General Insurance Information

The Treasurer's Office is responsible for insurance activities throughout the University. The Board of Trustees has designated the Treasurer (and/or her designee) as the responsible party for all matters related to Insurance. The main activity of this function is to identify the various risks that face the University and take the necessary actions to manage those risks.

The University of Massachusetts, similar to other Institutions, face the potential for liability which may arise as employees carry out their various duties. The employees and/or the institution could be held liable for actions which may cause bodily injury, personal injury, or property damage to others. The University manages many of these exposures through the purchase of various forms of Liability Insurance. These policies are designed to protect the institution and its employees for claims which may be presented. The following major policies provide protection for employees University-wide:

General Liability:
The University maintains a comprehensive General Liability policy with limits of $1,000,000 per occurrence (including a $250,000.00 self-insured retention) and $3,000,000 in the aggregate. This policy provides coverage for bodily injury and/or property damage to third parties that result from the University’s negligence. The University also maintains an Excess Liability policy which provides coverage in addition to these limits.

Management Liability:
The University also maintains a Management Liability policy, which provides coverage for Directors and Officers (D&O), Employment Practices Liability (EPL), and Fiduciary claims. The policy has a $10,000,000 aggregate limit with a varying deductible based on the type of exposure. 

The University maintains a Commercial Crime Policy. This policy covers losses resulting from any dishonest or criminal act committed by a University member or any of the University’s partners whether acting alone or in collusion with other persons. The policy has a $10,000,000 limit of liability and a $1,000,000 deductible.

Vehicles owned by the University of Massachusetts are self-insured in accordance with Chapter 258 of the Massachusetts General Laws.
The University purchases Liability Insurance and Physical Damage Insurance (Collision and Comprehensive) for leased vehicles. The title to a leased vehicle remains with the leasing company and, as a result, the University is required by the lessor to purchase insurance on the vehicle. This insurance policy also provides coverage for University use of hired and non-owned vehicles.

For a list of other polices that the University maintains, please see our Master Schedule of Insurance. Please note, that not all policies listed on the summary are for the entire University system. Some are specific to a campus and/or specific program and department.

A Certificate of Insurance evidences University of Massachusetts insurance coverage. A University Certificate of Insurance may be requested by third parties involved with the operations of the University. If you would like to request a Certificate of Insurance, complete the Certificate of Insurance Request Form.

The University and its employees are further protected under Sovereign Immunity. Chapter 258 of the Massachusetts General Laws provides protection from claims of negligence while employees are acting within the scope of their employment.