ClubCover is a mono-line umbrella liability coverage for golf and country clubs offering a $25 million limit, cost-effective premiums and a fast, easy online system.
Venture Insurance Programs has announced that the Club Managers Association of America (CMAA) will have exclusive rights to distribute Venture’s ClubCover umbrella insurance product to clubs managed by its members.
ClubCover is a mono-line umbrella liability coverage for golf and country clubs offering a $25 million limit, cost-effective premiums and a fast, easy online system. It is offered on an admitted basis through a risk purchasing group (RPG), utilizing a master policy with each member receiving a certificate of insurance with separate limits of liability for each member.
ClubCover will be distributed by CMAA to its members and administered by Venture Programs through an A.M. Best “A++ (XV)” rated insurance company. Coverage can sit atop a club’s underlying coverage of any insurer with an A.M. Best “A-” VI rating or higher.
ClubCover’s three-step “Quick Indication” process is available at www.cmaa.org/clubcover, giving clubs and their agents and brokers an immediate, non-bindable premium response for $25 million limits. An underwriting referral may be required for certain types of exposures within the club (horseback, skiing, day camps, etc.).
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