Clubs, associations and non-profits are not immune from lawsuits. Almost any day-to-day decision by anyone in a non-profit organization can trigger legal action. Such litigation not only can hurt the organization financially, but can also threaten the personal assets of the organization's members, trustees and executives. Such organizations require special, enhanced programs, available at premiums that won't break a non-profit's budget.
This specially designed D&O Policy is uniquely qualified to fill a wide range of special insurance needs for the non-profit sector.  We offers programs specifically designed for community service organizations, such as libraries, civic clubs, girls and boys clubs, and scout groups. These programs can also be provided for any other non-profit organization.

The policies cover all directors, officers and employees, including staff, volunteers and committee members (past, present and future). Our non-profit D&O product offers full employment practices coverage and pays legal expenses as they are incurred.

Case in Point:

The trustees of a charitable organization decide to expand its activities into areas that were not explicitly envisioned by the founders. Soon after, the state’s Attorney General brings an action against the trustees alleging misuse of funds and property for operating outside the founding charter - even though no third party raised a complaint.

 


"It's better to evaluate your coverage in the boardroom,
  rather than in the courtroom."
 

Consider the following protection features:

National Admitted A+ Rated Insurance Company

Coverage for all past, present, and future directors, officers, trustees and employees, including staff, volunteers, and committee members.

Entity coverage built-in.
Our policy includes coverage for claims made against the organization itself, even if no directors or officers are named in the claim.

Employment Practices Liability coverage.
Our policy helps protect all insured persons of the organization against damages from claims for wrongful termination, sexual harassment, discrimination, unfair hiring/firing practices, mental anguish, and emotional distress.

Duty to Defend.
Committed to the fair resolution of claims, we will appoint highly qualified and experienced counsel to defend covered claims.

Defense expenses outside the limits of liability. Defense expenses incurred will not diminish the limit available under the policy.

Prior acts coverage. Our policy has no "retro-dates" that would limit the coverage for prior wrongful acts.

Broad extended reporting period option.
The policy allows insureds to elect an extended reporting period option, even when the insured cancels or non-renews coverage (commonly referred to as bilateral discovery).

Coverage available for breach of employee contract claims

Three-year policies.
Executive Risk offers three-year prepaid policies with a premium discount or a three-year annual installment option.

$0 retentions - Available.

Primary limits up to $10,000,000

The average cost to defend non-profit claims that are closed by litigation is $147,274.

(1996/1997 Watson Wyatt Nonprofit Organization Directors and Officers Liability Survey Report.)

 


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Contact Information

Phoenix, AZ  -  Home Office (602) 992-1570   Toll Free (800) 874-9191
Del Mar, CA (619) 866-4482   Portland, OR  (503) 608-4820
         
FAX (602) 992-8327   P.O. Box 6230  Scottsdale, AZ   85261
     

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