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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market
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To: Toby Zidle who wrote (4435)6/7/1999 3:09:00 PM
From: Mike MacNaughton  Read Replies (1) of 4767
 
>> If someone drowns at Waterpark, (1) what kind of insurance does ETPI carry?, (2) will litigation costs above the insurance limits bankrupt ETPI? What has ETPI told us about its insurance coverage?

I am not aware of the specific insurance ETPI is/should be carrying but there are several specific companies that specialize in this type of coverage. The typical policy covering accidents and accidental death for a family entertainment center costs about $1,200.00 per month and is sufficient to protect the center from bankruptcy. Water park coverage is probably higher in cost due to higher exposure to risk but still ought to be in the $24,000.00 per year range.
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