Every year, thousands of lawsuits are launched against senior people in business and the nonprofit sector – the very people you’re counting on to complete your mission.
These actions can be outrageous, expensive and certainly disruptive to your operation and damaging to your reputation. Even if allegations are not well-founded, the impact on your business can be devastating.
Proper D&O insurance protection of your board of directors requires 3 important elements:
Throughout Pennsylvania and beyond, Nonprofit Insurance Program is the name scores of organizations trust to provide them with the D&O protection they need, with the finest insurers at the best prices in the marketplace.
Without this, your senior officers are exposed to potential ruin if they’re sued for their actions (or failure to act) in the performance of their duties for your organization.
For example, they may face allegations of harassment and discrimination, which accounts for more than half of D&O lawsuits, or be landed with a fiduciary liability complaint.
You’ll naturally always be concerned about the risk of such actions, but when you’ve obtained the best possible D&O insurance coverage with the help of the experts at Nonprofit Insurance Program, you’ll limit or eliminate the damage. In addition, you’ll gain significant benefits. For example:
Frankly, if you don’t have this kind of protection in place, or if your coverage is not adequate for your true needs, you need to act fast.
Director and Officers is known as D&O, Liability Insurance, Board Insurance, Board Liability Insurance, Professional Liability Insurance, Management Liability Insurance, Errors & Omissions Liability Insurance, Non Profit Professional Liability Insurance.