Article 12
Indemnity, Liability and Fire Insurance:
Section 1: The President, Vice-President and Treasurer shall annually review the Association coverage of insurance and make recommendations to the Board of Directors of any changes deemed necessary. These changes shall be approved by the Board of Directors.
a. Fire Insurance for the facilities shall be **** plus annual allowance for inflation.
b. Indemnity and Liability Insurance shall not be less than **** per person per accident, with amounts to be set at appropriate dates.
Section 2: The cost of these policies shall be part of the annual budget.