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CHARTER SCHOOL COVERAGE CONDITIONS

The Charter School is subject to all RESIG’s coverage and policies, contingent on the following parameters:

A.   Property and Liability coverage will contain an applicable       $10,000 high risk deductible per occurrence. To include:       1.  Claims arising out of Church and State issues.
      2.  Claims arising out of enrollment practices.

B.   Coverage shall be subject to an on-site inspection of proposed       school facility and acceptance by RESIG.

C.   Calculations for liability premiums shall include pre-school       students.

D.   Minimum Property and Liability premium will be set at $2,000.

E.   Accounting of volunteer hours valued at $8 per hour to be       calculated as part of the workers’ compensation premium.

F.
   Independent contractors for accounting services shall provide a       Faithful Performance Bond to the Charter School.

G.
   Coverage Contingency Agreement language will be developed       during the Charter School’s evaluation.


 
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