Insurance: Property and Liability

Type

Procedure

Category

Finance

Department

Finance & Administration

Phone

(541) 463-5315

Contact Email

Responsible Executive Authority

Vice President, Finance & Administration

Purpose

This procedure describes the College's insurance program, and encourages a prompt report of any property loss to the Finance & Administration Office.

Narrative

Lane Community College maintains a very broad insurance program. This program is effective, not only in reducing out-of-pocket costs to the college but also in maintaining a safe environment for students, staff and patrons and increasing the awareness of safety and risk management among employees of the college.  All insurance is purchased through the college's agent of record. Any questions on types of insurance or claims against the college should be routed to the Risk Management Office.

All losses of property, for any reason, should be reported promptly to the Rick Management Office. Do not assume something would not be covered, as there are various types of policies covering different areas, all with different deductibles.

The college is also covered by a number of liability insurance packages. All liability claims submitted are forwarded to the insurance agent of record for final decision on coverage. Any personal claim for coverage or legal papers submitted against the college should be directed to the College Operations office.

Date Adopted

Saturday, May 1, 1999

Date Last Reviewed

Tuesday, December 1, 2015