Venture Launches Mono-line Umbrella Coverage for Golf, Country Clubs

October 4, 2010

Venture Insurance Programs has launched ClubCover, a new mono-line umbrella liability coverage for golf and country clubs offering proper limits, more cost-effective premiums and a fast, easy online system.

ClubCover provides a $25 million limit on an admitted basis through a risk-purchasing group (RPG), utilizing a master policy with each member receiving a certificate of insurance.

Unlike many RPGs, ClubCover has separate limits for each member. It is provided on a monocline basis through an A.M. Best “A” or better rated insurance company, and can sit atop underlying coverage of any insurer with an A.M. Best “A-” VI rating or higher.

“Considering that an estimated 85 percent of golf and country clubs may be underinsured, there is a real need in the industry for a cost-effective umbrella liability policy with adequate limits,” said Philip J. Harvey, president of Venture Insurance Programs.

ClubCover’s three-step “Quick Indication” process is available at, giving 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.).

Insurance protection for Herbicide/Pesticide is available up to $10 million without a referral. Directors & officers (D&O) liability and employment practices liability Insurance (EPLI) is available up to $10 million.

Source: Venture Insurance

Topics New Markets

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