This blanket policy is mandatory and covers the national Fraternity, the undergraduate chapter and its registered members and officers, and the Alumni and Volunteer Corporation and its members, officers and volunteers, as long as they are acting within the scope of their duties for the Fraternity and are in compliance with SigEp’s risk management policies. SigEp has a primary policy with Admiral Insurance Company and an excess policy with James River.
The general liability policy offers protection (defense and indemnification) in the event that someone suffers an injury or property damage and alleges negligence on the part of the Fraternity. This can be related to an event on or off the chapter house premises. This policy also protects against claims arising out of slander, libel, false arrest, and invasion of privacy.
There are certain exclusions to the general liability policy which relate to intentional acts such as hazing, sexual or physical assault. The individual(s) directly involved in these acts will not be covered.
Chapters pay the premium for this coverage every January.