School Rates

 

COST OF INSURANCE

BLANKET SCHOOL POLICY – Issued to Colleges and Universities on a blanket basis only. All faculty and students will be covered. The formula for computing the total premium includes a charge for each faculty member and each student in field placement.

Limits of Liability
Each Claim/Aggregate		 (1)
Base Charge		 (2)
Per Faculty		 (3)
Per Student
1-25		 (3)
Per Student
26-49		 (3)
Per Student
50&Over
$1,000,000/$1,000,000 $486.00 $65.00 $20.00 $15.00 $10.00
$1,000,000/$3,000,000 $551.00 $74.00 $23.00 $17.00 $11.00
$1,000,000/$4,000,000 $567.00 $76.00 $23.00 $18.00 $12.00
$2,000,000/$2,000,000 $572.00 $77.00 $24.00 $18.00 $12.00
$2,000,000/$4,000,000 $588.00 $79.00 $24.00 $18.00 $12.00

*Students rates vary based on the number of students in field placement.

(1) Base charge made for school.
(2) Additional charge for each faculty member involved in teaching and training.
(3) Additional charge for each student in field placement.

Policies date the first of the month following acceptance of application and check.

Policy coverages and benefits are only briefly outlined here. For complete provisions, including exclusions, please refer to the policy itself which is available upon request.

If you are interested in receiving information concerning individual student coverage only, please contact the American Professional Agency, Inc. at (631) 691-6400 or (800) 421-6694 (Ext 2265).

 

Leaders in Professional Liability/Malpractice Insurance