Frequently Asked Questions: Annual Liability Insurance

• What is annual general liability insurance?
  What is annual general liability insurance?

  Annual general liability insurance is necessary for organizations that are consistently working in environments that require insurance coverage (rented venues, schools, etc.). It mainly covers against damage to rented/owned spaces and injury to spectators who attend the organization's events. It can also cover injury to performers upon request (the same coverage provided under Volunteer Accident insurance, as required by Actors Equity Association for Equity Showcases).

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• What are the limits of this insurance?
  What are the limits of this insurance?

  The limits are: $3,000,000 general aggregate; $1,000,000 each occurrence; $1,000,000 personal and advertising injury; $100,000 fire damage legal liability; $5,000 medical expense coverage per occurrence (if requested)

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• Is there a deductible?
  Is there a deductible?

  No, there is not.

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• How much does it cost?
  How much does it cost?

  Each policy must be individually underwritten by the insurance company, so we can't guarantee a particular rate in advance. The insurance companies use annual payroll figures as well as attendance figures to rate the policies. We can report that to date, organizations that are small and don't produce many events throughout the year will have annual policies of about $500 (the minimum) to $1000 (these figures do not include our binder fee).

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• What can be insured under these policies?
  What can be insured under these policies?

  Through this program, we've insured a variety of different artistic organizations -- theater companies, dance companies, music organizations, film organizations, art galleries, etc.

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