The Hartford Offers Customizable Liability Coverage For Educational Institutions
March 23 2015 - 8:30AM
Business Wire
Educational institutions can now customize their liability
coverage based on their needs with The Hartford’s Educators
Professional Choice, a flexible package of management and
professional liability coverages designed specifically for private
schools, colleges and universities.
“Protecting a school’s reputation and finances is critical to
its ability to attract students and donors,” said Melissa
Zaparanick, assistant vice president and head of The Hartford’s
industry practices. “In today’s litigious environment, schools face
potential liability related to their employment practices,
educational services and management oversight. These exposures can
vary widely from school to school, so they need coverage that can
be tailored to fit their specific circumstances.”
The Hartford has designed Educators Professional Choice as a
companion to its general liability policy to address the
specialized liability protection needs of educational institutions.
Schools have the flexibility to select one or more of the three
coverage parts and the ability to set individual limits,
self-insured retentions and retroactive dates for each. The
Hartford’s Educators Professional Choice offers:
- Employment practices liability coverage
with optional coverage for allegations involving third-parties,
including volunteers, consultants and vendors; and optional defense
coverage for certain wage-and-hour violations, which are offered by
endorsement where available;
- Errors and omissions coverage for
allegations related to the rendering of or failure to render
educational services; and
- Directors, officers and entity
coverage.
“We designed Educators Professional Choice in direct response to
feedback from school administrators and their agents and brokers as
part of The Hartford’s commitment to developing tailored insurance
products and services for the education industry,” said
Zaparanick.
For more information about The Hartford’s offerings for
educational institutions, visit www.thehartford.com/education.
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE: HIG)
is a leader in property and casualty insurance, group benefits and
mutual funds. The company is widely recognized for its service
excellence, sustainability practices, trust and integrity. More
information on the company and its financial performance is
available at www.thehartford.com. Join us on Facebook at
www.facebook.com/TheHartford. Follow us on Twitter at
www.twitter.com/TheHartford.
HIG-M
Some of the statements in this release may be considered
forward-looking statements as defined in the Private Securities
Litigation Reform Act of 1995. We caution investors that these
forward-looking statements are not guarantees of future
performance, and actual results may differ materially. Investors
should consider the important risks and uncertainties that may
cause actual results to differ. These important risks and
uncertainties include those discussed in our 2014 Annual Report on
Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the
other filings we make with the Securities and Exchange Commission.
We assume no obligation to update this release, which speaks as of
the date issued.
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The coverage discussion herein is a summary. Coverage is
provided by the member companies of The Hartford Financial Services
Group, Inc. and may not be available to all insureds in all states.
For a complete description of coverage terms, conditions and
exclusions, refer to the insurance policy. In the event of a
conflict, the terms, conditions and exclusions of the policy
purchased prevail.
Media Contact:The HartfordPamela Rekow,
860-547-8990Pamela.rekow@thehartford.com
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