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Re: D&S is getting ready for the future, shouldn't the C&TS INSURANCE

November 29, 2020 08:50AM
Samart Wrote:
-------------------------------------------------------
> I believe it falls under the commission and/or the
> operating company. The states may be the owner,
> but the operator is responsible to maintain the
> insurance.

Not sure how it is today, but way back in 1993 when I sponsored a weekend of charters I believe the RR had a policy with 100,000 deductible. So to cover my rear on that issue I got a short term policy(1 year) for $100,000.
I then incorporated to cover my rear again to protect my family!!!! Then had to hire a NM lawyer to do that!!!! Again I do not know what their situation is today. Its probably all different. I do not know what the responsibility is of charter sponsors as far as insurance is concerned. I figure most of them don't have any sponsorship insurance, or do they?
Greg
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D&S is getting ready for the future, shouldn't the C&TS

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