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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
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