Slow membership sales? Initiation Fee Insurance can help increase new member sales by allowing your club to have a refundable initiation fee or assessment at no additional cost to the club. New club competition? Initiation Fee Insurance gives your club a competitve advantage by providing a timely, targeted refund of the initiation fee or assessment. Members requesting refundable initiation fees? With Initiation Fee Insurance, your club custom designs a simple refund program that suits your membership specifically. Relocation Refundability™ is built into your by-laws. A need for a refund program that fits members' lifestyles? Initiation Fee Insurance allows your club to avoid complex legal agreements. You may custom-design a simple refund program that suits your members' needs.

A growing equity obligation to members? Some member-owned clubs are saddled with inherited equity obligations. Initiation Fee Insurance helps put financial control of the club back in the hands of the current members by transferring relocation attrition risk to the insurer. Debt related to attrition? Initiation Fee Insurance can reduce debt and transfer lists, thereby making your club more attractive to potential members or buyers. Refunding all or part of new initiation fees to resigning members? Initiation Fee Insurance provides an immediate payment to the club for a resigning, relocating member so the club can keep a new member's initiation fee.

Read more about Initiation Fee Insurance and how the insurance coverage works.

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