AMA Insurance for AMA Insurance for MembersMembers

A lot of insurance benefit for A lot of insurance benefit for little cost!!little cost!!

Did you know??Did you know??Included in your dues AMA provides Included in your dues AMA provides

Liability insurance to protect you, Liability insurance to protect you, your family, and your assets!!your family, and your assets!!– And it pays if you are injured by And it pays if you are injured by

another member’s negligence!another member’s negligence!

Medical insurance to cover unpaid Medical insurance to cover unpaid bills!!bills!!

Fire and theft insurance on your Fire and theft insurance on your models!!models!!

How much protection do How much protection do I get?I get?

Liability insurance limits of Liability insurance limits of $2,500,000 per accident$2,500,000 per accident– $250 property damage deductible$250 property damage deductible

Medical coverage limits of $25,000Medical coverage limits of $25,000(plus $10,000 death benefit and(plus $10,000 death benefit anddismemberment benefits)dismemberment benefits)

Model fire & theft damage coverage Model fire & theft damage coverage upupto $1,000 per memberto $1,000 per member

What makes that such a What makes that such a great deal?great deal?

$2,500,000 homeowners insurance $2,500,000 homeowners insurance with an umbrella would probably cost with an umbrella would probably cost you you at leastat least $400!! $400!!

Medical insurance with a $25,000 limit Medical insurance with a $25,000 limit would probably cost $20 per month.would probably cost $20 per month.

And the model fire & theft insurance And the model fire & theft insurance can only be purchased with a can only be purchased with a homeowners policy, at additional homeowners policy, at additional premium.premium.

And all of this is And all of this is INCLUDED INCLUDED

in your $58 annual in your $58 annual dues.dues.

Along with lots of other AMA Along with lots of other AMA benefits.benefits.

You Know What??You Know What??

AMA Membership AMA Membership Really Is A Bargain!!!Really Is A Bargain!!!

Who is Insured?Who is Insured?

Liability Liability InsuranceInsurance

Paid MembersPaid Members VolunteersVolunteers Intro PilotsIntro Pilots Chartered ClubsChartered Clubs Site Owners Site Owners

(when requested) (when requested) Show OrganizersShow Organizers Event SponsorsEvent Sponsors Contest DirectorsContest Directors

Medical CoverageMedical Coverage Paid members onlyPaid members only

Model Aircraft Fire Model Aircraft Fire & Theft Coverage& Theft Coverage

Paid members onlyPaid members only

What is Liability What is Liability Insurance?Insurance?And why do I need it? And why do I need it?

Liability insurance protects you from Liability insurance protects you from claims or lawsuits claiming your legal claims or lawsuits claiming your legal responsibility for damage or injury responsibility for damage or injury caused by your caused by your negligentnegligent act(s). act(s).

– Protection against negotiated Protection against negotiated settlement or court judgments.settlement or court judgments.

– Pays for the cost of investigation and Pays for the cost of investigation and legal costs, including defense attorney legal costs, including defense attorney fees. fees.

– Interest on judgments and other related Interest on judgments and other related costs. costs.

What are What are negligentnegligent acts? acts?

Examples:Examples: Loss of control of aircraft, strikes Loss of control of aircraft, strikes

another member or spectator, or another member or spectator, or vehicle.vehicle.

Inattention or error in takeoff or landing, Inattention or error in takeoff or landing, aircraft strikes person or vehicle. aircraft strikes person or vehicle.

Helper injured by propeller when you Helper injured by propeller when you accidentally hit the throttle. accidentally hit the throttle.

Clubs and club officers Clubs and club officers are covered also!are covered also!

Premises liability, such as slip-and-Premises liability, such as slip-and-fall due to defect in the premises, or fall due to defect in the premises, or bleacher collapse.bleacher collapse.

Injury or damage caused by club Injury or damage caused by club activities.activities.

Claim or suit against a club officer Claim or suit against a club officer alleging injury due to lack of safety alleging injury due to lack of safety enforcement or similar allegations of enforcement or similar allegations of officer officer negligencenegligence. .

Remember:Remember:

AMA liability insurance is a AMA liability insurance is a legal legal liabilityliability coverage. That means that coverage. That means that the the insuredinsured must be must be legally liablelegally liable due to due to negligencenegligence before payment before payment is offered to the injured party. is offered to the injured party.

– This is not a This is not a voluntaryvoluntary payment payment coverage. coverage.

All Policies Have All Policies Have ExclusionsExclusions

Model to Model Model to Model DamageDamage

Family Member Family Member InjuriesInjuries

Obsolete Radio Obsolete Radio Equipment (per Equipment (per FCC)FCC)

Frequency Frequency Interference Interference (unless event (unless event impound error)impound error)

Business Pursuits Business Pursuits (profit to individual (profit to individual members or their members or their business)business)

Automobile Automobile LiabilityLiability

Boats over 26’ Boats over 26’ longlong

And other And other “standard” “standard” exclusionsexclusions

Special FeatureSpecial FeatureSite Owner CoverageSite Owner Coverage

The $2,500,000 liability limit that The $2,500,000 liability limit that applies to site owners applies per applies to site owners applies per location (site), so the limit is available location (site), so the limit is available to the site owner at each insured site.to the site owner at each insured site.

This means the site owner does not This means the site owner does not have to be concerned about sharing have to be concerned about sharing the limit with 2,500 other site owners. the limit with 2,500 other site owners.

The liability policy is The liability policy is excess coverageexcess coverage

Why?Why? Homeowners policy specifically Homeowners policy specifically

insures you and is primary.insures you and is primary.

Required by insurance company to Required by insurance company to keep premium cost down.keep premium cost down.

Saves AMA and its members over Saves AMA and its members over $100,000 each year in insurance $100,000 each year in insurance costs. costs.

Myth-BusterMyth-Buster

MythMyth

AMA insurance isn’t any good- looks for AMA insurance isn’t any good- looks for ways to deny coverage.ways to deny coverage.

FactFact

AMA and its insurance company have AMA and its insurance company have paid out almost $4 million for liability paid out almost $4 million for liability

claims since 1999.claims since 1999.

Number of claims where AMA denied Number of claims where AMA denied coverage is coverage is ZEROZERO

FACTFACT

Only one claim has been denied Only one claim has been denied in the last 20+ years.in the last 20+ years.– That was a member who That was a member who

intentionally flew his plane into a intentionally flew his plane into a blimp!!blimp!!

Myth-BusterMyth-Buster

MythMythAMA uses the waiver on the AMA uses the waiver on the

membership application to deny membership application to deny coverage based on assumption of coverage based on assumption of

risk. risk.

FactFactAMA has never denied a claim on the AMA has never denied a claim on the

basis that an AMA member basis that an AMA member acknowledged that model flying acknowledged that model flying

posed risksposed risks

Want to know the value Want to know the value of AMA Liability of AMA Liability insurance? insurance? Ask the members who had a serious or Ask the members who had a serious or

catastrophic accident and AMA catastrophic accident and AMA coverage stepped up to pay the coverage stepped up to pay the

injured party, protecting the member, injured party, protecting the member, his family and his assets.his family and his assets.

Or the club that had a bad premises Or the club that had a bad premises accident and AMA paid on behalf of the accident and AMA paid on behalf of the

club. club.

AMA insurance is valuable, and it AMA insurance is valuable, and it works to protect YOU!!works to protect YOU!!

Questions? Questions?

Medical InsuranceMedical Insurance

$25,000 limit $25,000 limit Voluntary CoverageVoluntary Coverage No requirement of fault (negligence)No requirement of fault (negligence) Covers only AMA membersCovers only AMA members While engaged in model operationsWhile engaged in model operations Excess of member’s own insuranceExcess of member’s own insurance $750 deductible$750 deductible

Death BenefitDeath Benefitand Dismemberment Benefitand Dismemberment Benefit

Pays $10,000 to the estate of any Pays $10,000 to the estate of any AMA member whose death is a AMA member whose death is a direct result from an accident direct result from an accident involving modeling activity.involving modeling activity.

Scheduled benefits for loss of Scheduled benefits for loss of eye, hand, foot, arm or leg.eye, hand, foot, arm or leg.

Why is it excess of my own Why is it excess of my own insurance? Why is the insurance? Why is the deductible $750?deductible $750? Excess of your own insurance is Excess of your own insurance is

required by the insurance company.required by the insurance company.

Reduces cost to AMA and its members. Reduces cost to AMA and its members.

Most members have group health Most members have group health insurance- either private or Medicare.insurance- either private or Medicare.– No impact on their cost if they make a No impact on their cost if they make a

claim.claim.

Deductible increase allowed AMA to Deductible increase allowed AMA to maintain the high limit. maintain the high limit.

Model Fire or Theft Model Fire or Theft CoverageCoverage

$1,000 limit per member per year.$1,000 limit per member per year. $100 deductible.$100 deductible. Excess of homeowners or other Excess of homeowners or other

insuranceinsurance Covers fire damage while in a Covers fire damage while in a

structure or vehicle.structure or vehicle. Covers theft from a locked vehicle Covers theft from a locked vehicle

or structure.or structure.– If evidence of forced entry and If evidence of forced entry and

reported to police. reported to police.

Model Fire or Theft Model Fire or Theft CoverageCoverage

Pays for material, components or Pays for material, components or kits only.kits only.

Only applies to model aircraft.Only applies to model aircraft. Does not insure your own labor.Does not insure your own labor. Material, components or kit costs Material, components or kit costs

must be documented by receipts must be documented by receipts or verification from hobby shop or or verification from hobby shop or other supplier.other supplier.

Must be for same or similar model.Must be for same or similar model.

Liability Claim ReportingLiability Claim Reporting

Any serious incident needs to be Any serious incident needs to be reported as soon as possible.reported as soon as possible.

During regular business hours call During regular business hours call the the Special Services Department Special Services Department (SSD) (SSD) atat(800) 435-9262 and talk to Amy (800) 435-9262 and talk to Amy Wilson, ext. 252Wilson, ext. 252

After hours, leave a voice mail After hours, leave a voice mail message or send an e-mail to message or send an e-mail to amyw@modelaircraft.orgamyw@modelaircraft.org

Liability Claim ReportingLiability Claim Reporting

SeriousSerious bodily injury accidents require a bodily injury accidents require a different line of action and MUST be different line of action and MUST be reported to AMA reported to AMA right awayright away!!

During regular business hours call (800) During regular business hours call (800) 435-9262 for Amy Wilson, ext 252 or 435-9262 for Amy Wilson, ext 252 or Ilona Maine, ext 251.Ilona Maine, ext 251.

After hours or weekends call Carl After hours or weekends call Carl Maroney at (765) 749 2277 - Maroney at (765) 749 2277 - This is only This is only for emergencies!for emergencies!

What do you consider an What do you consider an emergency?emergency?

Injury Injury requiring more than on-site requiring more than on-site first aid, such as transport to a first aid, such as transport to a medical facility by ambulance or medical facility by ambulance or private vehicle. private vehicle.

Property Damage Property Damage resulting a resulting a severe damage to a structure, or severe damage to a structure, or a timber or grass fire endangering a timber or grass fire endangering persons or structures. persons or structures.

HQ Contact Information HQ Contact Information for Claims Reportingfor Claims Reporting

Contact the Special Services Contact the Special Services Department byDepartment by– Phone/Voice Mail: (800) 435-Phone/Voice Mail: (800) 435-

92629262Amy Wilson, extension 252Amy Wilson, extension 252

– E-mailE-mailamyw@modelaircraft.orgamyw@modelaircraft.org

Medical Claims Medical Claims ProcedureProcedure

You will be provided with a claim You will be provided with a claim report form to be completed and report form to be completed and returned to AMA’s SSD.returned to AMA’s SSD.

SSD then reports the claim to SSD then reports the claim to Chubb Insurance Company for Chubb Insurance Company for handling. handling.

Model Fire or Theft Model Fire or Theft ClaimsClaims

You will be provided a claim You will be provided a claim report form to be completed and report form to be completed and returned to AMA’s SSD.returned to AMA’s SSD.

AMA will assign your claim to AMA will assign your claim to VeriClaim, an independent claim VeriClaim, an independent claim adjusting company, for handling. adjusting company, for handling.

To SummarizeTo Summarize

AMA insurance is a bargain for AMA insurance is a bargain for members and clubs.members and clubs.

We are here to help you with We are here to help you with insurance questions or claim issues. insurance questions or claim issues.

Contact us at AMA headquarters by Contact us at AMA headquarters by calling (800) 435-9262 and asking calling (800) 435-9262 and asking for the Special Services Department.for the Special Services Department.

DiscussionDiscussion

QuestionsQuestions CommentsComments ConcernsConcerns How can we help? How can we help?