Management Liability: Association D&O

This coverage includes claims for “Wrongful Acts” including: An error, misstatement, omission, breach of duty; discrimination, wrongful termination or harassment in employment; legal fees incurred in response to a privacy loss; regulatory action investigation, fines to the chapter resulting from regulatory action; notification costs, credit monitoring & identity restoration services; cost to engage security expert to identify how information was accessed.

Additional coverage includes Breach of Privacy and Security and Limited Cyber Liability.

For an assessment of your current policies to explore potential gaps in your coverages, CSI recommends an insurance audit available to all CSI chapters and regions via The Haney Company. Their basic fee for an insurance review is $100. An audit is not required to procure this policy.

*This policy is not available to chapters or regions located in California who do not already carry this policy. Chapters or regions located in California, please contact the Haney company directly for custom policy information.

Term
10/01/2023 to 10/01/2024

Limit
$1,000,000 Aggregate Limit per Chapter

Cost
$1,000 deductible per claim; $600 premium per chapter + $45 administration fee

Provider
Great American Insurance Company

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Program Outline

Renewal Application

Enrollment Application

Who's Covered?

The insured chapter and the directors, officers, trustees, employees, volunteers, staff members and committee members of the insured chapter.

What's Covered?

Claims for “Wrongful Acts” committed by the insured, wrongful termination of an employee, breach of privacy and security, and limited cyber liability ($100,000 limit per chapter); Legal fees incurred in response to a privacy loss: Regulatory Action Investigation, Fines to the chapter resulting from regulatory action Notification Costs, Credit monitoring & Identity restoration services, cost to engage security expert to identify how information was accessed.

What's a "Wrongful Act"?

An error, misstatement, omission, breach of duty; discrimination, wrongful termination or harassment in employment.