HomeMy WebLinkAbout5.D.2. Volunteer Firefighter Insurance
RetJised 5. D. ~ .
CITY OF SHAKO PEE CONSENT
Memorandum
TO: Mayor and Council
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
SUBJ: Volunteer Firefighter Insurance
DATE: April 2, 2007
Introduction & Background
The City has carried a volunteer firefighter insurance policy from
Hartford Life for decades. This is a three year policy that expires on
May 10th. It is an accidental death and dismemberment policy with a
principal benefit of $25,000. This is in addition to workers
compensation coverage. It is my understanding that this policy was
taken out before volunteer firefighters were covered by workers
compensation insurance.
The renewal premium for three years is $3,928.10 for $25,000 Accidental
Death and Dismemberment, $100 weekly benefit for total disability and
$100,000 Heart or Circulatory Malfunction death benefit and accidental
medical expense.
Action requested
Move to approve of the renewal of the volunteer firefighters insurance
POli~h a three year premium of $3,92..10.
Gregg Voxland
Finance Director
h,\docs\firedept\volins07