First Ascent Insurance for FY 2023-2024 Survey
The First Ascent Board is continuing to work with brokers to find better insurance policies and premiums for FY 2023-2024, but better options may not be available. Below are three hypothetical situations that approximate the insurance choices the First Ascent Board will likely face in the coming months. A Table is available for additional details on the situations and choices.
Please help us by responding to the questions below:
NOTE: THE DUES INCREASES LISTED ABOVE ARE ONLY TAKING THE IMPACT OF INSURANCE INTO CONSIDERATION. THERE ARE OVER 35 OTHER OPERATING EXPENSES AND RESERVE FUNDING THAT ARE ALSO PART OF THE DUES ASSESSMENT. FISCAL YEAR 2022-2023 ASSESSMENT INCREASE WAS 20%. IF INSURANCE HAD BEEN EXCLUDED THE INCREASE WOULD HAVE BEEN APPROXIMATELY 12%.