With the return to school this week, we take the opportunity to talk about the variety of insurance solutions that schools need to be adequately protected and deal with the different risks that can impact their operation and the safety of students and teachers.
Insurance solutions for schools
To ensure safe and efficient operation of schools, it is essential to have insurance solutions tailored to their specific needs. At O.Brokers we offer a comprehensive set of insurance specifically designed for educational institutions. From Civil Liability policies covering recreational activities, practices in companies and bullying situations, to All Risk insurance for material damage, including also Education insurance, Accidents for students and teachers, and Cyber risk.
Civil liability insurance for educational establishments
This insurance protects the school against possible claims from third parties. Our school liability policies have, in addition to the standard civil liability coverage, activity-specific coverage: liability for recreational activities, summer camps, organisation of sports activities, educational trips abroad, work placements, personal liability of pupils and coverage of bullying.
Insurance of all risks of material damage
Protects the school’s facilities against possible incidents: theft, flood, fire or electrical damage, among others. It also covers computer equipment and third party assets on-site, such as student scooters.
Education insurance
Covers school fees in the event of the death or disability of a parent or legal guardian, thereby ensuring the educational continuity of students and the financial stability of the school. Having this insurance is essential support for families and an added value for the educational institution that offers it.
Accident insurance for pupils and teachers
The safety of students and teachers is a priority in any educational institution. Accident insurance provides cover in the event of death and disability of students and teachers. It also provides health care when any member of the centre is involved in an accident, ensuring rapid medical attention and minimizing the impact of any incident on the educational community.
Having this insurance ensures peace of mind for all members of the educational center, since it can cover medical costs and other expenses related to accidents, avoiding additional worries for both families and the administration.
D&O Liability Insurance for Directors and Administrators
Protects individuals (directors, administrators and intermediate managers) who make decisions in the educational institution against third party claims arising from their decisions, safeguarding their personal assets.
Cyber risk insurance
Protects schools from possible cyber attacks. Provides assistance at the time of the incident with professionals who are experts in cyber risk, civil liability coverage for possible claims, payment of ransom, fees of computer consultants to restore normality, loss of profits in the event of a hold, administrative penalties and technological fraud.
Experience and confidence in insurance for educational institutions
Many schools and educational centers in Spain already rely on our solutions, benefiting from a reduction in the financial impact of incidents and greater operational peace of mind. A preventive approach and specific coverage allow our clients to minimize risks, ensuring a safe and secure educational environment.
