Coverage Overview: Fund Transfer Fraud Coverage

Several SORSA members have recently asked us about this coverage.  A recent OASBO newsletter included an announcement from a different school insurer introducing this as a new coverage. The announcement also stated that the coverage limit would be $25,000 or lower.

You will be glad to know that SORSA has provided this coverage for several years.  The limit of coverage provided by SORSA is $100,000.

Other coverages provided in the SORSA Crime section include:

  • Employee Dishonesty including Faithful Performance of Duty $ 100,000
  • Forgery or Alteration $ 100,000
  • Theft, Disappearance or Destruction $ 100,000

Ask your local agent if you have any questions at all about SORSA coverage.

Cyber Liability Coverage

Cyber Liability Coverage for all SORSA Members protects data losses whether paper or electronic.  New for 2016-2017 all members have coverage that includes security and privacy, regulatory action, event management, and cyber extortion.  

Need an Inspection? Have Risk Control Questions?

Our dedicated Loss Control Consultant Nancy Them is available to answer your questions about safety and best practices to keep your district compliant and reduce risk. Nancy can provide facility recommendations, playground inspections, in-service bus driver training and employment training all free of cost to our membership. Call to discuss the ways that help you manage your risk 419-564-1158.