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 OrganizationsDescription
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
Availability 50 states + DC
Alabama
Alaska
Arizona
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District of Columbia
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Covered
Not Covered
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