Directors and Officers
Directors and Officers is a crucial coverage for organizations to adequately protect its board members. Without this coverage or some form of indemnification to pay out on claims, the assets of the board members may be at stake as the decisions made by the board are the board’s personal financial responsibility. We at Rust write many national organizations with national membership/individual associated groups and there is a common misconception that the Headquarters D&O protects them. It does not. Each Chapter would need its own.
• Click here to download and fill out the application. Very short.
• Alternative to the application, if you have your 990 that you can send me, we can quote without the application
• Please included your annual revenues
• Cost for this should be somewhere around $300-$500 annually for $1m in coverage