Directors and Officers Liability

Not-For-Profit organizations face an ever-increasing number of exposures. Entities and their board members are at risk of lawsuits from regulatory proceedings, whistleblowers actions, and civil suits alleging organizational mismanagement, misuse of assets, fraud, donor disputes, employment practices liability and employee benefit disputes.  

Coverage highlights include:

• Duty to Defend policy wording
• Defense outside the limit
• Non-Rescindable and Non-Cancellable policies
• No consent to settle provision
• Unlimited extension for claim reporting endorsement
• EPLI includes claims by non-employee third parties
• $100,000 FLSA defense sublimit (available in most jurisdictions)