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The Oracle: Phi Mu Delta's Membership Manual

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fraternity purchases liability insurance, which is insurance that protects the organization<br />

<strong>The</strong><br />

claims from legal liability, provides legal defense, and pays sums necessary to settle<br />

against<br />

insurance coverage will pay claims for the following organizations and/or people while<br />

<strong>The</strong><br />

the duties of their elected or appointed positions within the organization ONLY IF<br />

performing<br />

laws and policies of the institution, city, county, state, country and fraternity have been<br />

the<br />

followed:<br />

chapter officers, executive board, committee chairman and members<br />

Collegiate<br />

performing the duties of their positions within the organization.<br />

while<br />

volunteer advisors while performing the duties of their positions within the<br />

All<br />

organization.<br />

house corporations/property management teams while performing their<br />

Local<br />

duties.<br />

chapters, clubs and associations and chapter-related educational<br />

Alumnni<br />

their officers and volunteers while performing their duties.<br />

foundations,<br />

harm to someone else. This is not a personal liability policy; it only protects volunteers<br />

cause<br />

within the scope of their duties.<br />

working<br />

individual member, alumnus, trustee, or advisor who is performing tasks<br />

Any<br />

of their responsibility (e.g., spontaneous social function planned by an<br />

outside<br />

member, chapter advisor consuming alcohol with collegians, hazing of<br />

individual<br />

etc.).<br />

members,<br />

member whose illegal or intentional actions result in death or injury to an<br />

Any<br />

or property damage.<br />

individual<br />

INSURANCE & RISK MANAGEMENT FREQUENTLY ASKED QUESTIONS<br />

What type of insurance do we have?<br />

claims against the fraternity.<br />

Who is covered under the insurance policy?<br />

collegiate chapter, when it obeys the laws of the institution, city, county, state,<br />

A<br />

country entities and the policies of the fraternity.<br />

and<br />

clubs and their volunteers when acting within the scope of their duties.<br />

Parents<br />

insurance does not cover anyone who is acting in a criminal way, or a way that could<br />

Our<br />

Who is not covered by this policy?<br />

parents or family members and guests of chapter members.<br />

Members'<br />

administration<br />

College/university<br />

86

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