Private Schools

Customized insurance solutions for your needs

All of the insurance policies that public schools have funded by the government need to be purchased independently by private schools. Having insurance ensures that the best education can be provided to pupils without concern for finances. Operating without insurance is dangerous and can result in bankruptcy should you incur any third-party lawsuits. Having the following three types of insurance grants you the ability to manage your finances effectively.

Insurance For Private Schools

General Liability

General Liability insurance provides financial compensation to third-party lawsuits in the event of damages causing physical damage, mental or bodily harm. This type of insurance covers any damage by an employee or damages that took place on the property. If a student with a peanut allergy ingests a nut product on your property, you could be faced with an errors and omissions lawsuit for not preventing that incident from occurring. With general liability insurance, error and omissions settlements may be covered.

Property Insurance

Like any property, having coverage that covers costs associated with weather and fire damage is essential. Property insurance will cover elements like building structure, as well as school contents, like sports equipment and student/teacher property that may get damaged. Upkeeping the school grounds are a great way to avoid any instances of damage not covered by your property insurance policy. General wear is also not covered by general liability.

Property Insurance

Like any property, having coverage that covers costs associated with weather and fire damage is essential. Property insurance will cover elements like building structure, as well as school contents, like sports equipment and student/teacher property that may get damaged. Upkeeping the school grounds are a great way to avoid any instances of damage not covered by your property insurance policy. General wear is also not covered by general liability.

Criminal Insurance

Considering getting criminal insurance is a no-brainer for a private school. Criminal insurance covers costs resulting from employee and third-party theft, fraudulent cheques or social engineering. Seeing as many operations take place in online spaces, it might be a good consideration to look into cybersecurity insurance as well. Cybersecurity insurance protects you from crimes that do not take place on the property and instead, in a virtual space associated with your facility.

Cyber Insurance

When looking into insurance coverage for different aspects for your private school, cyber threats should be accounted for. You probably store information from your students in a database, including their credit card or banking information. Cyber-attacks can happen at any time, so it is important to keep everything protected with cyber insurance. Regardless of if the information. stolen is of great value or not, coverage can range from investigation costs to software damage costs, and even third-party lawsuits. The proper insurance policy can help cover all costs associated.

Call isure to discuss potential risks your private education facility may face, and how to protect yourself from them. Don't wait until it is too late – insurance claims only cover the insured from the time the policy is activated.





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