Nonprofit D&O Liability is the principal source of coverage for claims relating to management, governance and oversight of the organization.
What’s Covered
Act, error, omission, neglect or breach of duty.
Who’s Covered
Association, directors, officers, volunteers and employees but only with respect to actions taken on associations’ behalf within granted scope of authority.
Value to Association
Principal source of claim activity is employment practice liability. Personal Injury (libel, slander, defamation), Publisher’s Liability (copyright infringement, plagiarism, etc) are included as covered perils.
Directors and Officers Insurance
• Employment Practices Liability
• Defense costs in addition to the limit of liability
• Choice of council available
• Order of payments language with priority placed on indemnifying the Individual insured first