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POL 2.060 Insurance

An insurance program shall be maintained to insure safeguarding of buildings, equipment, personnel, and board of trustees. It shall be the responsibility of the chief executive officer to place all insurance with the Board designated agent of record, except for those insurance programs as specifically authorized by the board.

The college President shall be kept informed of changes, additions, or deletions in the program and the agent of record shall make a comprehensive report to the board of trustees once a year as to kinds of coverage, underwriter, amount of coverage, premium costs and recommendations on the overall insurance program.

August 11, 1983