2024-2025 Alberta School Fundraising Association Insurance Program
Does your school Fundraising Association need insurance? ASCA is pleased to announce a partner insurance program available to all Alberta school-based Fundraising Associations!
We are pleased to confirm that Lloyd Sadd has renewed this program for the 2024-2025 year!
Click Here to Purchase Coverage
ASCA has partnered with Lloyd Sadd to deliver a comprehensive insurance program for all Alberta school-based Fundraising Associations. We understand the unique challenges and responsibilities of school fundraising associations. We are excited to introduce a comprehensive insurance package tailored for your needs, including the following coverages:
3D Crime Coverage: $25,000 limit. (Bond and crime coverage - Bond is employee dishonesty)
Unfortunately, financial misconduct and embezzlement can happen in any organization. Our 3D crime policy helps shield your association's assets, maintaining trust and transparency in your financial management.
Commercial General Liability (CGL) / Non-Owned Automobile Liability (NOA): $2 Million and $5 Million Limits Available.
Protect your association from the unexpected. Whether you're hosting events, selling products, or providing services, CGL coverage ensures you're safeguarded against potential lawsuits and claims, providing peace of mind for your volunteers and members.
Non-profit D&O Protection: $2 Million and $5 Million Limits Available. (Directors and Officers Liability)
Your dedicated board members and officers deserve protection. Non-profit D&O insurance shields them from personal liability, allowing them to make confident decisions for the betterment of your association.
This insurance package not only keeps your association compliant with legal and regulatory requirements but also safeguards your mission, your volunteers, and the community you serve. It's an investment in your association's future.
Download Program Information (PDF)
Who should purchase this coverage? Non-profit incorporated entities existing to:
Policy Term: November 1, 2024 to September 1, 2025 (12:01 A.M. Standard Time) or date of purchase to September 1, 2025 (12:01 A.M. Standard Time) (10 months to align with the start of the school year.)
The policy will need to be renewed annually on September 1st.
Premium Payment is by Credit Card only. (This includes pre-paid credit cards, as well as Interac debit cards displaying the "Visa”, “Mastercard” or “AMEX” logo on it) Lloyd Sadd is working on an alternative payment option which we anticipate will be available very soon!
Pricing Options:
Organizations with annual budget of up to $50,000:
|
Option 1: |
Premium: $750 |
|
3-D Crime: |
$25,000 Each Insurance Agreement |
|
CGL / NOA: |
$2,000,000 Per Occurrence / $5M General Aggregate (total) |
|
Non-Profit D&O: |
$2,000,000 |
|
Option 2: |
Premium: $915 |
|
3-D Crime: |
$25,000 Each Insurance Agreement |
|
CGL / NOA: |
$5,000,000 Per Occurrence / $5M General Aggregate (total) |
|
Non-Profit D&O: |
$5,000,000 |
Organizations with annual budget of $50,001 up to $150,000:
|
Option 1: |
Premium: $915 |
|
3-D Crime: |
$25,000 Each Insurance Agreement |
|
CGL / NOA: |
$2,000,000 Per Occurrence / $5M General Aggregate (total) |
|
Non-Profit D&O: |
$2,000,000 |
|
Option 2: |
Premium: $1,080 |
|
3-D Crime: |
$25,000 Each Insurance Agreement |
|
CGL / NOA: |
$5,000,000 Per Occurrence / $5M General Aggregate (total) |
|
Non-Profit D&O: |
$5,000,000 |
Annual budget refers to total revenues/expenditures for the next fiscal year.
Note* unable to purchase online, additional information required if your organization:
The use of Dunk tanks and inflatable amusements is excluded from this policy. (insurance available from the company renting these from)
Insurance Options for Non Profit