Insurance Coverage for Provincial Associations or Chess Clubs

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  • Insurance Coverage for Provincial Associations or Chess Clubs

    Hello,

    Chess PEI recently incorporated as a non-profit organization, and we are investigating insurance coverage for our tournaments, chess clubs and other activities.

    We have received preliminary quotes of approximately:
    • $700 annually for $2 million in commercial general liability coverage; and
    • $500 annually for directors and officers coverage.

    Before proceeding, we are hoping to learn what other provincial chess associations or similarly sized chess organizations have arranged.

    Would you be willing to let us know:
    • whether your organization carries commercial general liability insurance;
    • whether you carry directors and officers insurance;
    • approximately what you pay annually;
    • the amount of coverage provided;
    • which insurer or broker you use;
    • whether your coverage is obtained independently or through a larger organization or group plan; and
    • whether affiliated clubs or tournament organizers are covered under the policy.

    Even a general response or approximate price range would be very helpful. We are simply trying to determine whether our quotes are reasonably comparable to those paid by similar chess organizations.

    Thank you for any information you can provide.

    Fred McKim
    President, Chess PEI
    fredmckim@gmail.com

  • #2
    Hi Fred, you can liaise with Keith Denning, Club Manager at ACC. He can share our insurance coverage plan with you (info@annexchessclub.com)

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