An insurance scheme designed to protect schools who prefer to self manage their staff absence budgets.

Provides a layer of protection above the staff absence budget helping avoid overspend. Pays a cash benefit once the level of absence exceeds the predicted level.

The cover provides a flexible choice of benefits, you choose which categories of staff to cover and select an excess to meet your schools individual needs. There is no requirement to engage supply staff to benefit under the terms of this policy.

The advantages of this type of insurance protection are:

• You continue to manage your staff absence budget internally
• Your school budget is protected should absence costs exceed your expectations
• Much lower premium levels are offered than those of traditional ‘supply’ cover
• Enables schools to keep any surplus if absence levels are lower than expected
• Minimises the risk of an overspend in bad years
• You can select a level of cover to meet your requirements

The cover provides:

• A daily benefit for all absences as a result of accidents or illness* once predicted absence levels have been exceeded.
• Comprehensive cover for stress and all stress related illnesses.
• Wide cover for pregnancy related illnesses.
• Cover for phased returns.
• Continuity of cover at every renewal.

                                                                               *standard policy exclusions apply

Please find below a printable document with a full explanation of how our Supply Overspend Scheme could work for your school.

To apply for a free no obligation quotation click here or call Freephone 0800 389 2028between 8.30 am and 5.00 pm.

To apply for a Summary of Cover or Full Policy Wording please email info@capitabest.co.uk

Click Here  to see our Staff Absence Insurance designed for schools of all sizes.