[Board-2018] Insurance

[Glenn Michael]

Hi Again,

I appreciate the involvement and commitment of this board...it is great.

Concerning this "terrorism insurance".  I am of the firm opinion that we do
not need it.  If ANYONE needs more information, or needs to discuss this
with our agent, or needs a written statement, please do it...I will not.  I
hate to repeat myself, but I will.  If you feel that there needs to be a
formal vote on this issue, please let me know.  I believe in complete
transparency on stuff like this, but we need to decide on this soon.

Thanks,

Glenn

On Tue, May 29, 2018 at 9:50 AM, Wes Smith <wsmith5125 at comcast.net> wrote:

> 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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