Why your clients need D&O:
Immunity does not prevent an organization from being suedLaws against discrimination and harassment apply to all employers, even non-profits. You can also be sued by employees or third parties, such as clients or vendorsNearly 85% of nonprofits have an annual budget that is less than the average cost to defend a claimYour board members and organization need to protect their assets
What coverage are we offering?
Separate limits of liability for Directors & Officers and Employment Practices Liability claims (D&O limit not eroded by employment claims)Defense cost outside the limit of liabilityLifetime occurrence reporting provision – unlimited reporting extension for former directors and officers who are not on the board when coverage is cancelled or not renewedData & Security+ Endorsement – $50,000 expense sub-limit each for data breach, identity theft, workplace violence and kidnapFair labor Standards Act (FLSA) $100,000 sub-limit for defense costs and loss (available in most jurisdictions)Third Party Discrimination and Harassment Coverage (available for most classes)Business Resource Center – free HR hotline with unlimited number of calls and no time limits plus discounted HR services such as background checks and online HR training modules
For Additional Details Contact Our Executive Liability & Professional Broker
724.779.9700 x 267