MARLTON – The School Pool for Excess Liability Limits Joint Insurance Fund (SPELL JIF) announced May 11 that its affiliated JIFs, consisting of ACCASBO, BCIP and GCSSD, are collectively returning $1,675,000 to their 84 member school districts in central and southern New Jersey this summer.
According to a release, this is in addition to the $25,085,208 already distributed as surplus over more than 30 years.
The member-owner school districts are proud of their record of saving money on insurance for decades and especially proud during these challenging times to once again provide real financial relief.
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