Trustees and Officers Liability Coverage

Offered by United Educators

Board Members Private Schools Directors Education Colleges Educational Institutions University Independent Schools Trustees And Officers Schools

Description

School Trustees and Officers liability coverage, sometimes known as Directors and Officers (D&O) coverage, is included with United Educators' (UE) Educators Legal Liability (ELL) policy.

UE's ELL policy treats directors, trustees, and officers of educational institutions as a separate category of individual insureds, with unique rights and protections.

These include:
  • Defense and indemnity (damages) for errors and omissions (wrongful acts). UE's policy defines “wrongful acts” to include actual and alleged wrongs. Wrongful acts include acts performed in the discharge of duties to the educational institution or its affiliates, or on their behalf.
  • An order of payments provision so that, if policy limits are insufficient to cover a loss, trustee obligations are paid before those of the institution.
  • Coverage for trustees' spouses, domestic partners, and estates (for the acts of the trustees).
  • Severability: Statements or knowledge of other trustees or officers are not imputed to individual trustees in determining availability of coverage.
  • Non-rescindable: Under UE's policy, coverage for trustees cannot be rescinded for any reason.
  • Blanket coverage for serving on other 501(c)3 nonprofit boards on the institution's behalf, in excess of any indemnity or coverage provided by the other organization.
  • No policy securities or shareholder exclusions, often an important consideration for trustees. (The equivalent of side A coverage.)
  • Discrimination and student-related issues, including coverage that is sometimes referred to as employment practices liability (EPLI).
  • Coverage after leaving the board if the claim is made during the policy period and the institution is still insured by UE.

Listing Contacts

Evan Jones Director of Business Development

+1 more contact

Offered By

United Educators

6 listings in 50 states + DC

View Company

Downloadable Files

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

Share This Listing

Contact This Company

Related Listings