Directors and Officers (D&O)
Liability Insurance

Provides coverage for "intentional" actions taken by a board of directors that someone else thinks are wrong. The policy will cover individual directors and officers, as well as any other individuals designated in the contract. It is not possible to purchase insurance for illegal acts.

Deliberate dishonest acts by the directors and officers are excluded.

Most policies are written on a claims made basis. The policy will provide coverage to you for claims made during the term of your policy, as long as they are reported during the term of that policy. If you terminate your coverage for any reason, you are not covered if suit is later brought for something done during the term of the policy.

Various limits of liability are available. A typical limit would be $1 Million. The expense of defending a claim may or may not be included in that limit. Most policies have a deductible or retention limit.

To receive a quote for your organization, please click here to complete and submit the information request form. The application for Directors and Officers insurance will be mailed to you.

In addition, the following items will be required to obtain a quote:

• bylaws
• First page of your organizations 501C-3 letter
• Descriptive brochures
• Audited Financials or latest tax form 990