Budget Sheild - Protecting the budget & caring for staff

Absence Insurance Services, in partnership with Sutton Special Risk, is pleased to announce the launch of “Budget Shield”. This new insurance product protects school districts against the costs incurred from sickness, accident and other absences due to family medical leave, bereavement, personal days, jury duty, and military service. But that’s not all. It also supports staff members with a comprehensive employee assistance program. Download the full PDF information here

Find out more about our Substitute Staff cover

• Cover Substitute Staff for the following

  Sickness / Accident / Family Medical Leave / Bereavement / Jury / Military / Personal Days / Child Bearing and Child Rearing / Class Coverage from first $ / ASBO Conference Attendance.

  Other Risk Management Benefits include Travel Funding and Low Claims Rebate

• Product Introduction

  Substitute Staff Insurance is designed to provide School Districts with budget certainty and risk transfer when Substitute Staff are employed to cover absent permanent staff who are absent for coverage offered.

  School Districts have the Option of 2 types of policies.

  Option 1 - Elimination Days apply per claim
  Option 2 - Elimination Days selected by School Districts for a year

  The Insurance policy smooths out fluctuations to enable the School District to budget more efficiently while also protecting the downside of a particularly bad year due to staff absence. The policy offers $ per day reimbursement ($80 - $175 per day after policy elimination period) when the School District is paying Sick Days for absent employees

  DOWNLOAD OUR SUBSTITUTE STAFF SCHOOL DISTRICT PRESENTATION

• Substitute Staff policy benefits

  Accidental bodily injury, illness, resulting in absence from work

  1. ✔Up to USD 175 daily benefit
  2. ✔Paternity and Adoption coverage
  3. ✔Jury Service Benefit
  4. ✔Care for others
  5. ✔Stress cover
  6. ✔Child Rearing
  7. ✔Maternity and Child Rearing
  8. ✔Excess day options
  9. ✔No exclusion option
  10. ✔All staff member cover
  11. ✔Light Duties Return
  12. ✔Claim Benefits and Waiting Period
  13. ✔Variable depending on School District needs
  14. ✔Class coverage from the first $

• The strongest technology

  Over the last 15 years due to the niche nature of this product we have developed and refined internal and external administration, claims and sales processes. This result has been a state of the art bespoke Management Information System that is Windows Enabled and runs on a Web platform so that every client has their own intranet site accessed via our main website. All clients are given log in details at the inception of a policy with ability to change for their own requirements. Data Protection is treated as highest priority and appropriate encryption software utilised.

  Main Server is also supported by offsite Server for both IT performance and disaster recovery planning. At present Cloud Based storage is being tested. The system is designed to be User/Client driven and totally paperless. (We will process via helpline and accept paper if the client wishes to use this method) At present 82% of our Sales are performed via Web Communication and Email. 91% of all Claims are done via the Website.

• Unparalleled market insight

  With 15 years Underwriting and Claims Data that now covers over 100,000 School Employees, the patterns of Data and Underwriting Performance have developed the AIS Underwriting model. Patent Pending in the USA.