Insurance Protection Fund (IPF)
IPF Details
The Parent/Guardian/Student is responsible for making an annual payment of $40(Grades 4-12) or $15(Grades K-3) to the Insurance Protection Fund (IPF). This fund is established in order to fund repairs in the event of accidental damage to a student’s Chromebook.
All 1:1 participants are required to make the $40(Grades 4-12) or $15(Grades K-3) IPF payment. Due date is 1 week after the start of school year.
The $40(Grades 4-12) or $15(Grades K-3) IPF payment is not refundable nor prorated for partial years of student enrollment.
The IPF covers bonafide accidental damage, as determined by the district.
If equipment is found to be faulty, then it must be returned immediately to the school for repair.
Damage caused by a deliberate act of the student is not covered by this protection fund. If a Chromebook is lost or damaged due to neglect, the Parent/Guardian/Student may be liable for the full purchase price of the device.
➔ An excess of up to $500 will apply, payable by Parent/Guardian.
➔ A loss notification must be accompanied by the appropriate police report.
- Drops
- Spills (on the keyboard)
- Pet damage
- Other special situations as determined by the district
Intentional Damage includes, but is not limited to:
- Throwing the Chromebook
- Hitting/Striking the Chromebook
- Removing Keys
- Writing on, scratching words or pictures on, or placing stickers on
- Removing factory labels, inventory tag, etc
- Any deliberate act of damaging the Chromebook
- Other special situations as determined by the district
The Parent/Guardian/Student is responsible for the cost of repairs, replacement or insurance costs. If the Chromebook is lost, the Parent/Guardian/Student is responsible for the total cost of replacement.
The Insurance Protection Fund (IPF) covers bonafide accidental damage to the Chromebook, as determined by the district. If a student accidentally damages either of these, the parent may choose to use the insurance plan to cover the cost of repair/replacement. If the cost is minimal, the parent may choose to pay for the damage, and save the insurance for a major accident.