Many of the chapters of the AAW have asked for two new insurance programs as new benefits to protect them.  The first is insurance to protect the moveable property of the chapter like lathes, TVs, video and audio equipment, libraries, etc.

AAW is pleased to announce a new chapter benefit to all US AAW chapters.  We have secured a group insurance policy for a very nominal rate that will insure your chapter’s belongings such as tools, equipment, materials, etc. It also includes personal property of others that is under your control.   The yearly premium for this coverage is $250 per $20,000 of equipment, etc. coverage.  If you store equipment at different locations or transport it to meetings or events, you can get a “Location Floater” for an additional $50 per $20,000 coverage to cover your belongings while away from you primary location.

The insurance is offered through our agent, Michael George of AMJ Insurance, Inc., who also offers Business Owners Policy to members of the AAW.  The insurance policy is underwritten by a US rated A+ company.  To apply, download the attached “AAW Chapter Property Insurance Application” then complete and submit it.

If your chapter requires insurance for your buildings as well or if you require business liability coverage, we have a very good policy that many of our full time professionals have had for several years that is very affordable and could be purchased by the chapters as well.

If you are an officer or director of your AAW chapter, as an additional benefit, we have also arranged for your chapter to be able to purchase affordable group insurance to protect all of the chapter officers, directors and their spouses from liability claims.  The cost of premiums for this range from $375 to $700 depending on how much liability coverage you desire (from $500,000 to $1,000,000).

To apply for the D&O policy, download the attached “AAW Chapter Officer and Director Liability Insurance Application” then complete and submit it via mail to the address listed on the bottom of the application.

Click here to download the chapter property insurance application.
Click here to download the chapter liability insurance application.