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Adequate Insurance Coverage

Petition Number: 60158-LC-¶2533.2; Kumar, A. Moses Rathan - Nashville, TN, USA for General Council on Finance and Administration. 

Adequate Insurance Coverage 

¶ 2533.2 was amended as follows: 

The board of trustees shall annually compare the existence and adequacy of the church’s insurance coverages to an insurance schedule annually published by the General Council on Finance and Administration. The purpose of this review is to ensure that the church, its properties, and its personnel are properly protected against risks. The board shall include in its report to the charge conference (¶ 2550.7) the results of its review and recommendations needed to timely bring the church into compliance with the published schedule. 

Rationale: 

This change provides guidance and empowerment to local church boards of trustees in ensuring that the assets of the denomination are protected by adequate insurance coverages.