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Agenda - Council - 10/27/1981
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Agenda - Council - 10/27/1981
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/27/1981
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ANOKA COUNTY'AGENCY, INC, d/b/a <br />INSURANCE SERVICE CENTER <br /> <br />(612) 755-2300 <br /> <br />2601 COON RAPIDS BOULEVARD <br /> <br />COON RAPIDS. MINNESOTA 55433 <br /> <br />April 13, 1981 <br /> <br />I <br />I <br /> <br />City of Ramsey <br />C/O Lloyd Schnelle <br />15153 Nowthen Blvd. <br />Anoka, Minnesota 55303 <br /> <br />I <br />I <br />I <br /> <br />RE: Public Officials Liability <br /> <br />Dear Mr. Schnelle: <br /> <br /> Per our'phone conversation last week, please be advised that we <br />have secured 3 alternative proposals for your consideration. <br /> <br /> Two are thru Western Wo. rld'Insurance Company, the third is <br />thru Midland Insurance Company. <br /> <br />I <br />I <br /> <br /> Costs, both annual, and pro rata (April 13th thru September 19. th, <br />coinmiding with aniversary dates of other coverages ) are as. <br />follows: <br /> <br />Western World Insurance - $250 Deductible <br /> *Annual <br /> * Pro rata <br /> <br />$2,271.15 <br /> 992',92 <br /> <br />2.) <br /> <br />Western World'Insurance <br /> <br />$1,OOO Deductible <br />* Annual <br />* Pro rata <br /> <br />$1,8:[7.95 ' <br /> 795.1 <br /> <br />i <br />I <br />I <br />I' <br />I <br /> <br />'3.) <br /> <br />Midland Insurance - $1,OOO Deductible <br /> Annual <br /> Pro Rata <br /> <br />$1,684.O.O <br /> 734.00 <br /> <br />* Price Includes preminm, plu~ $5.00 - Poli'cy F.ee - Plus 3% Tax. <br /> <br /> It' is our recommendation .that the first two alternatives be <br />given priority in youm 'considera'tion in as much ~s 'coverage thru <br />Western World includes "Prior .Acts" and "Part Time Employees', <br />Where as the Midland Policy does not. <br /> <br /> Also.please keep in mind that the Public Officials Liability <br />Coverage we are proposing is not coverage for Bodily Injury, <br />Property. Damage, or Personal ~nj'ury, but coverage for Financial <br />Loss due to or as a result of Acts o'f the Council and / or ' <br /> <br /> <br />
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