Coverage A
Up to $1,000,000 per Insured per occurrence/$3,000,000 per
occurrence, plus the cost of defense, investigation and legal
fees.*
Coverage B
Up to $5,000 per claim per Insured, coverage for criminal
proceedings and/or sexual misconduct limited to $10,000 aggregate
per member per policy year.
Coverage C
Up to $1,000 premium on bail bonds.
*NOTE: The duty of the insurer to defend extends even
to groundless, false and frivolous suits or accusations.
Coverage A
Broad Insuring Clause
Liability A True Professional Liability Policy:
- Errors and omissions insurance for claims for damages
arising out of a member's duties as a professional educator,
including all defense costs.
- The occurrence giving rise to such claims is simply defined
as an event which results in damages to some other person.
Coverage B
Attorney Fees
Reimbursement Clause
This coverage provides for reimbursement of attorney fees
in a broad range of situations not insured under coverage A
such as:
- Criminal charges, allegations of sexual misconduct, actions
involving dismissal, revocation of certification, and other
professional rights and duties. As respects some of these
situations, payment of attorney fees is contingent on the
Educator's case prevailing. In such cases, $500 (for consultation
or otherwise) is reimbursed without regard to that outcome.
Coverage C
Provides for payment of premium on bail bonds
Click
here to print a Professional Liability Insurance form,*
attach your PERSONAL check or visa/mc card information and
mail it to the OkACTE:
4545 N Lincoln, Suite 159
Oklahoma City, OK 73105
*Registration form is saved as PDF File (Portable Document
Format). To view, print or download a PDF file, you need to
have Adobe Reader installed on your computer. If you need
to do so click on the following icon to download the version
for your computer.
This brief description of the policy is to provide information
only to members and in no way alters or modifies the policy
on file with the Association. If you would like to receive
a copy of the policy or have questions, please call Debbie
at (405) 525-8906.
It is required by State Insurance Laws that we inform you of the premium breakdown of the professional liability insurance policy. If you have questions about the premium and/or association fees and taxes please contact us immediately.
Summary charges are:
| Insurance premium per member |
$ |
26.00 |
| Insurance Tax and Fees (6%) |
$ |
1.56 |
| OkACTE Association Service Fee |
$ |
12.44 |
| TOTAL |
$ |
40.00 |
Thank you for your support of this important membership service. The Oklahoma ACTE uses this program as an important fundraiser for the association/s expenses and services. This annual rate ($40.00) is highly competitive for an individual Professional Liability policy.
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Educator's Professional Liability
Insurance