Iowa Public School Insurance Program
The Iowa Public School Insurance Program (IPSIP) will serve its Iowa schools’ membership through a unified cooperative which offers proven leadership; proficient management; and exceptional insurance providers who offer comprehensive, fiscally responsible property casualty and workers’ compensation insurance coverage.
PROGRAM BENEFITS
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- Long-term stability in premiums and insurance availability.
- Broader coverage and increased limits.
- Potential return of loss fund dollars in the form of surplus returns subject to favorable loss experience.
- Cash flow benefits.
- Interest earnings from loss fund monies are retained by the members and further reduce program costs.
- Direct input and a strong voice by each member on coverage, administration, claims management, and loss prevention decisions.
- Detailed and comprehensive monthly loss information.
- More direct control of claims management and claims costs.
- Professional loss prevention programs tailored more to specific needs and desires.
- Direct control of growth and determination of new members.