Date:       August 22, 2022

To:          All USA Skål Clubs 

From:     Arthur Allis, Vice President Finance

Subject: Participation in the group insurance coverage for:

                  Crime, Directors & Officers  

Skål International USA coordinates optional group insurance coverage for our clubs. It’s time once again to learn which clubs wish to participate in the group insurance coverage. Our renewal date is September 1, 2022, and we we would appreciate your prompt response.

In checking with our insurance agent, the expectation is there will be very little, if any, increase in the premiums of these three policies. The cost per club therefore should be very close to last year if the same number of clubs participate.

Currently 39 clubs participate in the Directors & Officers (D&O) coverage while 38 clubs participate in the Crime coverage; the annual premiums were $247.27 per club:

D&O coverage was $7,047.00 ($180.69 per participating club)

Crime coverage was $2,530 ($66.58 per club). For example, using the above rates from last year, SI Tucson received an invoice for:

                                  D&O                                            $180.69

                                  Crime                                           $ 66.58

                                  Total                                             $247.27

Skal USA paid $500.00 for an accident policy which all Skal USA members are eligible for. None of this cost was passed on to the clubs. 

Once renewal rates are confirmed for each policy, invoices to each participating club will be sent from Skål USA.

At your earliest convenience, please let both Skål USA's Administrators and me know if you do, or do not, wish to participate in this coverage for September 1, 2022 - August 31, 2023 by replying to skalusadmin@skalusa.org with a "yes" or "no".

Of course, please don't hesitate to reach out to me via email (arthurallis@icloud.com or telephone (520.991.6213) should you have any questions or wish additional information.