Minnesota Theater Group Public Liability Insurance Program

Transcription

1 Minnesota Theater Group Public Liability Insurance Program We are pleased to announce a partnership with the Nonprofit Insurance Advisors at Minnesota Council of Nonprofits to offer a group insurance policy program for Minnesota performing arts organizations. By covering many theaters under one policy, this program could mean cheaper premiums and greater coverage for many of you. This is for public liability of a venue the kind of insurance that covers you if someone in your audience falls down and sues you. This is not the kind of insurance that covers the cost of theft, and it's not the kind of insurance that protects your board of directors in the case of criminal charges (Director and Officers Insurance). However, you can also get a discount on this kind of insurance through NIA. This insurance does not cover injuries to performers (that's supposed to be covered by Workers' Compensation Insurance). Only nonprofit 501(c)3 organizations are eligible, and we are unable to provide coverage through a fiscal agent at this time. This coverage is good through March 31, 2014, at any and all venues that you perform in MN, ND, SD, IA, and WI (whether you own, lease, or short- term rent it). The total shared, group coverage is up to $1M per occurrence and $3M aggregate, plus $1M liquor liability. The annual premium is approximately 40% less than a comparable individual policy would be, and it's on a sliding scale based on attendance. In addition to the premium below, the Alliance will charge an administrative fee of $25 to Alliance members and $50 for non- members. Theaters with under 5,000 admissions: $400 Theaters with 5,000 to 10,000 annual admissions: $600 Theaters with 10,000 to 15,000 annual admissions: $750 Theaters with 15,000 to 25,000 annual admissions: $900 For theaters with larger admissions, you can apply for insurance directly with NIA, and get preferred rates through your affiliation with the Alliance. For more information, contact any of these Nonprofit Insurance Advisors staff: Andrew Morse, Senior Consultant, [email protected], Christina McGee, Client Service Assistant, [email protected],

2 Minnesota Theater Alliance Group Insurance Enrollment Form Name: Organization: Address: City: State: Zip: Phone: Website: Have you applied for and received tax-exempt status (501c3)? Yes No Annual Expenses: Number of Full-time Staff: Number of Part-time Staff: Describe your theater s mission: Annual Attendance - Paid and Unpaid: Has your organization realized any losses (insurance claims) in the last 5 years? Yes No Desired Start Date: We will pay by: Check Credit Card We understand that we are a member of the Minnesota Theater Association Group Liability Insurance Policy and we share a Limit of Liability insurance with all participating members. We understand that we will be billed for the insurance annual premium by the Minnesota Theater Alliance, based on annual attendance and pro-rated by number of remaining months in the Alliance group term (April 1 March 31), plus an administrative fee of $25 for Alliance members or $50 for nonmembers, and that failure to pay will result in cancellation of coverage. Name (please print) (Date) Signature Please return this form by fax at or by at [email protected]

3 Annual Premiums for Minnesota Theater Alliance Group Members Theaters with under 5,000 admissions: $400 Theaters with 5,ooo to 10,000 annual admissions: $600 Theaters with 10,000 to 15,000 annual admissions: $750 Theaters with 15,000 to 25,000 annual admissions: $900

4 COVERAGE PROVIDED UNDER THIS POLICY: GENERAL LIABILITY (covering all of your operations, rehearsals and fundraisers) PERSONAL AND ADVERTISING INJURY (libel and slander) DAMAGE TO PREMISES RENTED TO YOU MEDICAL EXPENSE SPECIALIZED INSURANCE COVERAGE AVAILABLE FOR ADDITIONAL PURCHASE: BUSINESS PROPERTY IMPROPER TOUCH LIMITED PROFESSIONAL LIABILITY AUTO WORKER S COMPENSATION 2314 University Avenue, West, Suite 20, St. Paul, MN Phone: Fax: [email protected]

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