Anonymous wrote:Thanks all. It’s a T20 private.
Lots of rules and regs at school. The house doesn’t have a recent record of infractions with the university (I checked online). Leadership training this summer. So much happened so quickly. We contacted our insurance provider - waiting to hear back if we can add on to policy?
Alumni (from various investment banks who are former chapter presidents/leaders of that house) across decades (!!) have already reached out to him with guidance and congratulations/offers of support. All a bit strange tbh.
Will let you know what insurance says.
Anonymous wrote:Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
This is definitely true. How can one check to see if they have good risk management processes in place? Is that overkill? Thinking ahead for my own kid.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
And your 1 in a thousand risk is an 8 figure claim against the parents liability policy or worse their personal assets.
Assuming he is over 18, why would the parents’ liability policy or assets be involved at all?
Well…the liability policy probably comes into play because it covers your kid.
Same thing if your kid causes a car accident at 18…unless he has his own auto policy, he is covered under your policy.
Assets is a different matter…and I agree with your comment.
Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
Anonymous wrote:Anonymous wrote:My DD was president of her national sorority (she's graduated now). OP didn't say if the kid is a son or daughter and IMO there are differences. I was worried about liability, but she was covered under the national policy. It was a lot of work, she learned a lot, but it is a thankless job. She's glad she did it, but was glad when it was over.
Frat = male
Sorority = female
Anonymous wrote:Anonymous wrote:Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
And your 1 in a thousand risk is an 8 figure claim against the parents liability policy or worse their personal assets.
Assuming he is over 18, why would the parents’ liability policy or assets be involved at all?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
And your 1 in a thousand risk is an 8 figure claim against the parents liability policy or worse their personal assets.
Assuming he is over 18, why would the parents’ liability policy or assets be involved at all?
Anonymous wrote:Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
And your 1 in a thousand risk is an 8 figure claim against the parents liability policy or worse their personal assets.
Anonymous wrote:Not sure what there is to do about it, he's an adult, he made his own decision of which he is proud of and excited about.
You have two choices, you can support his choice and be happy for him or you can continue to harp on the negatives and sour something he was proud of accomplishing.
The truth is thousands of kids a year are fraternity presidents or on the board. the % of your worries are infinitesimal.
Anonymous wrote:He’ll be fine; it’s not the 70s or 80s anymore, almost certainly nothing crazy is going to happen.