Educational Entity Wrongful Acts

Including Employment Practices Liability

Coverage Highlights

Insuring Agreement

  • Pay on behalf or Indemnity (optional)
  • All loss and claims expenses to which this insurance applies in excess of the self-insured retention as shown on the Declarations.
  • For which the insured is legally obligated to pay as damages by reason of tort liability or the tort liability of others assumed or retained under a contract as a result of a wrongful act
  • Occurs during the policy period

 

Entities/Operations Insured

COVERED ORGANIZATIONS
  • You, the Named Insured as shown on the Declarations
COVERED PERSONS
  • Members of the Governing Boards
  • Officers
  • Employees
  • Authorized Individual Volunteers
  • Professional Services being rendered if at the time of such wrongful act(s), such person was under the direct supervision and control of the Insured.
  • Student Body Organizations
  • Students participating in internship programs required by Insured but only while completing the school supervised, sponsored, board approved internship and only while under supervision as required by the program.
COVERED ACTS
  • Misstatements
  • Misleading statements
  • Actual or Alleged Act
  • Error or Omission
  • Negligent Breach of Duty Committed by an Insured solely in the scope of their duties as respects your conduct as an educator, educational entity or educational organization.
  • Wrongful act arising out of Employment Practices Liability.


Limits of Insurance

POLICY LIMIT
  • Per Occurrence or Single Wrongful Act
  • Limit of Insurance shown in the Declarations is the most we will pay the Insured under the Coverage Part regardless of the number of:
    • Insureds
    • Claims made or suits brought
    • Persons, organizations or government agencies making claims or bringing suits
  • Limit of Insurance will not be reduced by the self-insured retention
  • Annual Aggregate for all covered acts

 

Defense Cost Coverage
  • Within Policy Limits
  • In addition to Policy Limits (Optional)
Self-Insured Retention
  • Minimum Amount $50,000
  • Allocated Inside Retained Limit
  • Allocated Outside Retained Limit (Optional)
  • Annual Aggregate Applicable (Optional)
  • Self-insured retention applies to each and every wrongful act against damages and claim expenses for which coverage is afforded by this Coverage Part.
  • Self-insured retention shall not include any amount for damages or claim expenses related to any claims or part of a claim brought against the Insured for coverages which are not included in the terms of this Coverage Part.
Other Provisions
  • Covered Territory
    • Anywhere in the World provided claim or suit is brought in USA, including its territories or possessions or Canada.
  • Settlement Provision
  • Purchase Separate Coverage for:
    • Employee Benefits Coverage (claims-made only) (Optional)
    • Automobile Liability (Optional)
  • Anti-Stacking Clause
  • Separation of Insureds
  • Non-Waiver of Governmental Immunity
Claims Made Provisions
  • Prior Acts Coverage Available
  • Retroactive Date
  • ERP Charge Specified
  • Time required to purchase ERP, by written request, of 60-days for an extra charge.
  • SERP up to 3 years is available.
  • ERP does not reinstate, increase limits or change scope of coverage provided.