Preferred Club Program Expansion

September 19, 2005

Nuts & Bolts:
Venture Insurance Programs announced that it expanded its Preferred Club Program through an exclusive program alliance with The Hanover Ins. Co. Effective immediately, The Hanover Insurance Company, rated “A-” (Excellent), Financial Size Category XII by A.M. Best Co., will provide a new market for the program, with additional coverage for public daily-fee courses, as well as semi-private courses, private courses and country clubs. Under the exclusive arrangement, Hanover Insurance will use the Preferred Club Program’s proprietary form. The program will continue to offer its existing club package through the Chubb Group of Ins. Cos. It offers workers’ comp, property, general liability, property of members, herbicide and pesticide coverage with full pollution options, tee-to-green coverage of all playing surfaces, liquor liability, excess and umbrella liability, and cart fleet and errant ball coverage. Options include business interruption coverage with an unlimited extended period of indemnity. In addition, it provides professional liability coverage through United States Liability Insurance.

Dollars:
Limits for property go up to $25 million. Deductibles vary by line and minimum premiums are $15,000.

Carrier:
The Hanover Insurance Company, rated “A-” (excellent), financial size category XII by A.M. Best Co., admitted.

States Available:
All.

Contact:
Annamarie Keen (800) 282-6247 ext. 278.