With litigation on the rise, comprehensive liability protection is critical to any safe and sustainable business — including the dive industry.
To that end, the Divers Alert Network is offering a new liability insurance program for dive professionals.
DAN‘s subsidiary Risk Retention Group (DAN RRG) will begin offering its liability program to all dive professionals and dive businesses on on July 1, 2017.
Policies will be available for dive professionals at every level — Instructors, Divemasters, Freediving and Swimming Instructors, those in training, and those who have retired. Additionally, all DAN Professional Liability programs are backed by two of the largest reinsurance companies in the world – Lloyds of London and Gen Re, ensuring the security and long-term viability of the program.
DAN President and CEO Bill Ziefle says:
“We are extremely pleased to offer our Professional Liability Program to all dive professionals as we continue to provide sustainable, reliable, and cost-effective solutions for the dive industry’s liability needs. Our risk mitigation and insurance programs make it easier and more cost effective for instructors to protect themselves from threat and allow them to focus on improving diver safety and working towards the DAN Mission of making every dive safe.”
So, effective for the 2017-18 program year beginning July 1, 2017, the cost of individual Professional Liability insurance for instructors will be US$649 for DAN members ($681 for non-DAN members) and $379 for divemasters who are members of DAN ($398 for non-DAN members).
Additionally, you’ll be able to complete and submit your application online via your DAN account. The DAN RRG policy can also be bought with a rider which provides unlimited defense costs and removes these costs from the aggregate limit. This means you get the full benefit of the minimum coverage of $1 million per event, $2 million aggregate for bodily injury and property damage.
Rebreather training will be available at no additional cost to protect professionals who provide all levels of instruction.
Of course, as a DAN Professional Member, you’ll still have access to the organization’s wide range of risk mitigation programs. You’ll have gain access to all of DAN’s health and safety resources, including the new Prepared Diver Program and Student Medical Expense Coverage. Provided at no cost, these programs are designed to make diving safer and provide insurance coverage for students should an accident occur.
For more info, check out the DAN website at diversalertnetwork.org.