Why Buy This Product

Directors and officers of non-profit organizations carry significant risk to their personal assets in the event of the organization's bankruptcy or insolvency. These organizations along with their directors, officers, employees and volunteers may be the subject of numerous other types of claims that can incur significant defence costs over several years. It is important to remember that a lawsuit doesn't need to have merit to have a financial impact.  

A broad policy form that encompasses liability coverage for directors and officers (D&0), employment practices (EPL) fiduciary and outside directorship (ODL)is a core component of non-profit organization's risk management program. It can protect the organization and individuals against a variety of tortious allegations from generat negligence to misrepresentation defamation, wrongtur termination, discrimination, harassment, non disclosure, as well as statutory liabilities under human rights, enviromental, and occupational health and sately legislation, for example.

Visit our website www.victorinsurance.ca for current claims examples and detailed loss statistics.