Educational Entity Wrongful Acts - Insurance Coverage Highlights

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 wrongful 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 apply to damages or claims expenses related to a wrongful act which takes place prior to or subsequent to the policy period.

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