Nonprofit Organization and Executive Liability
A wall of coverage to stand between your nonprofit organization and costly litigation.
Nonprofit organizations cannot escape today’s litigious environment simply by virtue of their tax-exempt status. More nonprofits than ever are being challenged in court. Will yours be next?
RLI’s comprehensive coverage includes:
- Broad definition of insured — including volunteers
- Penalties assessed under HIPPA are automatically covered up to $25,000
- Wrongful acts include wrongful employment acts — including wrongful termination, discrimination, harassment, and retaliation
- Noncancellable by the insurer, except for nonpayment of premium
Our target market includes:
- Most 501(c)(3) and 501(c)(4) nonprofit organizations
- Most nonprofit colleges and universities
Our target market generally DOES NOT include:
- Nursing homes
- Country clubs
- Childcare centers
- Condo or homeowners associations
- Social clubs
- Educational institutions for children under the age of 18 years
RLI EPG products feature:
- Available in excess coverage (Pure follow-form coverage sits over all coverages.)
- Automatic merger and acquisition and automatic run-off coverages
- Broad punitive damage and spousal liability coverages
- Zero retention for investigative costs coverage for favorably resolved claims
- A three-year discovery quote guaranteed
- Investigations are included in the definition of claim
- “Pay on behalf of” language
- Claim notice ”as soon as practicable”
- Non-cancellability (except for non-payment of premium)
- Worldwide coverage
- Crime/KRE: Only to insureds who also purchase other EPG coverages — one or a combination of D&O, fiduciary and EPL.
RLI offers limits of up to $25 million on all our product lines. RLI is rated “A+” (Superior) by A.M. Best, “A+” by Standard & Poor’s, and has appeared in the Ward’s 50, a respected benchmark group of the insurance industry’s top performing companies, every year of the list’s existence.
