Pullen Insurance Services

What is Director & Officers Liability

Directors and Officers (D&O) liability insurance products, also known as Non-Profit Liability, protects the non-profit sports  entity’s board members, employees, and volunteers from losses due to allegations of management errors, omissions, and wrongful acts.  Coverage for these types of claims are typically not afforded coverage under a Commercial General Liability policy your organization may have purchased .  Example of potential D&O claims include allegations of discrimination, wrongful dismissal, acts beyond granted authority, and wrongful employment related practices.

Why Should You Consider Buying D&O Liability Insurance?

Board members of non-profit sports organizations are generally volunteers that donate their time to serve the organization.  Their individual homeowner’s policy will not afford protection for D&O type claims.  In addition, many state and federal immunity laws for directors and officers of non-profit organizations provide inadequate protection.

Pullen Insurance Services offers many competitive D&O policies to fit the unique needs of non-profit sports organizations.  Feel free to contact us today to obtain a no obligation quote that is customized to your organization’s specific needs.

Get a Directors and Officers Insurance Quote

Please complete the form below to obtain an insurance quote from Pullen Insurance Services. A member of our team will contact you shortly.

	Name of Organization:
	Address:
	City:
	State:
	Zip:
	Website Address:
	Contact Name:
	Contact Phone:
	Contact Email:

1.	Does the organization have a tax exempt status with the IRS?	Yes No N/A
2.	Has the organization been in operations for fewer than 12 months?	Yes No N/A

3.	What are the organization’s total assets?
4.	What is the organization’s annual salary / wage expense for employees?

5.

Have there been during the last five years, or are there now pending, any civil, criminal, administrative or arbitration proceedings brought against the Organization, or any person proposed for this insurance in their capacity as either Director, Officer, Trustee, employee, volunteer, or staff member of the Organization?

Yes No N/A

 

If yes, please give a brief summary of the event(s):

6.

Is the organization or any proposed Insured aware of any fact, circumstance or situation involving the Organization or its Subsidiaries or any proposed Insured which he or she has reason to believe might result in a future Claim?

Yes No N/A

 

If yes, please give a brief summary of the situation(s):

7.

Does the organization currently have Directors & Officers (D&O) Insurance?

Yes No N/A

	If so:
	a)	When does your current policy expire?
	b)	What is the name of the insurance carrier currently providing D&O coverage?
	c)	What is your expiring D&O premium?