Directors and Officers Liability
This policy is a solution for small to medium sized religious organizations that desire economical Directors & Officers Liability coverage.
- Specifically designed for Religious organizations
- True entity coverage
- Spousal coverage
- Coverage for defense costs for any actual or alleged breach of contract agreements, except breach of employment contract claims - $25,000
- Broad definition of claim includes written demand for monetary and non monetary relief, arbitration and administrative proceedings, as well as civil and criminal actions
- Punitive, multiple and exemplary damages coverage
- Modified hammer clause (50/50)
- Worldwide coverage territory
- Defense for Americans with Disabilities Act claims
- Primary limits up to $5,000,000 with excess limits available
