Financial Services
Queen's University-
Policies
- New Travel and Procurement Policy Related FAQ's
- Approval Authority
- Cash
- Deposits
- Harmonized Sales Tax
- Hospitality
-
Insurance
- Auto
- Property
- Property in Transit
- Investment Related
- Journal Entries
- Loans
- Making Payments
- Managing Funds
- Perquisites
- Physical Assets
- Procurement
- Records Retention
- Safe Disclosure Reporting and Investigation
- Travel (for travel taken up to and including March 31/12)
- Travel and Related Expenses (Effective April 1/12)
- T2200 Guidelines
- Travel Expense Claim Information
- Travel Expense Claim Examples
Property Insurance
Our basic insurance policy covering damage to university property targets large losses (i.e., over $100,000).
Queen's does have a self-insurance program for losses below $100,000 (actual replacement cost only, for goods of similar make or comparable performance), but there is a $1,000 deductible that, according to university policy, must be paid out of a department's own resources.
The deductible may be waived, however, if there are signs of "forcible entry" in the case of theft, or if the damage is the result of a flood or fire - i.e., circumstances beyond the control of departmental personnel.