What Does Nonprofit Directors and of Officers Liability Insurance Mean?
What does Nonprofit Directors and of Officers Liability Insurance mean? Read on to discover the definition & meaning of the term Nonprofit Directors and of Officers Liability Insurance - to help you better understand the language used in insurance policies.
Nonprofit Directors and of Officers Liability Insurance
Errors and omissions (E&O) liability insurance covering the directors and officers of nonprofit organizations. Such policies, while resembling the directors and officers (D&O) forms covering for-profit firms, generally offer broader protection by providing entity coverage, employment practices liability insurance (EPLI), and substantially lower retention levels.
We hope the you have a better understanding of the meaning of Nonprofit Directors and of Officers Liability Insurance.
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