Coverage for Child Care Facilities
Center-based child care facilities provide care and supervision for children in a group setting and are commonly referred to as child centers, daycare centers, nursery schools, preschools and also includes Montessori schools serving children under 7 years of age. Programs are established and administered through a variety of sponsors. Sponsored entities may include universities, schools, churches, social service agencies, community based programs, independent owners, corporate chains, franchises and employers.
Coverage Highlights
Coverage Highlights
Property
- Blanket Property and Contents Coverage up to $35M
- Replacement Cost
- Agreed Value (with signed SOV)
- Equipment Breakdown
- $25K Earthquake & Flood*
- $15K Emergency Vacating Expense
- Client Monies & Securities included
- 6% inflation guard applies to Building & Business
- Personal Property
- Special Deductible Exceptions
- Builders Risk Coverage available
- $100,000 Property in Transit
General Liability
(Occurrence & Claims made available)
- $1M/3M Limits
- Employee Benefits Liability (claims made) at $1M/1M Limits
with $1000 deductible
- Automatic Liquor Liability for Fund Raising Events
- Coverage for Fund Raising Events included
- Broad Additional Insured Endorsements available at no extra charge
- $10K Medical Payments*
- $250K Fire Legal Liability*
- Abuse and Molestation have separate & dedicated limits
- Abuse and Molestation coverage for employee/client/3rd party
- Aggregate per location endorsement
- Defense outside the Limits
- No binding arbitration endorsement
Umbrella
- Up to $25M
- Abuse and molestation if eligible
- $10K Minimum Retention (SIR)
- Employers Liability
- Contractual Liability
- Products & Completed Operations
- Auto Liability
- General Liability
- Professional Liability
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Crime
- $25K Employee Theft*
- $25K Forgery or Alteration*
- $10K Inside Premises Money & Securities
- $10K Inside Premises Robbery & Safe Burglary
- $10K Outside Premises
- Clients Property included when exposure exists
Inland Marine Form
- $100K Accounts Receivables
- $100K Valuable Papers
- Additional coverage options are available
Professional Liability
(Occurrence & Claims made available)
- $1M/3M Limits
- $25K punitive damage coverage (where permitted by law)
- Includes employees, volunteers, employed nurses,
psychiatrists, medical directors & administrators
- No binding arbitration endorsement
Commercial Auto
- $1M Combined Single Limit Liability
- Mandatory PIP where applicable
- Employee Hired Auto
- $50 Towing Limit for Private Passenger Vehicles
- $50K Hired Auto Physical Damage Limits
- Non-Owned / Hired Auto
- Rental Reimbursement
- Employees as Insured
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* Increased limits available
Submission Requirements
Submission Requirements
- Brochure or Website
- Application (ISA will work off another carrier's application or our own)
- 5 years currently valued company loss runs with expiring premiums
- ACORDs or Coverage Requirements
- Audited Financials or 1120 Income Tax Returns (if For-Profit)
- Drivers list
Additional Requirements for Start-Ups:
- Financials or Pro-Forma Statement
- Resume for Executive Director (showing 3-5 years experience)
- Business Plan
Applications
Applications
Before downloading and signing any insurance applications, make sure that you know your state’s fraud warnings.
Required Applications:
Enhancements
Enhancements
As the field evolves, so does our program. We stay abreast of legal, social, medical and technological changes that can affect your success. Policies available include:
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