Back-to-School (Risk) Basics

Frances O'BrienIt’s that time of year again – children are hanging up their beach towels and heading back to school. For families whose children attend boarding school or college away from home, the bittersweet feelings produced by their absence should be met with concerns over the child’s safety and the family’s financial security.

With children out from under-the-thumb of parental supervision, unacceptable behaviors that would be observed and corrected at home may go unnoticed at school, presenting parents with a greater array of property and liability risks. Let’s say a child posts a defamatory or libelous comment about a professor on a college reviews and ratings website. The resulting financial damages could produce monetary mayhem if the proper insurance coverage was not previously in place.

back to schoolFor parents, particularly those of high net worth, whose children are preparing to head back to school, it is important they take the time to sit down with a specialized insurance agent to discuss the ABCs of risk management and insurance. Doing so will help reduce the level of risk your child – and wallet – is exposed to while away at school.

For more information about the various risks of sending your child back to school, visit:


Fran O’Brien is Division President, North America Personal Risk Services, at Chubb.

Categories: Family, General Risk
Tags: ,

Leave a Reply