Child Care Liability Insurance
March 8th is right around the corner! This is an important date for child care liability insurance as many of you already know. If your child care liability insurance policy is due to be renewed on March 8, 2011 or after, you are required to renew your policy with the amount of coverage at $500,000 per occurrence and $1,000,000 aggregate and you must also list the Early Learning Coalition as an additional insured.
Providers are required to ensure that the Coalition has proof of insurance via a current Certificate of Insurance (COI) on file with the Coalition at all times. If the Certificate of Insurance on file expires, you will have a maximum of 10 days from the date of expiration in which to provide a current COI. On day 1 of that 10 day period we will notify you and your parents that you are not in compliance. Reimbursement for School Readiness services will cease until you are back in compliance or the 10 day period expires. If you do not provide a current, valid Certificate of Insurance before close of business on the 10th day, your Agreement to provide School Readiness services will be terminated for 1 year. The School Readiness Compliance Policy which outlines this requirement and other Coalition requirements can be found on the Coalition website at www.elcpinellas.net.
Many of you have called the Coalition with questions about these requirements. Below are some frequently asked questions:
Why do I have to add the Coalition as an additional insured?
These requirements, including adding the Coalition as an additional insured, are in place based on the Coalition’s grant requirements with the Agency for Workforce Innovation. The Early Learning Coalition Board of Directors approved this policy on November 4, 2011 requiring that child care providers who are under Agreement with the Early Learning Coalition of Pinellas County to provide School Readiness services meet these requirements for coverage amounts and “additional insured” at their next policy renewal effective March 8th or after, whichever is later. By adding the Coalition as an additional insured, you are not insuring the Coalition or its employees. The Coalition maintains liability insurance on its employees.
Can the Coalition help pay for the cost of this insurance?
The Coalition can not pay for provider insurance per the Agency for Workforce Innovation. Providers must have and maintain child care liability insurance at all times and the expense of this requirement is part of the provider’s decision to contract with the Coalition to provide School Readiness services.
If you have questions about this information or any notices you receive regarding child care liability insurance, please contact the Quality Assurance Department at 548-1439 x223.
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