The SOB Club has insurance from American Specialty Insurance Company through the League of American Bicyclists. This is primarily a liability policy, which protects riders, ride leaders, and directors in the event of a third-party claim against one of us (that is, someone is claiming damages because we were negligent in riding, in leading, or in directors’ duties). However, the policy also contains first-party insurance for excess accident medical for $10,000 per person per accident. This first-party insurance has a $500 deductible. First party means that it pays you for your medical expenses. Excess means that it pays only after any other insurance that you have has paid. There are other requirements which must be met.
Claims are to be made on an incident report form provided by the insurance company, which says that the form should be submitted immediately, although the company does not expect that claims will be made literally immediately . Claims should be initiated by the person making the claim through the ride leader of the ride on which the incident happened; however, it is best that a director should be the person signing the form.
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