PTA INSURANCE PREMIUM NOTICE

To: Units, Councils and Districts Re: Insurance Premium for 2008-2009 Terms: The policy period covers January 5, 2008 through January 4, 2009. Insurance premium payments must be sent through channels (unit to council to district) in order to be received in the California State PTA office no later than January 31, 2008 (postmarks will not be accepted). Out of council units are to remit payment to district. Units and councils do not send insurance premium payments directly to the California State PTA. Submit payments through channels. After January 31, 2008, a late fee of $25.00 will be assessed by and payable to the California State PTA. NOTE: Child Care Programs are not covered under the California State PTA General Liability Insurance Policy. If your PTA is sponsoring such a program, you will need to purchase additional insurance. Insurance Broker: Unionbanc Insurance Services Inc., (800) 733-3036      Unit Premium: Includes mandatory coverage of General Liability and Umbrella,      Directors & Officers Liability, Fidelity Bond and Workers' Compensation Insurance. Cost = $190.      Council Premium: Includes mandatory coverage of Directors & Officers      Liability, Fidelity Bond and Workers' Compensation Insurance. Cost = $110.      District Premium: Includes mandatory coverage of Directors & Officers      Liability, Fidelity Bond and Workers' Compensation Insurance. Cost = $110.      Late Fee: After January 31, 2008, a late fee of $25.00 will be assessed by California State PTA.      There is no grace period. Late fee = $25. The above premiums do not include the 5% surcharge that PTAs with gross payments in excess of $1,000 must pay for Workers Compensation. Units - comply with your council and district PTA deadline dates. Send insurance premium payment through channels to next level of PTA. For additional information, please contact your council or district PTA.