| Greater Clark County School Corporation |
| Bylaws & Policies |
8710 - INSURANCE
The School Board shall purchase with Corporation funds the type and amount of insurance necessary to protect the Corporation from major financial losses.
Insurance purchased shall include, but need not be limited to, the following:
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A. |
fire and extended coverage on buildings and contents |
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B. |
comprehensive bodily injury, property damage on automobiles, buses, and trucks |
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C. |
boiler and machinery |
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D. |
special coverage for equipment not ordinarily covered under a standard policy |
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E. |
employee insurance coverage as specified in the Master Agreement(s) or by Board action including Human Organ Tissue Rider |
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F. |
worker's compensation coverage |
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G. |
open stock burglary |
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H. |
legal liability for Board members and employees |
Insurance for a given coverage shall be obtained at the lowest possible cost, assuming that service and company reliability are satisfactory. The Chief Financial Officer shall administer the insurance program.
I.C. 20-26-5-4, 20-27-5-9, 20-9.1-2-6, 21-2-5.6-1 et seq.
© Neola 2006