Victor's Non-Profit Management Liability policy provides six coverage parts in a streamlined format:
Directors & officers liability
Directors & officers liability insurance protects directors, officers, and the entity from claims made against them while serving on a board of directors and/or as an officer for a non-profit organization. Claims can include breach of trust, breach of duty, breach of bylaws and much more.
Employment practices liability
Employment Practices Liability protects employees, volunteers, committee members, trustees and the entity from wrongful acts that arise from the employment process. The most frequent types of claims covered under such policies include wrongful termination, discrimination, sexual harassment, and retaliation.
Fiduciary liability
Fiduciary Liability protects non-profit organizations and the employees that makes decisions about a company's retirement plan, investment options, employee benefits plan and other fiduciary responsibilities from claims arising out of improper investments, insufficient funding, or breach of fiduciary duties.
Crime
Crime coverage protects non-profit organizations from criminal activity including employee theft, forgery and alteration, inside the premises loss, counterfeit money, computer crime, funds transfer fraud, the use of company computers to fraudulently transfer funds and much more.
Employed lawyers liability
Employed Lawyers Liability provides coverage for the acts of attorneys who work for corporations when acting in a licensed attorney capacity.
Kidnap & ransom
Kidnap, ransom and extortion coverage provides protection and guidance for directors, officers, and employees involved in kidnappings, extortion, detention, hijack, ransom, transit, etc. Coverage includes reimbursment for costs associated with the event, ransom costs, crisis response fees, and access to a leading crisis response firm to assist policyholders, should an event occur.
