Trustee Liability insurance
01 October 2018
Being a trustee for a charity is an important role. There are numerous areas of regulation and law that trustees have to comply with and these can be demanding at times.
Specialist trustee liability insurance
Our Trustee Insurance covers the personal trustee liability and liability of officers, employees or voluntary workers arising from errors or omissions they make in the management and administration of the organisation.
A range of limits of indemnity are available from £250,000 to £2,000,000 in any one period of insurance. Higher limits are also available
- An indemnity to trustees whilst acting as a trustee of another not-for-profit entity at the request of the insured organisation.
- Up to £50,000 in any one period of insurance for lost or damaged documents, inclusive of all legal costs and expenses.
- Up to six years protection for retired trustees, directors, officers or member of the management committee.
- Cover for reasonable costs (with our prior consent) to employ a marketing and/or public relations firm to help minimise the risk of damage to your reputation following an incident which could result in adverse publicity. Limit of £25,000 for any one incident and in any one period of insurance.