Division VI

[Roger]

Division VI Sailors

We wanted to let everyone know what has been going on with Division VI and the insurance issue. The cancellation of Ides of March was a direct result of that issue. The good news is that insurance is in place and the entire Division VI sailing schedule is a go moving forward. 

In previous years the insurance company we use was able to provide coverage for about $830 a year. We enjoyed years of stable premiums without any increase in cost. The underwriter we were using got out of the game this year which left us searching for a new provider. 

During our research we found that the only provider for this type of insurance is through the Burgee program (CHUBB) and US Sailing. It took forever for the underwriters to come back with a quote for our insurance. We expected a rate increase but were not expecting it to come back at a 355% increase over what we paid last year. The new quote with the required US Sailing membership comes to $2950 a year vs. $830.

Division VI pays the insurance at the beginning of each year and the host clubs send in regatta fees to "reimburse" Division VI and pay for the following years insurance. This left a deficit in funds at Division VI for the increased cost on this year's premium.  Fortunately, two of the host clubs had the funds to cover the deficit and get the insurance in place so we can continue our sailing events. We certainly did not want anymore cancellations.

Here is where we need everyone's help. We need to make up the deficit and try to curb the cost of insurance going forward. We would like to ask for your help in fundraising. If everyone will help with raising funds we can solidify Division VI and secure our ability to produce regattas going forward. 

Donations can be sent directly to Division VI. If you locate a donor or corporate sponsor that wants a tax deductible donation, those can be made through TCDYC which is a registered 501(c)3.

Obviously we are open to any suggestions that the members may have as well. Please direct all responses to the Division VI google group.If you're not a member of the group, it's easy to join.

divis...@googlegroups.com

The Division VI Officers.

[Roger]

  Good morning Charlie

Anyone looking for a tax deductible donation needs to include their email so that I can send out the tax deductible donation letter.

Email is offi...@tcdyc.org

The mailing address is

TCDYC

12836 Short Palm Dr

Texas City, TX 7756

Thank you

Roger

On Tue, Apr 6, 2021 at 8:59 AM Charlie P Mayer <charli...@gmail.com> wrote:

Thank you for the update.  

Please send info on TCDYC donation details.

Charlie 

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[Charlie P Mayer]

Thank you for the update.  

Please send info on TCDYC donation details.

Charlie 

On Tue, Apr 6, 2021 at 8:48 AM Roger <txsgh...@gmail.com> wrote: