Overview of Presentation What Is The Alumni Association Insurance - PDF document

6/21/2018 Overview of Presentation • What Is The Alumni Association • Insurance Overview • Guidelines For Specific Activities June 15, 2018 2 What Is Alumni Association Corporate Status • Corporate Status • 501 (c) (3) corporation • Not UK • Tax Exempt • People Think UK • Local Clubs Generally Not Incorporated 3 4 Not UK People Think UK • Not Affiliated Corporation • Lay Public Assumes Alumni Association Is UK • Not Represented By UK Legal • Some Confusion About Who Is Responsible • Not Subject To • Your Actions Will Be Attributed To UK – Open Meetings – Open Records – Procurement Code 5 6 1

6/21/2018 Represent UK Well Insurance Overview • Always Portray Your Club In A Positive • General Umbrella Manner • Directors and Officers – Venues Will Want You Back – Students Will Want To Come Here – Parents Will Feel Good About The University – University Will Benefit From Your Positive Actions 7 8 General Umbrella Directors & Officers • Covers All Activities To Some Extent • Executives Of The Association • Specific Coverage • Employees Of The Organization – Volunteers • D & O Coverage Does Not Apply To Local – Employees Officers – Owners Of Equipment You Rent – Owners Of Premises You Rent 9 10 Guidelines For Activities Alcohol Generally • Where To Have Events • Avoid Alcohol • Alcohol • If You Are Going To Have Alcohol Use The • Road Trips Facility Staff Or The Professional Caterers • Boating/Fishing • Do Not Use Amateur Bar Tenders—This Is • Snow Skiing Not A Party In Your Home 11 12 2

6/21/2018 Do Not Worry Alcohol—No Insurance • The General Umbrella Policy Is Going To • Causing Intoxication Provide Protection In The Overwhelming • Serving Minors Majority Of Circumstances • Violation Of Other Local Laws • Failure To Provide Transportation 13 14 Road Trips Boating/Fishing • If Possible, Rent Buses Or Vans • The Insurance Policy Does Not Cover Damage To Water Craft • Insurance Coverage Generally Would Apply • If You Do Boating, Avoid Alcohol To Volunteers Who Drive Their Own Cars 15 16 There Are No Silly Questions Bottom Line • When In Doubt Ask • You Are Not UK • Far Easier To Take The Necessary Steps • You Represent UK BEFORE An Event Than To Clean Up The • Insurance Coverage Is Extensive Mess AFTER The Event • Be Thoughtful • Ask Questions BEFORE Action 17 18 3

6/21/2018 Questions 19 4