How the Indiana Public School Insurance Package Works
The success of any public school lies in the education it provides to its students to move forward in life and inspire a passion that will equip them to be contributing members of society while fulfilling their own dreams as they entire into adulthood. It also lies in the school’s ability to protect its students, teachers, volunteers and others as they walk through the doors of an institution’s facility, spending their days in classrooms learning, playing on and off the field, participating in school events, and much more. To do so, security and safety measures and sound risk management practices must be in place, supported by an insurance package designed to respond to a number of incidents and events that can cause property damage, liability risks, injuries and accident, and more.
The Indiana Public School Insurance Package we provide at Caitlin Morgan is designed to provide a safety net and protection for institutions participating in our program. Our program covers K-12 public schools with average daily attendance of fewer than 35,000, located 25 miles outside cities with populations of 250,000 or more. Included in our insurance package are key insurance coverages including General Liability, Commercial Property, Professional Liability, Umbrella Liability, Business Auto insurance, Sexual Abuse & Molestation, Accidental Death & Dismemberment (AD&D), and Volunteer Coverage (AD&D).
In addition, the program offers Educator’s Legal Liability insurance, which covers wrongful actions, civil rights violations, and employee-related claims. Additional products available under the Indiana Public School Insurance Package also include Environmental Impairment Liability and Identity Theft Recovery, both critical for schools to secure as part of a comprehensive program. For example, the activities and operations taking place at schools can come with serious environmental hazards and financial risk. These include the storage, handling and disposal of hazardous and non-hazardous materials and chemicals, with educational institutions having to comply with the Environmental Protection Agency (EPA) regulations. If not, they can face costly claims if and when an accident occurs arising from the improper use, storage and/or disposal of hazardous wastes such as chlorine, ethylene, low-level radioactive isotopes, cleaning solvents, infections wastes and gasoline. Environmental Impairment Liability coverage is designed to respond in the event of such claims.
In terms of Identity Theft Coverage, as we have previously discussed several articles, schools as with all industry segments are increasingly exposed to data breaches, which can result in first-party and third-party losses. Without proper coverage, an educational institution could face significant expenses to notify affected parties, conduct forensics to pinpoint the cause of the breach, restore reputational damage, and much more.
Properly protecting schools requires not comprehensive insurance solution that Caitlin Morgan can help you provide. To find out more about our Indiana Public School Insurance Package, please contact us at 877.226.1027.