Securing Directors and Officers During the Giving Season

// December 5, 2019
Reading Time: 2 minutes

’Tis the season of joy, family, giving back and helping others. It is the time of year when people open their hearts to assist others in need. Anyone looking for a way to help won’t need to look too far, as there are over 150 million nonprofits in the U.S. that focus on helping others every day. Nonprofit operations can vary greatly: There are charities, foundations, community support associations, educational services, churches, clinics…the list goes on and on.

Nonprofits are wonderful organizations that do a lot of good in the world and are comprised of passionate and driven individuals who work hard for their causes. As important as a nonprofit’s mission is, it’s equally important that it is protected appropriately so it can keep its doors open. It’s no secret that things can go wrong, even when everyone’s focus is on helping others.

Nonprofit boards shouldn’t have to worry about jeopardizing their organization’s financial stability or their own personal assets because of a lawsuit. An easy way to resolve this worry is by purchasing directors and officers (D&O) coverage.

The duty of nonprofit board members is to act for the benefit of their organization in all areas; any perceived breach of those duties can result in a lawsuit. Along with mismanagement, nonprofits can be sued for many other reasons, including discrimination, harassment and wrongful termination. USLI’s Nonprofit D&O product is tailored to safeguard against the exposures nonprofit directors and officers face — and provide peace of mind should the unthinkable happen.

Don’t wait till the New Year— start protecting nonprofits today!

Some highlights of our Nonprofit D&O product are:

  • Competitive pricing (as low as $475 for a $1 million D&O limit for certain classes and states)
  • Employment practices liability coverage offered on all quotes
  • Lifetime Occurrence Reporting Provision
  • $1 million additional Side A coverage
  • Fair Labor Standards Act (FLSA) defense and indemnity in most jurisdictions
  • Third-party discrimination and harassment coverage
  • Full prior acts coverage

Please contact USLI by phone, email or web, or contact your Nonprofit Package underwriter for a quote today!


As always, thank you for your support and business.

Contact Chris Deveney
Product Leader | 888-523-5545 Ext. 2756

Written by Lindsay DeLuca
December 5, 2019