Common use of Insurance and Risk Management Clause in Contracts

Insurance and Risk Management. A. The Charter School will maintain, at its own expense, its own insurance policies for the operation of the Charter School, consistent with the approved charter. Policy types and amounts will be at least commensurate with the recommendations of amounts and types by the District’s insurer for a school of similar type and size in the area. Additional insurance may also be obtained by the Charter School as necessary or required by law. The Charter School must provide the District certificates of insurance to show active status for each school year before commencing instruction to students.

Insurance and Risk Management. A. The Charter School will maintain, at its own expense, its own insurance policies for the operation of the Charter School, consistent with the approved charterincluding but not limited to general liability, property, and errors and omission policies. Policy types and amounts will be at least commensurate with the recommendations of amounts and types by the District’s insurer for a school of similar type and size in the area. Additional insurance may also be obtained by the Charter School as necessary or required by law. The Charter School must provide the District certificates of insurance to show active status for each school year before commencing instruction to students.