[SARA-Members] SARVAC Insurance

[Monica Ahlstrom]

Hi everyone,

 

Following is the link to the Algoma website with information on the
insurance. http://www.algomains.com/sarvac.html

 

Please review it. SAR Alberta needs all teams in the province to let us know
if you are taking the insurance or not and how many members you have, how
many directors and your operating budget for the year. 

 

The original plan was to have the insurance in place by December 1, but some
teams have not responded and others are not sure they want it. WE are now at
the stage where a straight yes or no answer is needed.

 

To address some of the concerns the SARVAC insurance is more detailed than
any coverage you will find on your own. The people who work for Algoma and
the lawyer who wrote it up with SARVAC are all SAR volunteers and so were
very detailed in their approach. A gap analysis was done to see what areas
may not be covered in a standard insurance policy. The policy is not just
for liability, it is D&O, covers for fundraising, defence costs, tribunal
costs, environmental spill costs,

and on and on.

 

Please check out the website and ensure that your team has gotten back to
Mary Ann with SAR Alberta and that you have given a clear yes or no answer
and if a no - an explanation.

 

Nationally SARVAC is working with SAR Alberta and all the provinces to have
the insurance paid for all teams across Canada. However, if they do not have
accurate numbers they will not be able to move forward.

 

This is important - if you don't have the information you need contact me
directly. If you want the policy itself I will get Algoma to send it -
however, it is a 65 page document that is very difficult to understand.
Algoma has offered to do a more detailed overview of what is or isn't in the
policy and send out whatever info you need. 

 

We will be moving ahead on this by the end of next week.

 

Moncia

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