Nonprofit Directors and Officers and Employment Practices Liability

Offered by Osprey Underwriters

D&O D & O Liability EPL Non Profit EPL Non Profit D&O EPLI Nonprofits Nonprofit Organizations

Description

As a director or officer of a non profit organization, are you immune from liability?

  • Immunity does not prevent an organization from being sued
  • Immunity typically applies to volunteers, not to paid employees or the organization itself
  • Employment-related laws are the same for any type of organization
  • Over 90% of the claims against nonprofit organizers are employment practices-related
  • These employment practices claims may include wrong termination, third-party sexual harassment, and third-party discrimination
  • Nearly 85% of nonprofits have an annual budget that is less than the average cost to defend a claim closed by litigation

Coverage Features

  • Separate limits of liability for D&O and EPL claims (D&O Limit not eroded by employment claims)
  • Defense outside the limit of liability on all claims
  • Punitive damages, where insurable by law, included automatically in most states
  • Third-party sexual harassment and third-party discrimination coverage
  • Lifetime occurrence reporting provision (Occurrence feature for former D&Os)
  • Coverage for both monetary and non-monetary claims
  • Coverage for outside directorship liability
  • Risk management services
  • Fair Labor standards Act (FLSA) $100,000 sublimit for defense and settlement (available in most states)
  • Optional Standard Form option; combined D&O and EPL limit, defense inside the limit, excludes helpline and FLSA

Details

Has Pen

Carrier Information

Admitted

Listing Contact

Osprey Underwriters

Offered By

Osprey Underwriters

20 listings in 50 states + DC

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Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

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