PTA Insurance

Protect your PTA and your board!

 

CT PTSA Package 1: $335
Includes the following policies
General Liability - $1,000,000 limit
Officers Liability - $1,000,000 limit
Bond Insurance - $25,000 limit
Property - $10,000 limit
  CT PTSA Package 2: $410
Includes the following policies
General Liability - $2,000,000 limit
Officers Liability - $1,000,000 limit
Bond Insurance - $25,000 limit
Property - $10,000 limit

 

 Why is liability insurance necessary?

PTA is a private, nonprofit association - a business - a legal entity. It is accountable for its actions, and when it conducts its activities, it:

  1. must conduct the safest, best managed activities possible -- appropriately supervised and within the scope of the expertise of the PTA, and
     
  2. must provide adequate protection for the public against the actions of the PTA in the event an accident happens at the activity. 

This responsibility exposes the PTA and its leadership to an element of risk in the event an accident or incident takes place at a PTA activity. When an accident or incident takes place, there is the possibility that the PTA (and, perhaps its officers and directors) could be named in a lawsuit.

General liability insurance shifts the potential risks to the insurance company, thus protecting the PTA.

Who is the Insurance Carrier?

The Connecticut PTSA Board of Directors did extensive research to locate an insurance company that would provide the most comprehensive insurance coverage at very competitive rates. AIM (Association Insurance Management) is the company that our Board of Directors selected.

Insurance Packages

The following two insurance packages are provided to you as a benefit of being a member of Connecticut PTA:

Requirements of Bond Coverage:

  1. The PTA must conduct an annual review of the books by a Review Committee or qualified accountant
     
  2. The monthly bank statement must be reviewed by someone who does not have authorization to sign checks.

COVERAGE IS VOIDED IF THESE REQUIREMENTS ARE NOT FOLLOWED!

Insurance Forms

The following forms are available online in the members-only area of the web site:

Experience tells us that we all need insurance!

CT PTSA strongly recommends the purchase of insurance for your unit. Don't forget to put in this line item when setting you your PTA budget.

Insurance applications are mailed to each unit president at the beginning of the school year.  Please contact us so we can answer any questions you may have, and so we can get you on board!