Walterry Insurance: Nonprofit Association Professional Liability Directors & Officers (D&O) insurance provides protection against a variety of claims alleging mismanagement within your association. The most common types of 'wrongful acts' covered by a D&O policy include employment practices claims such as wrongful termination, sexual harassment and discrimination. These claims account for more than 80% of all lawsuits filed against nonprofits. Mismanagement of funds and other negligent acts are also covered by D&O insurance. For complete flexibility in coverages and premiums we offer three different policies. A comparison is below:   Indemnity Defense First Defense Plus Employment Practices Liability yes yes yes Defense Costs Inside Limit Inside Limit Outside Limit Duty to Defend no yes yes Defense Cost Payment Reimburse Pay on Behalf Pay on Behalf Retention Applies to Defense Costs yes yes no Insured vs. Insured yes yes yes Coverage for EEOC Charges yes yes yes Antitrust Coverage yes no yes Publications coverage for newsletter or other material printed for members yes yes yes Worldwide territory yes yes yes Outside Directorship Coverage yes no yes Prior Acts Coverage yes yes yes Choice of Defense Counsel Insured Westport Westport [ Return to Previous Page ] Copyright © 2005 Walterry Insurance Brokers [ Forms ] [ Contact Us ] [ Privacy Policy ] [ Home ]