One of the most overlooked coverages for charter schools is student accident insurance. As many states don’t require charter schools to purchase this coverage specifically, it is often disregarded completely.   However, this coverage can help tremendously if a student is injured while under the care of the school.

There are a large number of plan options that can include:

School Time Coverage: Provides coverage while an insured student is on school premises during the days and months that school is in session; traveling directly to or from their residence and school in a vehicle supplied by the school; and participating in or attending activities sponsored solely by the school that a school official or employee continually supervises. One-day field trips and religious education classes are included. All high-school interscholastic football activities are excluded unless the applicable additional premium is paid.

Around-the-Clock Coverage: This applies 24 hours/day, whether the school is in session. The insurance is provided from the effective date of the insured student’s coverage to the policy’s termination date. All high-school interscholastic football activities are excluded unless the applicable additional premium is paid.

High-School Interscholastic Football: Coverage is provided during play, practice, or travel in connection with interscholastic football in which any 9th, 10th, 11th, or 12th-grade student participates. This coverage is included if provided for in the enrollment form, and an additional premium is paid.

Tuition Refund: Some insurance carriers even offer a tuition refund product that protects charter schools from the financial consequences of students forced or voluntarily withdrawing from school beforeo term completion. Schools are empowered to refund tuition and fees in the event of a tragedy.

If you would like to learn more about student accident insurance, please get in touch with our offices.