Common use of POLICY TERM Clause in Contracts

POLICY TERM. ● Policies run from the beginning of the school year to the end of the school year based on the board adopted student attendance calendar. ● Policies purchased at any time between those dates will terminate at the end of the school year. ● Students who are issued devices at the beginning of the regular school year may purchase insurance until the end of the 3rd week of school based on the board adopted calendar without having the device inspected. ● If devices are not issued during the first 2 weeks of school, a grace period may be extended at the discretion of the site administration. ● Students who wish to purchase insurance after the 3rd week of the regular school year (after August 26th, 2023) must have the device inspected by the site Library Media Assistant (LMA) or Office Manager and certified to be free of damage. ● Policy requires that any furnished protective case be installed on the device at all times. Damage incurred while the protective case is not installed on the device is not covered by this insurance policy. (Applicable only on those devices where a protective case was provided) ● If a protective case was furnished, it is considered to be part of the device and is included in the policy Coverage cost - $30 per term (see above). Policies purchased mid-year will not be prorated. There will be no refunds. If a student drops from the school, and then returns later in the school year, the policy will still be in effect until the expiration date of the original policy. ● Accidental damage, drop, liquid spills, and submersion. ● Theft, burglary, robbery (requires official police report) ● Vandalism (requires official police report or school administrator incident report) ● Fire, flood, natural disaster ● Power surge ● Accidentally Damaged or worn A/C Adapter (also referred to as the Power Charger) ● Mechanical failure or defect ● Theft, lost, misplaced device: $220 ● Screen repair: $100 ● Motherboard: $175 ● Hinge: $60 ● Cover Lid: $40 ● Camera: $30 ● Touchpad/Palm rest: $30 ● Keyboard: $10/key or $50 ● Power charger: $35 ● Protective Case: $25 ● Miscellaneous internal or external parts damaged due to water damage/vandalism/etc: $15-$175 each plus labor ● First covered repair- $0 deductible ● Second covered repair- $0 deductible ● Third covered repair - $25 deductible ● Fourth covered repair- $35 deductible ● After 4 repairs/replacements the policy is void for the remainder of the term and parent/guardian is responsible to pay for all damage to the device. **Note: A “deductible” is a specified amount of money that the insured must pay before the insurance company will pay a claim.

POLICY TERM. ● Policies run from the beginning of the school year to the end of the school year based on the board adopted student attendance calendar. ● Policies purchased at any time between those dates will terminate at the end of the school year. ● Students who are issued devices at the beginning of the regular school year may purchase insurance until the end of the 3rd week of school based on the board adopted calendar without having the device inspected. ● If devices are not issued during the first 2 weeks of school, a grace period may be extended at the discretion of the site administration. ● Students who wish to purchase insurance after the 3rd week of the regular school year (after August 26th, 20232022) must have the device inspected by the site Library Media Assistant (LMA) or Office Manager and certified to be free of damage. ● Policy requires that any furnished protective case be installed on the device at all times. Damage incurred while the protective case is not installed on the device is not covered by this insurance policy. (Applicable only on those devices where a protective case was provided) ● If a protective case was furnished, it is considered to be part of the device and is included in the policy Coverage cost - $30 per term (see above). Policies purchased mid-year will not be prorated. There will be no refunds. If a student drops from the school, and then returns later in the school year, the policy will still be in effect until the expiration date of the original policy. ● Accidental damage, drop, liquid spills, and submersion. ● Theft, burglary, robbery (requires official police report) ● Vandalism (requires official police report or school administrator incident report) ● Fire, flood, natural disaster ● Power surge ● Accidentally Damaged or worn A/C Adapter (also referred to as the Power Charger) ● Mechanical failure or defect ● Theft, lost, misplaced device: $220 ● Screen repair: $100 ● Motherboard: $175 ● Hinge: $60 ● Cover Lid: $40 ● Camera: $30 ● Touchpad/Palm rest: $30 ● Keyboard: $10/key or $50 ● Power charger: $35 ● Protective Case: $25 ● Miscellaneous internal or external parts damaged due to water damage/vandalism/etc: $15-$175 each plus labor ● First covered repair- $0 deductible ● Second covered repair- $0 deductible ● Third covered repair - $25 deductible ● Fourth covered repair- $35 deductible ● After 4 repairs/replacements the policy is void for the remainder of the term and parent/guardian is responsible to pay for all damage to the device. **Note: A “deductible” is a specified amount of money that the insured must pay before the insurance company will pay a claim.