A Fiduciary Bond (or Surety Bond) protects a fiduciary - someone who is granted power over another person’s interests or assets via a will or contract - from being sued for alleged fraud, embezzlement, or dishonest acts.
Commercial Auto Insurance covers your cars, trucks, and vans used in your business. It covers the costs from vehicle damage in collisions, theft, vandalism and weather damage. It also covers medical expenses for to injured parties.
Professional Liability Insurance (or E&O Insurance), protects your small business from claims of mistakes, negligence or malpractice made when providing your services that caused sobody financial loss. PLI covers your legal defense costs, damages and settlements.
Cyber Liability Insurance protects you from the theft of sensitive data. If you suffer a data breach or software attack, Cyber Liability Insurance will cover the costs of notifying and restoring affected customers, recovering data and repairing security systems.
Business Owners Policy (BOP) protects you from business liability and property damage at a lower cost. BOP covers claims resulting from fire, theft & disasters. BOP also covers claims of bodily injury or property damage during your business operations.
Why do teachers need insurance?
As a teacher, you develop programs and guide individuals through life experiences they need assistance with. Whether you offer counseling, instruction for public speaking, or educational testing preparation, you need teacher insurance. Insurance for teachers is designed to protect you when mistakes or oversights negatively impact your students.
People that work within this industry provide services such as public speaking training, survival training, guidance counseling, educational testing evaluation and educational consulting.
What risks could teachers face?
Educators face many risks. Here is a look at the most common:
How much does insurance for teachers cost?
The cost of insurance for teachers varies because every insurance company evaluates teachers’ risk differently. Most want to know what you teach, if you use contracts, and what your past claims history is before calculating a premium. You can request an insurance quote today by completing our online quote form.