The Board is seeking Student Athletic Insurance coverage effective July 1, 2025, to June 30, 2026. If mutually agreed to by both parties the contract may be renewed in one (1) year increments up to four (4) additional years with the option of up to five (5) years. 3. The insurer agrees to a guaranteed annual rate. For consideration of extension, the insurance company must notify The Board of any rate increase or change in terms or condition at least ninety (90) days prior to policy expiration. Furthermore, the insurer shall provide the insured with a ninety (90) day written notice of cancellation or non-renewal during the contract period, except for nonpayment of premium. 4. The insuring company must be authorized to transact business in the Commonwealth of Kentucky in accordance to the KDE and KDI and must have a general policyholder’s rating of “A-” to “A+” and a financial size category of at least “Class XIII” as listed in the latest published report of the Alfred M. Best Insurance Guide.
