CO0263 Academies Scheme Insurance

Award outcome

Description

The requirement for this Scheme is to provide insurance products and services to Academies, Academy Trusts and Companies, on an equitable basis. Summarised below; 1) Full Cover Package; intended to provide a full package of available covers across all classes of business comparable to other offers to schools, this will typically include; a) Material Damage, including, Buildings, Contents, Computers, Sports Pitches, Money, Special Assets. Business Interruption including Increased Cost of Working and Loss Revenue. Contract Works (works in progress). Fidelity Guarantee. b) Casualty including Employers and Public Liability, Governors, Libel and Slander, Hirers Liability, Professional indemnity. c) Legal Expenses. d) Personal Accident, UK and Oversees Travel including winter sports. e) Deterioration of Stock, Computer and Engineering Inspection/Insurance f) Motor, including Occasional Business Use. 2) Engineering Inspection/Insurance for non-package Academy Schools (standalone) 3) Motor Insurance for non-package Customers (standalone).

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