Effective Date: December 8, 2009
Last Reviewed: December 8, 2009


POLICY:

Stonehill College, for its own protection and for the protection of its employees and agents, as well as, the general public, maintains an umbrella of insurance protection as part of its risk management program.

The Vice President for Finance and Treasurer’s Office will administer the risk management programs for the College, including procurement of insurance and administering claims associated with the College’s insurance program. Coverage include general and professional liability, property damage, vandalism, theft, boiler and machinery, automobile liability and physical damage, fraud, and other specialized insurance as may be necessary.

Department activities that require insurance coverage must contact the Vice President for Finance and Treasurer’s Office before any additional coverage can be purchased. Additionally, the Finance staff and Legal Counsel staff will review contracts and agreements for insurance issues and other risk management concerns.