| SCHOOL LEADERS ERRORS & OMISSIONS |
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Claims-made protection is provided
for the policy holder's legal obligation to pay compensatory
damages arising from wrongful acts committed during performance
of school duties. |
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Coverage is provided for administrative
or regulatory proceedings established under federal, state
or local laws. |
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Claims are settled with the name insured's consent,
subject to certain conditions. |
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Coverage is provided for attorney's fees the insured
is legally obligated to pay as a result of an adverse
judgement. |
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Non-monetary Relief Defense Coverage provides an annual
aggregate defense limit of up to $100,000 for defense
costs associated with actions seeking injunctive or other
non-monetary relief arising from a wrongful act. |
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Coverage is worldwide if the suit is brought
domestically. |
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Defense only is provided for: |
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Claims seeking injunctive relief or
other non-monetary relief - Sublimit applies. |
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Claims for breach of nonemployment contracts,
other than construction or demolition contracts,
subject to a $5,000 deductible. |
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Coverage extension is provided for Employment
Related Practices Liability, including discrimination,
harassment, wrongful termination, and other workplace
torts. |
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Trustees, board members, employees, substitute
teachers, volunteer workers, and student teachers are
included as insureds. |
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A minimum deductible of $1,000 applies. |
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Limits are available up to $1,000,000
Each Loss and $1,000,000 Aggregate. Additional limits
are available under an umbrella policy. |
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Two Discovery Periods are available if
coverage is cancelled or nonrenewed: |
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A 60-day Basic Discovery Period is
automatically provided. |
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A 36-month Extended Discovery Period is available
by endorsement for an additional charge. |
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