Special Events Coverage - When Is It Needed?

by Nicki Hess

Is your district a member of the TASB Risk Management Fund’s (Fund) Property and Liability program?  If so, then heads up!  As the spring semester approaches, special events coverage becomes a popular request among Property and Liability members.  Because many events such as high school prom, high school graduation, spring sports play-offs, exhibitions, and bazaars occur off-site, many facilities will require that an endorsement adding them as an additional insured be added to the district’s liability coverage.

Additional insured endorsements cannot be added to the Fund’s Property and Liability coverage due to the limitations of the Interlocal Cooperation Act.  Because the Fund only provides coverage to educational related entities, we are limited in our ability to provide additional insured endorsements to non-educational entities. However, we can facilitate coverage for members and  their special events needs.

The Fund is able to provide coverage with limits of $1,000,000 for each occurrence, with a $2,000,000 general aggregate.  The program is fully underwritten by Mid-Continent Casualty Company, which allows the Fund to name additional insureds on these policies.  Pricing is based on event attendance per day, number of days, and type of event.  If you have questions regarding special events coverage, contact the Underwriting Department at 800.482.7276.