Early reporting and active involvement by the institution and UE are essential for successful claims resolution. For the most efficient service, please submit new claims to email@example.com. Please include any available documentation, such as:
- Incident Report
- Notice of legal action or demand letter
- Press/media reports
Questions about claims reporting? Simply call (800) 346-7877 and select option 3.
Early reporting and active involvement by the institution and UE aressential for successful claims resolution. An institution that fails to meet the reporting responsibilities outlined in its insurance policy risks denial of coverage or loss of full benefits. Reporting considerations vary with the type of policy.
Professional can become personal when trustees find themselves named as individuals in lawsuits. Trustees and officers coverage is included in our educators legal liability (ELL) policy, and provides the protection needed in these situations. UE can also provide a stand-alone trustees and officers liability policy.
As financial and operating environments evolve, the legal exposure of individual board trustees has increased. Recent claims have shown that the most frequent allegations against trustees are issues related to:
Under UE's ELL and trustees and officers stand-alone policies, trustees are a separate category of individual insureds with unique rights and protections. Our coverage includes:
While UE's trustees and officers coverage does not have a Side A insuring agreement, it does provide similar protection. Some corporate D&O policies use a Side A insuring agreement that applies to the individual board members. Side A coverage evolved in the publicly traded corporate arena and applies only to directors and trustees or officers, not the corporation. This coverage was developed to protect corporate directors and officers in an environment of securities risks and relationships with shareholders, an exposure that is not normally present in the education environment. UE's policies are structured differently from traditional D&O policies because they are written specifically to cover risks for educational entities by combining coverage for exposures that pose the greatest risk to trustees.
Download the following resource to help evaluate the advantage of UE coverage.
Trustees and Officers Liability Coverage Overview
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