Non-Profit Professional Liability Policy (Directors & Officers Liability)
Carrier: Great American Insurance Company
Broker: Complete Equity Markets, Lake Zurich, IL
Limits: $1 million each occurrence, $2 million aggregate
Deductible: $5,000 for each loss
Premium: $2,000 annual
Renewal Date: 10/20
Property and General Liability Policy
Carrier: Travelers
Broker: Complete Equity Markets, Lake Zurich, IL
Liability Limits: $1 million each occurrence, $2 million aggregate
Property Limits: $513,980 building, $151,572 business property
Deductible: $250 per occurrence
Premium: $3,263 annual
Renewal Date: 2/18
Catastrophe Umbrella Policy – Commercial Excess Liability
Carrier: Travelers
Broker: Complete Equity Markets, Lake Zurich, IL
Limits: $1 million
Deductible: $5,000 deductible
Premium: $435 annual
Renewal Date: 2/18
Comprehensive Blanket Policy (employee/agent dishonesty, commercial crime)
Carrier: Travelers
Broker: Complete Equity Markets, Lake Zurich, IL
Limits: $1 million
Deductible: $5,000 deductible
Premium: $1,662 annual
Renewal Date: 1/30
Workers’ Compensation Policy [required by law]
Carrier: Travelers
Broker: Complete Equity Markets, Lake Zurich, IL
Limits: $100,000 per incident / per employee, $500,000 aggregate
Premium: $1,553 annual
Renewal Date: 2/18
Unemployment Compensation Policy [required by law]
Carrier: Lloyd’s
Broker: Complete Equity Markets, Lake Zurich, IL
Limits: Per state statutes
Deductible: $4,000 deductible
Premium: $500 annual
Renewal Date: 1/1
AELE “Key Man” Term Life Policy on WWS (AELE is beneficiary)
Carrier: NDAA Term Life (Reliance Standard Life Insurance Co.)
Broker: Complete Equity Markets, Lake Zurich, IL
Death benefit: $100,000
Premium: $7,708.40 annual ($1,927.10 quarterly)
Renewal Date: Quarterly: 2/1, 5/1, 8/1, 11/1
Insurance Policies 10/2015