Directors & Officers liability insurance, broadly defined, covers legal costs, judgments and settlements resulting from suits and other legal proceedings brought against the entity′s Board of Directors, Officers or the insured entity itself for allegations of wrongful acts, errors, and omissions.
Covered claims can result from exposures such as discrimination against a player, coach or other constituent; wrongful termination of an official, coach, volunteer or referee; mismanagement of funds; or, negligence involving decisions that affect participants, coaches, officials and others.
Directors & Officers liability insurance can be thought of as malpractice insurance for the organization and those who manage the league or team.
View our complete benefit summary for additional information.
This coverage, brought to you by the American Specialty Sports & Entertainment Purchasing Group, is only available to non-profit organizations affiliated with sports and recreation organizations. Also, the annual revenue of the organization must be less than $1,000,000.
If your organization has revenues that exceed $1,000,000, please contact ESIX at 800-342-4371 to discuss your coverage options.
Premium is non-refundable under any circumstance.
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