Preparedness 3: Do You Know Where Your Coverage Is?
Review your policy--meaning actually read it--every year, so that there are no surprises. Then ask these important questions. [Article from AACT Spotlight]
Preparedness 2: How Do We Know When It's Time?
Most companies are extremely cautious about extending coverage
proposals for more than 30 days, which is why most quote proposals expire after 30 days, at which time we have to reapply. [Article from AACT Spotlight]
Preparedness 1: Who's Responsible for Closing the Gap?
We are ultimately responsible for making sure our theatres are completely protected. It is up to us to do our homework when choosing the people and companies that will represent us when we suffer a loss. Here's how. [Article from AACT Spotlight]
Inland Marine Insurance: A Contradiction in Terms?
Insurance coverage that floats, or follows the theatre wherever their properties may be, is called inland marine, and refers to insurance coverage for property that is floating, or moving around, on dry land. [Article from AACT Spotlight]
Hired/Non-Owned Auto Liability
As careful as we try to be, one accident involving a volunteer or staff member in their own car--but on company business--can have a tremendous impact. [Article from AACT Spotlight]
General Liability: Fire/Legal Liability
Depending on the policy exclusions, claim situations or contracts, fire legal liability and general liability are meant to cover two completely different types of claims. [Article from AACT Spotlight]
Employment Practices Liability: Volunteers
Organizations such as ours apply employment practices every day to people who never get paid a cent, and this should be taken into account when considering whether or not to purchase EPL insurance. [Article from AACT Spotlight]
Directors & Officers Liability Insurance
Examples of claims that your board may be liable for include mismanagement of funds, mistreatment of volunteers, irresponsible administration or management, and even unfair hiring or termination procedures. [Article from AACT Spotlight]
Crime Insurance: Employee Dishonesty Coverage
Even if a policy includes theft protection, theft by employees is excluded from that coverage. That's where Employee Dishonesty coverage comes into play. [Article from AACT Spotlight]
Business Income: To Protect or Not to Protect?
Business Income protection is an inexpensive addition to the property portion of your insurance package that can keep you going if the theatre is unable to operate due to a loss that is covered by insurance. [Article from AACT Spotlight]