Risk/Excess, University of Kentucky

PROPERTY INSURANCE

BUILDINGS AND CONTENTS

STATE FIRE AND TORNADO INSURANCE FUND

FIRE AND EC SECTION (Required by Chapter 56, KRS 56.065 through KRS 56.170)

Insures state-owned buildings and/or contents on a July 1 fiscal year basis, and provides All Risks-Special Form coverage for direct physical loss including earthquake and flood. The buildings and contents are currently insured on a Replacement Cost basis with a $500 deductible applicable per occurrence.

Effective July 1, 1997, All Risks Special Form coverage is provided and includes theft, water-damage and breakage. All contents that remain in a designated building, that have been included in the total value reported for that building, are now automatically provided All Risks coverage. Values are primarily obtained from capitalized inventory records and are scheduled according to official UK building number assignments. This coverage excludes computer and telephone coverage, which is insured on a separate certificate and outside policy. Contents that do not remain in a designated building are not insured.

Additional Coverage

Debris Removal; Preservation of Property; Fire Department Service Charge; Pollutant Clean Up and Removal; Collapse (limited).(Excludes: Computer and Telephone Equipment)

UK \| Office of Controller \| Risk Management
306 Peterson Service Building Phone: (859) 257-3708		Lexington, KY 40506-0005 Fax:(859) 257-1050