FAQ: Insurance Canopy's New Misconduct Liability Coverage for Educators and Coaches

What is the new insurance coverage introduced by Insurance Canopy?

Insurance Canopy is introducing a new misconduct liability insurance option (SAM/SML) designed to protect educators, life coaches, tutors, and instructors against wrongful allegations of sexual misconduct.

Why is this new coverage important?

This coverage is important because most general and professional liability policies exclude claims related to sexual misconduct, leaving professionals vulnerable to costly legal actions from false allegations.

How does the SAM coverage work?

SAM coverage helps pay for legal defense, attorney fees, and settlement costs in the event of a covered claim, providing financial protection against allegations of misconduct.

Who is eligible for this new coverage?

Educators, life coaches, tutors, and instructors, especially those working as independent contractors or owning educational businesses, are eligible for this coverage.

What are some examples of claims that SAM coverage can protect against?

Examples include a student misinterpreting physical instruction from a teacher, a client viewing a coach’s supportive gesture as inappropriate, or parents suing over online communication between a tutor and their child.

How much does the SAM coverage cost?

Monthly premiums start at $10.33 for educators earning $50,000 or less annually.

Is SAM coverage required by law?

No, SAM coverage is not required by law but is strongly recommended for professionals in high-trust environments to protect against potential lawsuits.

What does the SAM coverage exclude?

Coverage excludes known prior incidents, uninsurable acts, and employment-related practices.

How can someone apply for SAM coverage?

To apply for SAM coverage, visit www.insurancecanopy.com or call Insurance Canopy directly at 844.520.6993 to speak with a licensed agent.

Who can I contact for more information about this coverage?

For more information, contact Robert Lisiecki at [email protected] or call 844.520.6993.