COMPREHENSIVE INSURANCE PACKAGE FOR SCHOOLS (CIP) 

The NIC Comprehensive Insurance Package (CIP) is an all-risks insurance solution that provides protection against risks that may significantly affect various stakeholders in your school. The package provides insurance for the following:

1. School Fees Insurance Scheme
   Covers school fees payments for students in the event of death or permanent disability of a pre-identified parent or guardian under the NIC School Fees Insurance Scheme.
   
   
2. Material Damage to School Property
   Covers school property (all buildings including furniture, fixtures and fittings, computers, and electronics) damaged or destroyed by fire, strikes, storms, etc.
   
   
3. Also covers students’ property against fire (up to a specified limit).
   
   
4. Burglary Cover
   Covers burglary of school property (up to a specified limit).
   
   
5. Public Liability Insurance
   Covers liability to third parties (subject to a specified limit).
   
   
6. Accident Cover for Both Pupils and Teachers

• Accident insurance for students (subject to specified limits)
• Accident insurance for teachers (subject to specified limits)
  
  

How the Policy Works

NIC and the school trustees (school authorities and Parent Teacher Associations) operate the policy jointly. This arrangement guarantees the safety of benefits payable.

The premium is conveniently paid along with each term’s school fees.