Many specialist insurance schemes exist for Schools and Universities, however the landscape is changing with the liability assumed in charging fees seemingly widening year by year.
The very extensive risks faced in the education sector will be understood by those working in the profession. Apart from the obvious insurance risks for property, Employers and Public liability, special attention must be given to legal protection around “abuse” extensions, Libel claims, Health care extensions, EPL (Employment Disputes), school trips,and indemnity for the Governors.
Schools often “build-out”, requiring Contract Works insurance. And they will almost all routinely arrange overseas trips for pupils and students, creating a requirement for travel and personal accident insurance, often deemed specialist classes for schools. A close working relationship with a knowledgeable Broker (adviser) is definitely more relevant to this sector than many others as a lot more client interaction can be expected.
It’s important to compare technical offerings and quotes from these insurers. And this is what we do, adding and amending cover to suit the institution.