Educators’ Legal Liability Insurance is a form of specialty insurance designed to handle loss that is directly involved with the academic activities of private or public colleges, universities, high schools or even trade schools. An Educators’ Legal Liability Policy protects against damages from actual or alleged “wrongful acts,” meaning any act, error or omission by any person the policy identifies as being covered. Acts the policy insures include discrimination, failure to educate, libel, slander, wrongful termination, denial of tenure, and breach of contract.
The entity or organization that is protected by an Educator’s Legal Liability Policy is specifically listed. However, since policies offered by different companies vary, it is important to make certain that the following persons are also protected under the policy:
- Directors and officers of the institution’s governing body
- Members of boards, commissions, councils and committees
- Elected or appointed officials, trustees, directors or superintendents
- Employees, including student teachers, teaching assistants and substitute teachers
- Authorized volunteers, including students
- An institution’s students while participating in internship programs
An Educators' Legal Liability form will not cover certain losses, such as those involving deliberate acts, acts that are fraudulent, crimes, violations of certain Federal Acts, or for providing (or failing to provide) services that are considered professional in nature (such as accounting, law or medicine). The premiums charged for Educators’ Legal Liability coverage is usually based on the number of full and part-time students served by a school as well as the number of faculty.
Organizations that need this special coverage would do well to put on their thinking caps and contact an insurance professional for lessons on finding the right policy.
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