Council must also create a policy to make sure that the First Nation has the insurance coverage that is needed.

This policy includes the steps for:

  • identifying the risks of the First Nation and what insurance coverage would be best. This includes risks of Councillors, officers, or employees of the First Nation
  • finding and getting the best insurance coverage for the situation
  • the approvals needed for insurance coverage
  • the actions that need to be taken to make sure that the First Nation always has appropriate insurance coverage
  • taking sure that if any insurance coverage is needed by the FAL, the First Nation has this coverage

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