Directors and Officers Insurance for Counseling and Psychology Nonprofit Organizations
Directors and Officers Insurance is a vital not-for-profit insurance policy.
D&O Insurance can pay for lawsuits against your directors, officers, and other board members when someone claims your NPO…
- Terminated an employee wrongfully.
- Harassed an employee.
- Used funds inappropriately.
If a wrongful termination lawsuit targets your board, your board may have to pay for its own legal defense if you don’t have D&O coverage.
Having a good relationship with your board is important for the sustenance and growth of any nonprofit. Your board of directors is your connection to the community, investment, and fundraising. Having strong Directors and Officers Insurance not only protects your business, but it can also help you recruit new members to your organization as they’ll know they’ll be covered from common lawsuits against them.