Directors and Officers (D&O) are legally responsible for the day-to-day decision-making of their organization. Corporate responsibility applies to Non Profits just as it does to For Profit organizations. Whether publicly traded, privately held, or non profit, Directors and Officers can be held personally liable for any breach of duty. Our product is tailored to safeguard against the exposures Nonprofit Directors and Officers face.
A board member’s personal assets may be at stake in a claim: Retirement savings, investments, a home – even one held in a spouse’s name – could be at risk. Our Non Profit Directors and Officers Insurance can protect an individual director or officer’s personal possessions against high-priced litigation and settlements.
Directors and Officers (D&O)
This coverage was created to protect nonprofit organizations and their board members against claims not covered under the organization’s general liability policy. Examples of such claims include alleged misuse of funds, failure to supervise an executive director, and breach of fiduciary duty.
Employment Practices Liability (EPLI)
This coverage protects against claims made by or on behalf of employees for a wrongful employment act, including allegations of wrongful termination or treatment, discrimination or harassment. Learn more ›
Accident insurance designed for organizations with volunteer exposure. Protects volunteers without exposing the organization’s General Liability or Workers Compensation policies to additional claims. This is an important benefit program which shows your volunteers that you care while providing an alternative to traditional coverage options.
- Accidental Dismemberment
- Excess Accident Medical Expense
- Weekly Accident Indemnity (WAI) Benefit
- AD&D Coverage Enhancement – Also available for D&O Policies
For-Profit Program Highlights
- Directors and Officers Coverage
- Employment Practices Coverage
- Third Party Coverage (optional)
- Punitive Damage Coverage (if insurable)
- Prior Acts Coverage
Use the following Application for For-Profit organizations.
For Profit Directors & Officers Application
Non-Profit Program Highlights
Our D&O/EPLI products offer broad coverage for Directors and Officers and expansive Employment Practices Liability protection. These products include the availability of risk management tools to reduce the risk of a claim.
- Broadest definition of “Insured”
- Broadest employment practices liability coverage
- Non-employment discrimination coverage
- Broadest definition of “Wrongful Act”
- Unique retention waivers
- Most Recently Audited Financials
- List of the Board of Directors
- 5 Years D&O / EPLI Loss Runs
- IRS Form 5500 – if requesting fiduciary coverage
Commonly asked questions about D&O and EPLI:
Can D&O be written on a monoline basis?
YES. We can write D&O as a single policy or as a support for our package accounts. These policies also include Employment Practices Liability which protects against claims related to discrimination, wrongful termination, and sexual harassment. Fiduciary Liability is also available at an additional cost to provided protection to individuals handling the organizations pension plans.
What classes of business are eligible for D&O / EPLI coverage?
We are able to write most classes of business. Please feel free to contact us for eligibility or fill out a short application through our website: Directors and Officers Products
We offer competitive D&O / EPLI quotes with a quick turnaround time. Coverages can be written with a package policy or as a stand-alone policy. For more information, please call ISA toll free at 800.622.8272.