K-12 Student Accident Insurance: The Care They Deserve

A-G Administrators offers an array of customized insurance products to K-12 institutions developing comprehensive student accident plans.

When an institution wants to have a financial safety net for its students and athletes in case of accidental injuries but needs to limit their risk, mandatory insurance is a solid solution.

Institutions make the purchase of this type of school insurance mandatory for parents. These are typically excess plans. This means that injured students whose families already have health insurance will receive benefits secondarily to any personal insurance. This may especially come in handy for those who have to pay high deductibles with their health insurance. In the case of students who don’t have health insurance, they and their families won’t be facing the burden of medical expenses alone.

With mandatory insurance, the institution has made sure all of its students are protected from out-of-pocket expenses, which can help minimize the litigation risk that often happens when the unfortunate occurs, and parents are reeling from shock and expense. It also helps control the institution’s budget.

An institution purchases compulsory insurance plans to provide benefits for injuries sustained during the hours and days when school is in session and while students are attending or participating in school-sponsored and supervised activities on and off school premises. Institutions can count on A-G Administrators’ experience in the marketplace and our streamlined processes to customize a plan based on each institution’s unique needs and budget. Because the institution pays the premiums, the school families will appreciate its oversight and care.

For institutions that have round-the-clock student activity, A-G Administrators offers 24-hour accident insurance plans. These plans generally cover everything compulsory plans do, with additional benefits for covered injuries 24-hours a day and throughout the year, including weekends, vacations, and summers. This plan is paid for by the individual, not the institution.

Provides benefits for covered injuries sustained during the hours and days when school is in session and while students are attending or participating in school-sponsored and supervised activities on or off school premises.

A-G Administrators’ interscholastic sports policies can help institutions make protection opportunities available to their student-athletes, managers, trainers, cheerleaders, and other participants to help protect them from the financial burden of the high cost of catastrophic injuries. These covered injuries include:

• Injuries sustained during try-outs
• Injuries occurring during pre-season, regular season, and postseason play
• Injuries occurring travel to and from games and practices

This plan is paid for by the individual, not the institution.

Sometimes unexpected injuries have more significant, life-threatening consequences. A-G Administrators can help institutions be ready if the unfortunate happens, with catastrophic injury plans.

Because of the extreme costs, challenges, and emotional repercussions of a student or student-athlete’s catastrophic injury, A-G Administrators offers institutions the option to create their own programs.

• Choose up to $5,000,000 in excess accident medical expense benefits for covered accidental injuries with a ten year benefit period
• Or choose up to $1,000,000 in excess accident medical expense benefits for covered accidental injuries with a lifetime benefit
• Then select:
  • A lump-sum benefit of up to $100,000 for any conditions in the Table of Losses, with a yearly benefit of $40,000 paid for up to ten years (total: $500,000)
  • A lump-sum benefit of up to $200,000 for any conditions in the Table of Losses, with a yearly benefit of $80,000 paid for up to ten years (total: $1,000,000)

These K-12 catastrophic programs have a $25,000.00 deductible. Benefits paid under the base plan are applied to the deductible of the catastrophic plan.