offers comprehensive liability solutions and premier risk management services at exceptionally competitive prices. For more information about this plan and other available coverages, contact Hays Affinity Solutions at 866.819.0209. Administered by Hays Affinity Solutions https://cmaa.haysaffinity.com | 866.819.0209 questions@hayscompanies.com http://www.hayscompanies.com/MenuContent.php?menu_id=1&chg_node=1
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