HomeMy WebLinkAbout5.F.4. Volunteer Firefighter Insurance
CITY OF SHAKOPEE s: ~ If
Memorandum
TO: Mayor and Council CONSEf~T
Mark McNeill, City Administrator
FROM: Gregg Voxland, Finance Director
SUBJ: Volunteer Firefighter Insurance
DATE: April 19, 2010
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 $100,000. 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 $3,697.03, down from $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 policy with a three year
premium of $3,697.03.
y~
G'fegg Voxland
Finance Director
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