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INSURANCERECOMMENDED

finance_committee_meeting_agenda_january_12_2026.pdf

Board Considers $2M Umbrella Insurance with MUSIC

$80,080Lee's Summit R-VII School DistrictMISSOURI UNITED SCHOOL INSURANCE COUNCILJanuary 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The administration recommends adding a $2 million umbrella liability policy with Missouri United School Insurance Council (MUSIC) for $80,080, providing enhanced insurance coverage. The additional coverage addresses increased risk exposure and contract compliance requirements.

Contract Details

Contract Amount

$80,080

Vendor

MISSOURI UNITED SCHOOL INSURANCE COUNCIL

Agency

Lee's Summit R-VII School District, MO

Contract Type

INSURANCE

Document Date

January 12, 2026

Renewal Date

2027-01-12

Renewal Info

Annual policy; 8.25% increase over prior year's premium. Future renewals likely subject to district review and market rates.

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