Package policy will cover your institution property against the losses from fire, lightning, riots, flood, earthquake, storm and other special perils. The electrical and mechanical appliances in the premises will be covered against the accidental breakdown. This policy will provide protection to the portable equipment against fire , theft or any other causes.
Cover your students against the risk of any accident leading to permanent partial disability, permanent total disability or even death. Also the student’s health is secured under this policy as this policy will pay for hospitalisation expenses of the students. This insurance can also pay for the education of the child if a parent dies. The premium can be paid annually.
Employees can be covered in this policy in case of any personal accident leading to disability or death. This package policy also protects you from the legal liability to all employees under Workmen Compensation Act, 1923 and indemnity against legal liability under the Fatal Accidents Act, 1855.
Cover yourself against the third party liability due to any bodily injury occurring in your premises or, loss or damage to the property. This policy will also cover you against direct financial loss suffered on account of fraud, dishonesty or misappropriation by your employees.
Educational Institution insurance is a comprehensive package Insurance that is especially designed for educational institutions like Schools, Colleges, Universities etc. Besides offering protection to Building and its contents against loss or damage by sudden, unexpected event or accidents, Personal Accidents to employee, Liability insurance and range of other coverages, policy also covers students enrolled with the institutions.
Like all other establishments, educational institutes too face potential threats, such as damage to property and injury due to accidents on their premises. For these businesses to maintain seamless operations without interruption in times when something goes wrong, it’s important they have quality education-institute insurance by an experienced provider like SecureNow.
A school insurance policy is essential to protect students, staff, and the school from unforeseen events such as accidents, injuries, or damage. Whether it’s insurance for public schools or insurance for private schools or any other educational institute for that matter, a cover provides financial security and peace of mind to all involved
Educational institutions, including schools, colleges, and universities, face a variety of risks that can result in financial loss or reputational damage. They need insurance to protect themselves from bad things that could happen. For example, if a student gets hurt on campus, the school could be sued and have to pay a lot of money. Insurance can help pay for those costs. The school also has buildings, equipment, and technology that are valuable. If there is a fire, flood, or other disaster, insurance can help pay to repair or replace those things. Schools store a lot of important information, like student records and financial information. Insurance can help protect against hackers and other bad people who might try to steal that information. Sometimes unexpected things happen, like a pandemic, and schools can't operate as normal. Insurance can help pay for the costs of things like lost income during that time.
To manage these risks, educational institutions can purchase education liability insurance coverage for a range of potential losses including:
In addition to these specific types of insurance, educational institutions may also purchase general liability insurance.
Inclusions in Educational Institutions Insurance policy are:
Below are some exclusions under the educational institution insurance:
Buying insurance for educational institutions online can be a convenient and efficient way to find coverage. Here are some steps to follow:,
Remember, buying insurance for your educational institution is an important decision, so take your time to research and compare options to find the best coverage for your needs.
It is important to timely renew insurance policy for a continued cover. One can follow below steps to renew an insurance online:,
When selecting insurance policies, educational institutions should work with an experienced insurance broker like SecurenNow who specializes in this sector. We can be customers primary contact when it comes to answering insurance problems of educational institutions, be it for school liability insurance, university insurance.
insurance for colleges or vocational institutes. We can help you identify the specific risks your institution may face and recommend policies that provide the most comprehensive coverage at a competitive price.
You can follow below steps for raising a claim online:
Educational institute insurance is a unique bundle of coverage that protects educational institutions from a wide range of possible risks. The educational institution package policy provides a wide range of cover to mitigate the risk to your institution’s property. The policy is developed keeping in mind that specific risks such as fire, burglary, business interruption and accidental damage, that educational institutions are prone to.
Some of the coverages educational institutes can consider include Property, buildings, contents, equipment, booths, others including:
An educational institute enjoys below benefits under the educational insurance package policy:
A few days ago, a broke out in the girl’s hostel of the School of Architecture and Planning, New Delhi, due to short-circuit.This is not the only instance where educational institutions have to incur losses. In fact, both educators and educational institutions are facing more risks than ever. Whether it is an on-campus crisis, sexual harassments, campus security and safety, the evolving educational methods are presenting a new set of challenges. While it is feasible to take some essential steps to curtail or avoid the losses to some extent, it makes complete sense to opt for an additional cover,
A student insurance plays an important role by covering students against a myriad of risks. Here, the cover is issued in the name of educational institutions under the educational institution policy. In case, of any unfortunate event, the claim amount is payable to the parent/guardian, whose name is mentioned in the school record.
We have specialized underwriters and tie-ups with international experts.
We work with all insurers to get you the best options- both in terms of price and features.
Cover notes are issued within hours of request. This documentation is sufficient for any contractual requirement.
We manage all aspects of your claim - from preparing documentation to follow-up with the insurer.
We will advice you on risk management best practices.
See all your contracts and renewal information in one place. Place service requests on PAM.