School Foundation Insurance Program (SFIP)


Brochure | Applications

The School Foundation Insurance Program (SFIP) is a specialized insurance program designed to meet the liability insurance needs of not for profit education foundations. This program offers comprehensive coverage and competitive premiums.

SFIP’s basic coverage includes Directors & Officers Liability with Errors & Omissions Insurance (D&O/E&O).

  • The Basic D & O/E & O Limit of Liability is $1,000,000 or $2,000,000 per claim/policy aggregate
  • Deductibles start at $500 per claim (minimum)
  • General Liability, Employment Practices Liability, Hired and Non-Owned Automobile Liability, Crime and Special Events coverages are also available
  • The General Liability Limit of Liability is $1,000,000/$1,000,000/$1,000,000, with a $500,000 sublimit for Hired and Non-Owned Automobile Liability
  • The Employment Practices Liability has a sublimit of $1,000,000 per claim/policy aggregate
  • The Crime limit is $25,000 policy aggregate
 

SFIP is endorsed by:

  • ASFA - American Schools Foundation Alliance
  • IASB - Illinois Association of School Boards
  • MABE - Maryland Association of Boards of Education
  • MASB - Michigan Association of School Boards
  • MTSBA - Montana School Boards Association
  • OSSBA - Oklahoma State School Boards Association
  • NSBA - National School Boards Association
  • SET SEG - School Insurance Specialists
 

SFIP is sponsored by the School Leaders Risk Management Association and is underwritten by Brokers’ Risk Placement Service, Inc. (BRPS). BRPS has provided insurance coverages for not for profits, governmental agencies and public entities for over 25 years. BRPS is dedicated to providing comprehensive coverage and superior service.

Optional Coverage Applications

General Liability, Crime and Hired/Non-Owned Automobile Liability Supplemental Application (Microsoft Word, 146kb)

EPL Supplemental Application (Microsoft Word, 116kb)

Special Events Questionnaire (Microsoft Word, 266kb)

For additional information or pricing contact:

Steve Stecker (312) 930-6063 | steckers@brps.com

 
 

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