VLCT Risk Management Services is made up of three separate self-insurance pools: the Property and Casualty Intermunicipal Fund (PACIF), the Health Insurance Trust and the Unemployment Insurance Trust. Each pool is non-profit and member-owned and has its own separate and distinct programs and services, all designed to meet the needs of its respective member municipalities.
VLCT PACIF, created in 1986, provides extensive coverage for losses to member municipalities for property damage, auto accidents, injured employees, public official liability and employment practices liability. Members gain additional benefit from PACIF's unique public safety and risk management programs as well as dedicated in-house claims adjusters.
VLCT Health Trust began operation in 1982 as the first health trust in Vermont. The Trust offers municipal members a special selection of health insurance and benefit plans that include group dental insurance, flexible spending accounts, life insurance, disability insurance, and long-term care insurance.
VLCT Unemployment Insurance Trust, recognized as one of the first municipal risk management pools in the country, began operations in 1978. It is a municipal trust fund that pays costs associated with unemployment insurance claims filed against the member city or town.
