YOUR NURSERY PACKAGE
Glossary
NCi Nursery realise that the insurance industry can sometimes be tricky to grasp with many insurance brokers or insurance companies seemingly stuck in the past and using jargon which often makes no sense at all.
NCi Nursery isn’t one of these brokers and our aim will always be to explain things to you in a language you understand.
Here are just a few terms that often come up when dealing with nursery insurance along with a brief description of what they actually mean:
AUTHORISED VOLUNTEERS means voluntary workers acting under your authority whilst engaged in your business
EXCESS means the first amount of each and every loss up to the amount set out in the schedule
INSURED means the insured shown in your policy schedule
NURSERY CHILDREN / CHILD means children enrolled at your nursery
UNOCCUPIED means unoccupied or untenanted or not in use for a period of more than 60 days
CRIMINAL RECORDS BUREAU CHECK/ENHANCED DISCLOSURE (CRB) means a background check, carried out on behalf of the organisation by the Criminal Records Bureau. It is a legal requirement that all adults (18 years and above) who work directly with children or vulnerable adults have this background check carried out. For volunteers the check is free, for employees checks need to be paid for. It can take some time for the checks to come back to the organisation so it is imperative that at least some of the adult staff have them within your organisation when you start operating.
Many insurers will decline to quote if there are an insufficient number of staff with these checks carried out within your nursery.
More information can be found here: http://www.crb.gov.uk
EMPLOYEES mean members of staff who are employed by your nursery who receive remuneration for the services they provide. This can include students on work placements and temporary staff.
PUBLIC LIABILITY means cover for your nurseries legal liability to a third party for property damage or personal injury.
EMPLOYER’S LIABILITY means cover which is a legal requirement for all organisations that employ staff under the following acts of parliament: Employers’ Liability (Compulsory Insurance) Act 1969 & 1998. This part of an insurance policy covers your legal liability to your employees. Examples of this cover include accidents at work where the employer has been negligent or committed a breach of trust.
PROFESSIONAL INDEMNITY means insurance which covers an individual or organisations in cases of negligent acts, errors, omissions or breaches in professional duty that result in injury or loss.
BEST PRACTICE means the delivery of service which has been deemed, through research or experience, as the most desirable means of achieving outcomes.
CAPACITY means the total number of children that may be in care at one time in a child care program.
CERTIFICATION means a valued credential awarded in several fields that proves competency upon satisfactory demonstration of particular knowledge and skills.
CHILD CARE means providing care and/or supervision for children and their daily needs, in a home or center setting.
