Nonprofit Management Liability

Non-Profit organizations must orchestrate changing, varied pieces coming in and out of their orbit on a daily basis—volunteers, busy schedules of board members, and being at the whim of tight budgets and capricious donations. With so many ongoing duties, non-profits can often fall victim to being so passionate about their mission that they overlook the rudimentary task of protecting the organization from exposure to risk. While being so charitable and benevolent, non-profits are oftentimes not just prone, but easy targets for Machiavellian threats of litigation. In fact, non-profit organizations file twice as many D&O claims as public and private companies.

Our coverage goes beyond Directors & Officers Liability and includes the following:

  • Directors, Officers & Organizational Liability

  • Employment Practices Liability

  • Fiduciary Liability

Core Coverage Highlights & Program Specifics:

  • Primary Limits available up to $5,000,000 (excess limits available)

  • Claims Made

  • Broad Definition of Insured - includes past, present, or future directors, officers, trustees, members of commissions, committees, general counsel, employees, and lawful spouses. Employee includes: Full Time, Part Time, Volunteers, Seasonal, Leased, Temporary Workers and Independent Contractors

  • Retentions as low as $0 for individuals and $500 for organization

  • Defense Costs outside the indemnity limit of Liability

  • Duty to Defend

  • Full Prior Acts Coverage

  • Punitive damages, where insurable

  • Extended Reporting Periods options of 12, 24, & 36 months

  • 36-month automatic Extended Reporting Period for former directors and officers for wrongful employment acts

  • Outside Directorship Liability for nonprofits

  • Third Party Liability

  • Separate Limits of Liability for each coverage

Optional Coverage Enhancements:

  • Priority of Payments

  • Wage & Hour (FLSA) costs of defense sub-limit

  • Antitrust, Broadcasting & Publishing and Intellectual Property sub-limit

  • Illegal Alien Investigative Proceeding sub-limit

  • Excess benefit transaction coverage

  • Domestic Partner Coverage

  • Waiver of Deductible if no liability

  • Donation Assurance

  • Kidnap Expense

  • Identity Theft Expense

  • Business Travel Accidental Death Benefit

  • Crisis Management Expense

  • Emergency Real Estate Consulting Fee

  • Key Executive Replacement Expense

  • Privacy Violation Coverage

  • Temporary Meeting Space

  • Terrorism Travel Expense

  • Workplace Violence Counseling