|
LIABILITY AND
EMPLOYMENT RIGHTS INSURANCE COMPARISON
|
|
Percentage
of claims
at PET
|
PET
Professional Educators of
Tennessee
|
CEAI
Christian
Educators Association, Int.
|
|
< 5%
|
Liability
Insurance (Coverage A)
|
|
$2,000,000 per insured per
occurrence plus defense costs and $3,000,000 per
occurrence if more than one member is involved.
|
$1,000,000* per member per
occurrence plus defense costs with a $2,000,000
annual maximum
|
|
Errors & Omissions
|
|
$2,000,000
|
$1,000,000
|
|
< 8%
|
Attorney Fee Reimbursement
in Criminal Cases (Coverage B)
|
|
$35,000 per claim for
criminal cases if exonerated and up to $10,000 if
not exonerated.
|
Only two situations are
covered at 90% less $100 deductible:
·
Sexual abuse – Up to $35,000 annual maximum if
found innocent or charges dropped
·
Corporal punishment – Up to $10,000 if found
innocent or charges dropped
|
|
< 1%
|
Bail Bond Reimbursement
|
|
$1,000
|
NONE
|
|
Too new
to tell
|
Private Instruction/Tutoring Coverage
|
|
$1,000
|
ADDITIONAL
COST
|
|
< 1%
|
Assault-Related
Personal Property Damage
|
|
$500
|
NONE
|
|
> 85%
|
Employment Rights Insurance (Coverage B)
|
|
Guaranteed: If
a professional's rights having to do with the job
are illegally violated, the policy provides legal
assistance. PET's employment rights insurance
reimburses up to $10,000 in defense costs. If the
violation is not proven, up to $1,000 in attorney's
defense fees will be provided.
|
If you are sued by someone
you supervise: 90% of defense cost is covered up to
$5,000 less $100 deductible.
Up to $250 for
initial consultation and up to $750 of legal fees
less $100 deductible. Up to $4,000 less $100
deductible to sue some one if the results are
favorable. If you do not win the limit is the
initial $750.
|
|
|
Accidental Death and Dismemberment Insurance
|
|
$10,000
per member (under age 70) – 24 hours a day,
covering both job and non-job related accidents
|
$25,000 per
member when riding on a
licensed common carrier. An additional $2,500 is added for each
year of membership. (like flight insurance)
|
|
|
Term Life Insurance
|
|
$1,000
per member (under age 70)
|
NONE
|
