Insurance Program Summary
PREMIUM SUMMARY
SECONDARY ATHLETIC ACCIDENT
| Insurer
Best Rating | Mutual of Omaha\n Expiring A+ XV | Mutual of Omaha\n Renewal A+ XV |
|---|
| Medical Expense limit | 90,000 | 90,000 |
|---|
| Deductible | 0 | 0 |
|---|
| | |
| Premium | 123,306 | 174,578 |
|---|
Premiums do not include Taxes, if applicable
$108,301-average annual paid losses past 5 full years—not trended & developed; underwriter claims the average annual paid loss is $123,052.
$164,577-average annual paid losses past 5 full years—trended/developed & inflation
Typically, underwriters will strive to hit a loss ratio under 65%
Dissinger Reed (Hub International)-Program Coordinator/Marketing Partner
Claims paid are EXCESS of all other valid and collectable insurance
Notes to quotations:
Carrier administers the claims
Expiring premium was reduced by 66,395 as a credit for the COVID-19 pandemic reduced exposures for the 8-1-20/21 policy period