Non-Profit Directors & Officers Liability

D&O liability insurance protects individual directors and officers from personal losses if they are sued for alleged wrongful acts while managing the nonprofit organization. This insurance also protects the entity or nonprofit itself, covering legal fees, settlements, and other costs associated with defending against such claims. This coverage ensures that the personal assets of directors and officers are protected against claims that arise from decisions and actions made within the scope of their regular duties.

Directors and officers’ liability insurance is a versatile policy type that caters to a wide range of organizations. From for-profit businesses and privately held firms to not-for-profit organizations and educational institutions, the spectrum of entities that can benefit from D&O insurance is broad.