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N0KFQ > ARRL 06.05.11 02:07l 90 Lines 3946 Bytes #999 (0) @ USA
BID : 7385_KB0WSA
Read: GUEST
Subj: ARRL Changes Insurance
Path: IZ3LSV<IK6IHL<IK6ZDE<VE2PKT<N9PMO<N0KFQ<KB0WSA
Sent: 110505/2221Z 7385@KB0WSA.MO.USA.NA BPQ1.0.4
Effective May 1st, the ARRL has changed program administrators
and insurance companies for its ARRL-sponsored Equipment
Insurance and Club Liability insurance plans. The League has
signed an agreement with Hays Affinity Group to serve as the
program administrator to provide equipment insurance to its
members who choose to elect coverage. In addition, Hays will also
provide club liability insurance to ARRL Affiliated Clubs for
those clubs that wish to take advantage of that program. Hays
will be replacing Marsh Affinity Group Services as the program's
administrator and will be introducing new policies for both
plans, underwritten by the Hanover Insurance Company.
Members who are currently insured under the old plans are likely
to receive a notice from Marsh, announcing the change. Be
assured, if you currently have equipment or club liability
insurance provided through Marsh Affinity Group, your coverage
will continue through the end of the current policy term. But
keep in mind that when your policy expires, your coverage will
not automatically be switched over to Hays. In addition,
beginning May 1, the ARRL will no longer be able to help you
resolve any issues you may have with Marsh, the insurance company
or their claims paying agent. Our contractual agreement with them
has been terminated.
If you wish to enroll in the new insurance plans, you must do so
with the Hays Affinity Group. You can sign up online and even
schedule your radio equipment online, too. With Hays Affinity
Group, you can have all your radio equipment covered, even the
computers, hard drives and printers in your shack. There are
several provisions in the new equipment insurance plan that we
believe are improvements over the old plan. Coverage for towers
and antennas is now up to $15,000 of replacement cost, 50% more
than the old policy. In addition, any newly acquired equipment
during the policy term, up to a value of $2,000, will be covered
until your next policy renewal (you must notify Hays within 60
days of acquisition). The low deductibles on the policy have also
been retained. There is a $50 deductible for replacements and $25
for repairs. The coverage is as comprehensive as the old plan
including fire, theft, lightning, wind and flood damage to your
equipment. The new premium is $1.40 for every $100 of replacement
value insured. This is slightly less than in the past.
The Club Liability insurance plan now provides the same general
liability insurance for most clubs for only $200 per year (add
$100 per year if the club wants to include non-owned or leased
auto liability coverage). The standard limit for the policy is
$1,000,000 per occurrence ($2 million in the aggregate) but if
your club needs a higher limit, you can call the Hays Affinity
Group for a quote.
To have your equipment covered under the new policy, you will
have to enroll with Hays to continue coverage under an
ARRL-sponsored plan. If you wish to switch to either of the new
insurance policies now, you can either cancel your policy with
Marsh and sign up with Hays, or wait until your policy with Marsh
is due for renewal and then sign up with Hays for coverage. If
you choose to cancel with Marsh before renewal, you will receive
a pro-rated refund of any unused premium fees you have paid. For
more information you can contact the Hays Affinity Group at:
Hays Affinity Group
Attn: ARRL Insurance Program
1400 Renaissance Drive, Suite 300
Park Ridge, IL 60068
Phone: (866) 819-0209
E-mail: ARRL@hayscompanies.com.
The ARRL has been providing opportunities for equipment insurance
to its members for more than 25 years. We believe that the
programs administered by Hays will offer ARRL members the
coverage they need and excellent customer service.
73,
Barry J. Shelley, N1VXY
Chief Financial Officer
ARRL, Inc.
73, K.O. N0KFQ
Another old retired guy
E-mail: n0kfq@winlink.org
N0KFQ@N0KFQ.#SWMO.MO.USA.NA
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