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Meeting Date:
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8/18/2021 - 7:00 PM
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Category:
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Consent Agenda Items
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Type:
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Action
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Subject:
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Approval of Foreign Travel Liability Insurance with CLIC
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Vision 2026:
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Financial & Facilities Management 1 Continue to ensure a balanced budget that builds and maintains a fund balance that meets Board policy.
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Background
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The district is a member of the Collective Liability Insurance Cooperative (CLIC) which is made up of approximately 187 school districts. The cooperative offers a comprehensive insurance package which includes property, excess property, general liability, excess liability, auto liability and physical damage, EDP, crime, as well as school board legal liability. The pool also covers student accident, boiler and machinery, pollution coverage, identity theft coverage and a supplementary fiduciary liability coverage.
In June 2021, the Board of Education approved the insurance renewal with CLIC. Foreign Travel Liability Coverage was not a part of the June 2021 renewal and is being presented as a stand alone item.
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File Attachment:
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Summary:
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The current renewal quote from CLIC for the Foreign Travel Liability Coverage is $1,300.00. This represents a flat renewal over the expiring policy year (June 30, 2021). This renewal would be for the period of July 1, 2021 - June 30, 2022. A Foreign Travel Liability Policy will provide CUSD 200 3rd party liability coverage for any incident that would occur while staff or students are traveling overseas while on a school/District sponsored trip.
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Funding:
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2021-2022 Education Fund Budget
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Board Policy
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4:10 Fiscal & Business Management
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Recommendation:
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It is recommended that the Board of Education approve the Foreign Travel Liability renewal with CLIC in the amount of $1,300 for the period of July 1, 2021 to June 30, 2022.
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Approvals:
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Recommended By:
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Signed By:
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Brian O'Keeffe - Asst Superintendent Business Services
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Signed By:
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Jeff Schuler - Superintendent
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Vote Results:
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| Original Motion | | Member Brad Paulsen Moved, Member Dave Long seconded to approve the Original motion 'It is recommended that the Board of Education approve the Foreign Travel Liability renewal with CLIC in the amount of $1,300 for the period of July 1, 2021 to June 30, 2022.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | Brad Paulsen | Yes | | Chris Crabtree | Yes | | Rob Hanlon | Yes | | Susan Booton | Yes | | Dave Long | Yes | | Mary Yeboah | Yes | | Angela Blatner | Yes | |
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