Newest Policies / Recently Updated
The State of Tennessee has increased the university’s property insurance deductibles from $25,000 to $75,000 on water-related losses and $250,000 on flood losses in high risk areas; all other losses have a $50,000 deductible. The university maintains an internal Risk Management fund to cover these deductibles and departments/campuses are charged a portion of that deductible. To ensure that the internal Risk Management fund remains solvent, the departmental/campus deductibles are also increasing. The new campus/departmental deductibles are $15,000 on water-related losses, $50,000 for flood losses, and $10,000 on all other losses. These deductibles only apply to losses covered under the state insurance policy.
Policy applicable to visitors.
Published 10/30/2020; Effective 10/23/2020
Board approved updated version of BT0003. With this revision, Board Policy BT0019 was repealed and replaced with BT0003.
FI0531 – Travel Cards (new)
To provide policies and procedures to departmental personnel on the use of university travel
cards. Obtaining a travel card is optional and is intended to reduce the out of pocket burden for
employees, guests and students who travel on behalf of the university.
Updates related to new Travel Cards policy (FI0531)