Re: Insurance | <– Date –> <– Thread –> |
From: Janey Harper (jkharpertelus.net) | |
Date: Mon, 26 Jul 2021 12:42:14 -0700 (PDT) |
Thanks to those of you sharing information and advice. So far the companies which I have contacted here in Canada refuse to offer ONLY liability insurance for directors; they require us to purchase insurance for the as-yet-not-built assets as well! It would be great if any cohousing communities in Canada could provide me with leads to a Canadian insurance company who would provide just the directors' liability insurance until we need the other. This has been quite the learning experience. Janey Message: 1 Date: Sat, 24 Jul 2021 08:54:36 -0700 From: Jack & Carolyn Salmon <2salmon [at] earthlink.net> To: "cohousing-l [at] cohousing.org" <cohousing-l [at] cohousing.org> Subject: Re: [C-L]_ Insurance Message-ID: <77DFACB7-557C-46FE-99FE-628B14764D07 [at] earthlink.net> Content-Type: text/plain; charset=utf-8 Hi Janey, I suggest that you interview a couple of insurance agencies that specialize in commercial insurance. Tell them you are looking for education and then you will be purchasing appropriate insurance. There are policies specifically designed to cover board (director?s) liability. In the future you will be purchasing insurance to cover your community owned properties and community liabilities, so it is worth their time to talk with you. We also found it useful to talk with our attorney about community and board liability. Carolyn Quimper Village > > Message: 2 > Date: Tue, 20 Jul 2021 07:15:45 -0700 > From: Janey Harper <jkharper [at] telus.net> > To: cohousing-l [at] cohousing.org > Subject: [C-L]_ Insurance > Message-ID: <21AA2200-E45F-45BE-95CF-22DBB8A72330 [at] telus.net> > Content-Type: text/plain; charset=utf-8 > > We are working closely with a development Company who is providing most of the funding during the construction phase of our community. > > We are also set up as a legal Society and have a Board of Directors who will soon be passing resolutions on financial matters. > > Before talking to insurance experts, I wanted to ask if anyone has experience purchasing insurance for either of the two situations outlined above. > > I am particularly interested in considerations and recommendations re. liability insurance during pre-construction phase, when the Board is passing resolutions and making decisions about borrowing and loaning money. > > Thanks > Janey Harper > The Coastal Village > Sechelt, BC, Canada > > ?The mind that opens to a new idea never returns to its original > size.? Albert Einstein > ********************************************
- Re: Insurance, (continued)
- Re: Insurance Peter Orbeton, March 9 2021
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Insurance Janey Harper, July 20 2021
- Re: Insurance Mary Baker, Solid Communications, July 21 2021
- Re: Insurance Jack & Carolyn Salmon, July 24 2021
- Re: Insurance Janey Harper, July 26 2021
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Re: Insurance Bob Leigh, July 26 2021
- Re: Insurance Mary Baker, Solid Communications, July 26 2021
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