The third installment for the Optional Excess Liability Program (OELP)
through United Educators Insurance Reciprocal Risk Retention Group is
currently being finalized. The OELP coverage is in excess of a member's
$15 million retention level and is effective July 1 through June 30. SELF
arranges OELP coverage on a group purchase basis to individual member
districts.
Members who are part of the OELP program were billed with their regular
invoice. Because this is an insurance product, our ability to provide
this coverage is based on the volume of districts wishing increased
liability limits. Districts who elected OELP but have not yet paid for
the excess coverage this year will be dropped from the program. As stated
in the SELF Bylaws, members who want to change their retention level
must do so by June 1, 2003.
If a member would like to join the OELP, you can contact the SELF office
for an application form or download
the form off the SELF website.
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