Educational insurance is a must for schools and universities.

Philadelphia Insurance Companies (PHLY) offers superior insurance products for Private K-12 Schools, Charter Schools, and Vocational/Technical Schools as well as Colleges and Universities with student enrollments of less than 10,000. Our policies provide a wide range of insurance protections and services tailored to meet the specific needs of the education sector. Discover what PHLY has to offer and how the right policy can benefit your educational institution.

Why PHLY?

PHLY has deep experience and expertise in providing insurance for educational institutions. Here are just a few of the reasons academic organizations choose to work with PHLY year after year.

Personalized Customer Service

At PHLY, we work every day to exceed customer expectations. With an overall customer service satisfaction rating of 96% across our services, the feedback we receive is a testament to the value we place on your customer experience. When you work with PHLY, you get more than an insurance carrier. You get a partner dedicated to surpassing expectations and delivering the very best service in the industry. Our renowned personalized service is one of the main reasons 9 in 10 of our customers consistently return to renew their policies.

Financial Strength and Stability

Financial strength is a must when choosing an insurance carrier. You want to make sure you choose a partner with the financial backing and stability to support you when you need them most.

At PHLY, our track record speaks for itself. We have an A++ (Superior) rating from the AM Best Company, indicating exceptional balance sheet strength, strong operating performance, and robust enterprise risk management. We have also received an A+ rating from Standard & Poor's for superior credit and financial strength. All of this contributes to PHLY's standing as a nationally recognized member of Ward's 50 Benchmark Group of Property and Casualty insurance companies. This designation is reserved for companies that consistently demonstrate excellence in financial strength, claims performance, and favorable underwriting results.

When you're looking for an insurance company with the kind of creditworthiness needed to endure through difficult times, you can rely on PHLY.

Educational Expertise

With something as important as education, you want an insurance carrier that understands the specific needs of your academic institution. At PHLY, we bring more than 25 years of experience in education to the table. We have built industry-specific expertise that benefits our brokers and policyholders. Thanks to our work in this area, our claims experts have developed an in-depth knowledge of handling everything from abuse to employment practices disputes. Our overall experience means PHLY is positioned to meet the specific needs of the education sector.

Dedicated Focus

PHLY is dedicated to serving educational institutions and their unique needs. Our focus has enabled us to hone our skills, and our tailored insurance packages are developed specifically with those needs in mind and are supported by experts who work with educational institutions on a daily basis.

What We Offer

PHLY offers a variety of insurance products for a wide range of educational institutions, including:

• Private K-12 schools
• Colleges and universities (with enrollments less than 10,000 students)
• Charter schools
• Vocational schools
• Technical schools
• Driving schools

Below we explain the features and coverage benefits of our comprehensive educational insurance program.

General Liability/Sexual Abuse/Umbrella Coverages

PHLY offers various liability options. Our general liability coverage includes several key benefits for educational providers. With limits of up to $1M per occurrence and $3M aggregate per campus, our general liability policies can include:

• Corporal Punishment coverage
• Violent Event Response coverage
• Medical Incident Liability coverage for nurses and athletic trainers
• Special Events Liability coverage
• Employee Benefits Liability coverage

PHLY also offers coverage for Abuse or Molestation which covers inappropriate sexual or physical contact with a student by a teacher, volunteer, or anyone that has access to the student. And, Umbrella coverage is available to provide high limit protection for your educational institution.

Educators Professional Select (EPS)

Our Educators Professional Select policy covers Directors & Officers, EPL including third party liability, and Educators Errors & Omissions. We include a broad definition of education services and insureds to cover the protection needs of educators and their institutions.

Property Coverage

Property damage is an ever-present risk for schools. PHLY offers blanket limits with large in-house capacity for educational institutions to cover property claims. Our policies offer coverage for:

• Student property
• Boiler and mechanical breakdown
• Flood and Earthquake
• Business Interruption including loss of tuition

Automobile Coverage

Commercial vehicles owned by a school need specialized auto coverage. PHLY meets this need with our exceptional automobile and fleet coverage. Our policies include options for:

• Owned/non-owned/hired auto coverage
• Liability and physical damage coverage
• Rental reimbursement

Crime and Fidelity Coverage

If an unfortunate criminal event occurs at a school, PHLY has the kind of coverage to handle it. Our policies include coverage for Employee Dishonesty and Forgery/Alteration of documents.

Risk Management Solutions

PHLY offers services in risk management that enhance the value of our insurance products. We provide access to a legal hotline that comes with several hours of free legal advice for Educators Professional Select policyholders. Policyholders also have access to several training programs, including:

• Sexual abuse awareness training
• Skillful screening training
• Suicide prevention training
• Defensive driver online training and examination
• PHLYTRAC Telematics program which is designed to improve driver behavior, resulting in fewer accidents and more efficient vehicle operations
• PHLYSENSE program early warning sensor system to monitor room temperature and detect water through a cellular network

All of these programs are available to PHLY policyholders as part of our comprehensive risk management offerings. PHLY policyholders can also take advantage of our strategic partnerships with best-in-class vendors for discounts on background checks and motor vehicle record (MVR) checks.

Part of managing risk means staying informed. We're committed to keeping our policyholders in the know, which is why we issue regular e-flyer communications on the current state of risk management. We also regularly analyze large loss claims and compile this information into Lessons Learned bulletins that we make available to our insureds. These valuable insights inform policyholders on how to mitigate, prevent, or eliminate potential losses.

Excellent Endorsements

In addition to wide-ranging competitive core policies, PHLY offers endorsements to enhance coverage for policyholders and address their specific needs. Academic institutions can take advantage of multiple endorsements, including:

Bell Endorsement

This endorsement includes an additional $50,000 in limits each for:

• Business Travel Accidents
• Donation Assurance
• Emergency Real Estate Consulting Fee
• Identity Theft Expenses
• Image Restoration and Counseling
• Key Individual Replacement Expenses
• Kidnap Expenses
• Terrorism Travel Reimbursements
• Workplace Violence Counseling

In addition to the above limits, the Bell Endorsement also includes $25,000 limits each for:

• Conference Cancellation
• Fundraising Event Blackout
• Political Unrest (up to $5,000 per employee)
• Temporary Meeting Space Reimbursement

PHLY will also cover up to $1,500 in Travel Delay Reimbursements as part of this endorsement. The Bell Endorsement is added to all policies and brings tremendous value to our already-excellent insurance packages.

Crisis Management Endorsement

While you always want to hope for the best, you also need to prepare for the worst. PHLY helps you be prepared with our Crisis Management Endorsement. This endorsement includes a $25,000 limit to cover expenses incurred due to a crisis. This includes paying for services by a crisis management firm approved by PHLY.

Choose PHLY for Education Insurance

For the best in education insurance, look no further than PHLY. Explore our policies today and discover what's best for your institution. Installment plans for monthly payments are available for accounts that generate $2,000 or more in premiums.

When it comes to education, you want to focus on the things that matter. Let PHLY handle the risk. To learn more, visit our product page or contact a PHLY Representative today!