Managing Risk at Your Post

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Managing Risk at Your Post

• VFW Post Insurance Program

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Transportation Presentation
Coverage Needed for Posts

• Date

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Typical Coverages for a Post
Coverage Overview

• Property
• General Liability
• Liquor Liability
• Business Auto
• Workers Compensation
• Special Events
• Directors Officers
• Umbrella

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Property Coverage
Coverage Overview
Covers

• Building
• Business Personal Property
• Business Income
• Ordinance and Law Change

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General Liability Coverage
Coverage Overview

• Protects Post, officers and members
• Defends and pays judgment when accused of
  negligence by a third party
• Covers injury or death to people and property
  damage to property of others. (Covers at the Post
  and at any other location)
• Host Liquor Liability covered
• Limits available 300,000 to 1,000,000
• If you are served with suit papers Report to
  Insurance Company immediately

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Medical Payments
Coverage Overview

• Pays medical cost to injured party up to 5,000
• Does not require proof of negligence
• Covers Members
• Quick payment produces goodwill

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Liquor Liability coverage (Dram Shop)
Coverage Overview

• If in the business of sale or service of alcohol
  (operation of a canteen)-excluded by general
  liability
• Liquor Liability covers Post for alleged
  negligence when a patron is served alcohol and
  causes accident with bodily injury or death or
  property damage
• Exposure varies by state
• Limits available 100,000 to 1,000,000

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Actual Liquor Claims
Liquor Liability Coverage

• Over Serving/Under-Age Drinking Claim
• Post served a 17 year old boy who upon leaving
  the Post, crossed the center line, striking a
  motorcycle. The motorcyclist sustained serious
  leg injuries. Within 2 hours of the accident the
  17 year old blew a .22, which was over twice the
  legal limit. The Post has been named in this
  lawsuit because they allegedly caused and
  contributed to the intoxication of the defendant.

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Actual Liquor Claims
Liquor Liability Coverage

• Over-Serving/Fall Claim
• Man was drinking at the Post bar, after several
  hours and beers, the man climbed up onto the bar,
  reached over to ring the bell, and fell. He was
  injured and died 11 days later as a result of
  those injuries. The Post has been named in a
  lawsuit because they have been accused of
  over-serving the man, which led to the fall,
  which caused his subsequent death.

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Actual Liquor Claims
Liquor Liability Coverage

• Over Serving/Fatality Claim
• A member of the Post, and a regular at the bar,
  spent most of the afternoon drinking at the Post.
  After too many drinks, he fell off of his
  barstool. The bartenders decided not to call 911
  because they didnt want the Post to get into
  trouble. Instead, they took the member out to his
  truck to sleep it off. After several hours a
  relative of the individual stopped by the post to
  find the man still in his truck. He was taken to
  the hospital, where he died several days later.
  The post is in the middle of a very messy
  lawsuit.

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Preventing Liquor Claims
Liquor Liability Coverage

• How can you prevent liquor-related claims?
• Liquor Liability Loss Control
• Post Leadership commitment to controlling
  exposure
• Alcohol Server Training
• Active Liquor Liability Loss Prevention Program

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Business Auto Coverage
Coverage Overview

• Covers autos owned by the Post
• Liability 300,000 to 1,000,000 limit
• Physical damage
• Hired and non-owned liability
• Hired covers liability from operation of rented
  auto
• Non-owned covers liability from operation of a
  non-owned auto (members auto) on Post business

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Umbrella Coverage
Coverage Overview

• Provides additional limit above
• General Liability
• Liquor Liability
• Auto Liability
• Typical limit is 1,000,000

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Workers Compensation Coverage
Coverage Overview

• Required by state law
• Pays benefit for employees
• Medical expense
  Lost wages
  
  Death benefit to estate
• Can cover volunteers (in most states)

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Directors Officers Coverage (DO)
Coverage Overview

• Bad decision protection
• Covers Post and officers
• Can include Employment Practices Liability (EPL)
• Wrongful termination
• Sexual harassment
• Discrimination
• Fiduciary liability
• Does not cover bodily injury or property damage
• Risk management consultation included

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Special Events Coverage
Coverage Overview

• Fireworks
• Parades
• Rodeo
• Amusements/Carnival
• Concerts
• Discuss with your Agent

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Transportation Presentation
Controlling Risk at the Post
Date
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Controlling Risk

• Normal Post activities create risk
• Insurance is the most common way to protect Post
  assets in the event of a loss
• Loss prevention/safety inspection plan can reduce
  potential for loss
• Liquor Liability Loss Control
• Regular training of bar tenders
• Training often available from your supplier
• Establish procedures to prevent over-serving
• Is your Post incorporated?
• Are your members included as additional insured
  under the Posts liability policy?

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Controlling Risk

• Is Post named as an additional insured on policy
  of
• - Any tenant if part of the property is leased to
  others
• - Renter of space
• Use a Rental Contract
• Make renter responsible
• To individuals (weddings, etc.) Request proof
  of insurance
• To commercial user (office party, etc.) -
  require certificate of insurance with
  Post named as additional insured
• - Any vendor doing work or providing services
• Certificate of insurance with Post named as
  additional insured

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Transportation Presentation
Program Overview
Date
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Program Overview

• Program started in 1988
• Initially started to offer Liquor Liability
• Over 2,300 VFW Posts participating in program
• Official Property and Casualty program endorsed
  by the VFW
• Tailored specifically for coverages VFW Posts
  need
• Free, no-obligation quotation offered

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Program Highlights

• Offers VFW Posts a solution
• Can include Auxiliary
• Competitive pricing
• Convenient payment terms
• Flexibility
• One-stop shopping
• 24-hour claims reporting
• Dedicated customer service
• Insurance coveranges provided by company rated
  Excellent by A.M. Best

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Post Accidental Death Dismemberment (ADD)

• Accidental death benefit of 1,050
• Benefit doubles to 2,100 if accident occurs on
  the Post premises or at a Post event
• Benefit also provided for accidental loss of
  limb(s) or sight
• All members of Post in good standing are included
  in the policy automatically
• Minimal cost of 1.35 per member per year paid by
  the Post
• Optional coverage in addition to the No-Cost
  ADD coverage included with VFW membership

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Health Insurance

• Competitive, affordable health coverage options
  designed to fit the needs of VFW members and
  their families.
• Short-Term Plans
• Bridges the gap after Tricare
• Retirees who are not yet eligible for Medicare
• People between jobs a great alternative to
  COBRA
• Individual or Family Medical Plans
• Individuals, Families, Child-only policies
• Employees without an employer-sponsored group
  health plan
• People seeking the ability to choose their own
  plan benefits

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Member Benefits

• Senior Term Life
• Voluntary ADD
• Juvenile Life
• Medicare Supplement
• Part D
• Cancer Insurance
• Pet Insurance call 1-800-872-7387
• Automobile Insurance Plan call 1-800-354-0181
• Health Insurance call 1-800-829-8390

call 1-800-749-6983
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New Insurance Website
For all insurance products available to VFW
Members and Posts www.vfwinsurance.com
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Questions?

• Contact Us at
• VFW Post Insurance Program1-800-829-8390
• www.vfwinsurance.com