Management Liability

Specifications:

Contact:
Andrew Kinner
301-951-6922
Andrew.C.Kinner@Schinnerer.com

• Directors & Officers Liability
• Employment Practices Liability
• Fiduciary Liability

Minimum premium: $650

Limits: $250,000 - minimum; $5 million - maximum

Target Risks: Non-profit organizations including trade and professional associations, charities, foundations, museums, chambers of commerce, agricultural co-ops, social services with overnight facilities, quasi-governmental organizations, senior care organizations and many more classes.  

Risks not writing: Hospitals, hospices, HMOs, PPOs, unions and churches.

Availability: In all states and the District of Columbia*
*Admitted filing is pending in VT.

• Shared and separate limit options
• Defense coverage for wage and hour claims
• No D&O hammer clause
• Softened EPL hammer clause (70/30)
• Two year policy terms available
• Defense outside the limits
• Broad definition of subsidiaries includes 501c(3) - (10); 501c(19); 501d; 509a(1) - (3)
• EPL coverage automatically extended to contract employees
• Arbitration and mediation incentive for D&O coverage
• First dollar defense for claims that are D&O only

Policy highlights in a printer-friendly format.