What’s New in the SPELL JIF?
June 1, 2016
John Geaney’s Workers’ Compensation Topic: Fitness For Duty Exams by John Geaney
3rd Annual Seminar: Mold and Indoor Air Quality in Our Schools
“Environmental Management & Prevention Seminar”
July 22, 2015
2015-2016 PROGRAM IMPROVEMENTS, ENHANCEMENTS & ADDITIONS
(as of 7/1/2015)
Limit of Liability has increased from $15,000,000 per occurrence to $20,000,000 per occurrence for ALL members and new members effective July 1, 2015.
Increased General Liability Bodily Injury Sub-Limit for Sexual Abuse / Molestation to $5,000,000 per occurrence for ALL members and new members effective July 1, 2015.
Limit of Liability has increased from $15,000,000 per accident to $20,000,000 per accident for ALL members and new members effective July 1, 2015.
EDUCATORS LEGAL LIABILITY
Limit of Liability has increased from $15,000,000 per claim to $20,000,000 per claim for ALL members and new members effective July 1, 2015.
Educators Legal Liability Aggregate Limit was increased from $15,000,000 per year per JIF to $20,000,000 per year per Member District.
Increased Limit of Liability for Sexual Abuse / Molestation from $15,000,000 per claim to $20,000,000 per claim for ALL members and new members effective July 1, 2015.
CONTINUING COVERAGE & SERVICE ENHANCEMENTS
POLLUTION / MOLD PROGRAM
Maintained FIRST Party mold remediation & 3rd Party Liability / Same Limits, Retentions & Retro Date
CYBER LIABILITY PROGRAM
Same Limits & Retentions / Expanded Services
HUMAN RESOURCE RISK MANAGEMENT HELPLINE – CARRIED FORWARD
INCREASED SAFETY INCENTIVE & FINANCIAL PERFORMANCE AWARDS – CARRIED FORWARD
CONTINUING ADDED VALUE PROGRAM
SPELL JIF ENVIRONMENTAL HOTLINE 866-565-1304
The SPELL JIF Environmental Hotline with Hillman Consulting is an exclusive service intended to help Member Districts manage environmental events, such as mold or IAQ, as simply and with the lowest cost as may be possible. The Hotline allows member districts to risk manage today against future events and provide important risk management objectives that can further reduce the risk of future environmental events. It is a telephonic and email based service.
NEW MEMBER ADDITIONS
The SPELL JIF is pleased to welcome the following New Members effective July 1, 2015:
Ewing Public Schools – BCIP JIF
Monroe Township Public Schools – GCSSD JIF
North Hanover Township School District – BCIP JIF
Oaklyn Public School District – BCIP JIF
Pennsauken Public Schools – GCSSD JIF
Now Accepting Partial Term Memberships
The School Pool for Excess Liability Limits Joint Insurance Fund (SPELL JIF) is pleased to announce that they are now accepting partial term memberships in the school joint insurance fund.
In the past, districts could only apply for membership if all lines of coverage (Workers’ Compensation, Property, Auto & General Liability, Educators/School Board Legal Liability) were up for renewal.
By accepting partial term memberships, districts interested in exploring membership are permitted to apply for partial term membership as applicable lines of coverage come up for renewal until an all lines membership is achieved.
A SPELL JIF Board of Trustees Delegate, Mr. Richard Kaz, Jr., School Business Administrator from Northern Burlington County Regional School District, explained that “districts have been able to save thousands of dollars by participating in the fund. School districts save in two ways when they and their joint insurance funds do not have losses. No, or fewer, losses generate return funds to the district and drives down future costs. ”
Any district interested in joining the fund can contact the Executive Director’s Office at 856-446-9128 and speak with Craig Wilkie or email at email@example.com
To schedule a Concept Presentation and hear how the JIF can help your district, click here.