[Board-2018] Insurance

[Wes Smith]

Hi Glenn,

 

What does Terrorism Insurance cover that our current insurance would not cover? 

 

I called my insurance agent asking about Terrorism Insurance. The insurance coverage resulted from 911 and offered to ALL commercial insurance policies. If an incident is classified an Act of Terrorism our commercial insurance is null and void.

 

I suggest we get a written statement from Joe stating the benefits of the insurance. 

 

Thanks,

 

Wes

 

 

 

From: Board [mailto:board-bounces at portsmouthyc.org] On Behalf Of Glenn Michael
Sent: Monday, May 28, 2018 1:09 PM
To: Board of Directors
Subject: [Board-2018] Insurance

 

Got an insurance proposal from Joe for Terrorism Insurance.  It is $257 for a year.  I do not think that we need this coverage.  We have refused it before.

 

Please let me know by Wed. night if you think we NEED this.  No response means no.

 

Thanks,

 

Glenn

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