ASA Racing Insurance Plan for 2007
IMPORTANT DETAILS - ASA Racing Insurance Plan for 2007
Racing Speed Associates, L.L.C. dba ASA Racing**, a leader in short track racing which includes all ASA Member Tracks and various ASA Racing Regional Series situated throughout the United States, has provided a special member benefit for ASA Racing licensed participants in the 2007 season. Insurance coverages will be provided by Chubb Insurance Company, one of the world’s leading international insurance and financial services company and TOPIC Motorsports Insurance.
ASA Racing has contracted for some of the broadest benefits available for participants in motorsports. The benefit plan provides coverage for covered medical expenses for an ASA member up to $500,000.00. The excess coverage will become available after all other insurance is used.
The participant accident policy defines the coverages, provides the schedule of benefits and explains the policy’s exclusions and limitations. The policy supersedes all other sources regarding the coverages and benefits. The policy’s coverages are extended to currently licensed ASA Racing members in good standing and who are injured while participating in a Racing Speed Associates / ASA Racing sanctioned event.
The policy is written on excess basis. The policy’s coverages apply when the ASA Racing member’s other forms of insurance have been exhausted (for example, the member’s health insurance). After the member’s other insurance has paid, or if the member has no available insurance, the total benefit will be $500,000.00, available in the following steps; $50,000 participant accident policy, $450,000 catastrophic medical coverage. Policy limitations may apply if multiple injuries occur in the same incident.
In addition to the medical coverages described above, ASA Racing is proud to include other benefits to members and their families. For 2007, ASA Racing has increased the Accidental Death Benefit and Dismemberment schedule from $10,000 to $20,000.
ASA Racing will continue to offer the unique Dental plan covering up to $250 per tooth.
ASA Racing is a leader in short track racing and provides unequalled protection for the health and welfare of its licensed members. If you have questions and need additional information regarding these coverages, please contact TOPIC Motorsports Insurance at 386-671-0199 or www.TOPICInsurance.com.
ASA Racing is proud to provide this coverage for its members participating at ASA Racing sanctioned events.
**Please Note: "ASA Late Model Series", which is a separate entity from ASA Racing and Racing Speed Associates, L.L.C., is not included in the terms or coverage of this policy for 2007. Please contact "ASA Late Model Series" regarding any questions concerning any coverage’s associated with the "ASA Late Model Series".
Racing Speed Associates, L.L.C. dba, ASA Racing