All insurance purchases are coordinated by UM Management Services. For details on exact coverages for MU property, contact Administrative Services (573-882-7254), 311 Jesse Hall, Columbia, Missouri 65211.
The buildings and contents that are identified in the policy schedule are insured against physical loss or damage of University real and personal property due to such perils as fire, windstorm, hail, smoke damage, breakage and other destruction. For details on exact coverages for MU property, contact Administrative Services, 311 Jesse Hall (882-7254).
An all-risk "personal" property insurance is provided for University-owned "personal" property, as well as certain real property that may not be covered under the University's blanket property insurance policy described above. Participation is voluntary except for those "personal" properties that require insurance as a condition of a purchase, lease, grant, etc.
Property Eligible For Coverage
All business personal property is eligible except:
The following are eligible for coverage but require prior notification to UM's Office of Risk & Insurance Management:
- Any licensed vehicle.
- Personal property and equipment owned by employees.
- Animals/Creatures of any kind.
- Real Property.
- Data of any kind. (i.e., Diskettes would be covered by not the cost of recreating the data on the disks.)
- Individual items with a value of $25,000 or higher.
- Non-essential office equipment such as clocks, wall decorations, plants etc.
- Fine art, rare books, or any other item on which the intrinsic value is significantly different from the actual cash value.
NOTE: Property listed above as not eligible can generally by insured in this program or other existing University programs after review by the UM Office of Risk & Insurance Management. For further information, please contact Administrative Services (882-7254), 311 Jesse Hall.
Cost to the Department
A premium is charged to the department.
For additional information, contact Administrative Services (882-7254), 311 Jesse Hall.
Fine Arts and Antiques
Insurance coverage is provided for art objects and antiques owned by the University, those held in trust, those in transit and those held for exhibition. For information on insurance coverage for specific arts and antiques, contact Administrative Services (882-7254).