Risk Management Assessment Calculator

2024-25

This calculator for the '24-'25 academic year must be completed and submitted by a lettered officer by September 5, 2024 for semester schools and September 20, 2024 for quarter schools.  Failure to submit this form by the deadline will result in a per man rate of $375.00.

The premium charged to the chapter is calculated by taking the base rate per man multiplied by the number of active members as of the Membership Deadline of June 30, 2024.

This number of active members is calculated using the following formula:

(Total Membership on Vault as of 06/30/2024) (5% rounded to the nearest dollar.)

Each chapter will be eligible for certain discounts and surcharges based on performance and behavior. Each chapter will start off at a base rate of $325 per man and can have surcharges and discounts applied towards that amount.

The Fraternity recognizes that some groups take great measures to ensure the safety of members and guests, while likewise, some have increased the overall risk to Delta Chi.

Instructions:
 
Step 1: Fill out the basic information in the first five fields.
 
Step 2: Fill out the below components to the best of your abilities.
 
Step 3: Click "Calculate" under the heading "Total discounts/surcharges to be applied per man."
 
For explanation on a component, hold your cursor over the question mark (?) next to the relevant component for a brief description. 
 

Discounts/surcharges:

Fill out the below items as accutately as possible to determine what discounts/surcharges could be applied to your per man rate.
Total discount/surcharge to be applied per man:
$0.00
Please note: All information will be verified by the Fraternity. Information that cannot be verified or that is found to be inaccurate will not count towards a chapters or colony's premium.
 

Recap:

Based on the information submitted above, your insurance premium for 2024-25 could be represented by the number below. Submissions will be verified by the Fraternity for accuracy. The Base Rate for 2024-2025 as set by the Board of Regents is $325 per man; discounts and surcharges submitted in this form will be factored in to this rate with a maximum per man rate of $375. 
Rate-Per-Man Risk Management Bill:
$325.00
Your total bill will be calculated by using the number above (once verified) multiplied by the number of active members in your chapter as of 6/30/24.