Tuesday, 1 September 2015

Insurance Online : Protection for Non-Profit Service: Non-Profit D&O

Serving on the board of a non-profit entity brings exposures, and as a Director of a non-profit you should ensure that the non-profit you are associated with has Directors and Officers (D&O) insurance for protection (see prior posts here, here & here). Directors and Officers (D&O) insurance protects against legal judgments and related expenses resulting from allegations of wrongful acts committed by individuals in their capacity as directors and officers. Most D&O insurance policies for non-profits include a coverage called employment practices liability insurance, which protects the non-profit and its employees from legal judgments and related expenses resulting from allegations of wrongful acts committed in the employment realm. A recent article (see here) describes the importance of D&O insurance, including...

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