It is the policy of the College to protect and preserve both the financial and physical assets of the College from fortuitous loss, and to provide students, employees, trustees and members of the general public with a safe and secure environment, all in a cost-effective manner. The College will take steps to identify potential sources of loss, and will prevent, reduce, mitigate and protect against loss through proactive programs, risk transfer and procurement of appropriate insurance coverage for expenses not covered by the State of New Jersey’s Risk Management program and the Tort Claims Act. (Under the State of New Jersey’s Tort Claims Act, the College and its employees are indemnified and defended by the State for tort liability, including directors’ and officers’ coverage, professional liability and medical malpractice.)
Reason for Policy
To set forth policies and procedures that protect and preserve both the financial and physical assets of the College from loss.
To Whom Does The Policy Apply
Ramapo College students, employees, trustees and members of the general public
NJ Tort Claims Act – NJSA 59:13-1 et seq.
NJ Workers Compensation Act – NJSA 34:15-1 et seq.
Controller & Assistant Treasurer