Faced with a tough economic climate and even tougher budget decisions, it is imperative that not-for-profits are adequately covered for claims arising out of their day-to-day operations. Tailored specifically for these types of businesses, this package policy is led with directors and officers cover and allows policyholders to pick and choose from a range of other important covers. Key features include:
DIRECTORS AND OFFICERS COVER
We offer expansive directors and officers cover, including cover for trustees sitting on the board of an outside entity and investigation costs relating to claims brought against you.
EMPLOYMENT PRACTICES LIABILITY
Our policy provides broad cover for the entity, directors and officers, management personnel, and employees for claims made by employees - including full-time staff, consultants, and volunteers - alleging wrongful acts arising from the employment process.
BENEFIT PLAN LIABILITY
We cover a wide range of costs involved with benefit disputes including investigation costs, pension overpayments, and exoneration costs.
CYBER AND PRIVACY COVER
Our cyber and privacy cover protects you against a variety of cyber-attacks and data loss scenarios. The cover includes loss or breach of data held in the cloud and hack attacks on third parties emanating from your computer systems.
WIDE CRIME COVER
Our crime cover protects against cyber crime such as cyber threats and extortion, phishing scams, telephone hacking, electronic identity theft and fraudulent online money transfers, as well as traditional employee crime involving the misappropriation of company assets.
KIDNAP, RANSOM AND EXTORTION COVER
Our policy provides cover for kidnap and ransom, including the reimbursement of a ransom and the payment of costs associated with kidnap, such as security consultancy costs, bodily injury, legal liability and emergency evacuation.
FULLY BLENDED POLICY
We’ve knit together multiple lines of cover into one, simple, fully blended policy. Other coverages include professional indemnity, products liability, employers’ liability, property cover, business interruption, and importantly, brand and reputation protection.