The following types of payments shall be made from the Self-Insurance
Trust Fund:
A. Claims for benefits and/or settlements provided for under § 7-433c
of the Connecticut General Statutes, commonly known as the "Police
Heart and Hypertension Statute." Such payments of settlements shall
only be subsequent to approval of the settlements by the Town Council.
B. Payment of deductibles on policies of the Town as contracted for
by the Plainville Insurance Commission. At no time shall the payment
of any one deductible exceed the current insurance deductibles unless
approved by the Town Council.
C. Payment of retrospective rating liabilities under workers' compensation
policies contracted for by the Plainville Insurance Commission. At
no time shall the payment of any retrospective rating exceed the current
insurance deductibles unless approved by the Town Council.
D. Payment of any claim, settlement, judgement or award not covered
by an existing insurance policy. These types of payment shall only
be made after approval by the Town Council where such approval is
required.