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Trustees Indemnity – For charities looking to protect their Trustees and the charity itself
“94% of Trustees say that they do not have the skills they need to carry out their job”. (Government Hub 2006 survey)
The Trustees of a charity take unlimited personal liability for their actions in managing the charity's affairs. Furthermore the directors and officers of the charity, or even employees who have managerial responsibility can be held personally accountable for their actions.
Other matters such as employment regulation, tax disputes and breach of professional duty can have an impact on the charity and its executives. Whilst our employment and health & safety offering can help with some of these matters you need to consider Trustees Indemnity cover. Even charities are vulnerable to fraudsters, who often consider as easy targets. Sometimes employees also may be tempted to steal from the charity: Benefits of Trustees Indemnity from 1 Stop Insurance - High cover level at up to £1,000,000
- Wide Charity definition
- Legal expenses cover at up to £100,000 covering
- Loss of reputation cover for public relation expenses
- Very low cost
Immediate "Quote & Buy" facilities are available for Event Insurance & Financial Indemnity covers. Click the links below. Event Insurance Financial Indemnity A charity's reputation is paramount and, where that reputation is damaged through adverse publicity, funding may cease or volunteers reduce. Without being able to provide a response to allegations the charity may potentially be disadvantaged.
Our simple, specially designed package not only covers Trustees Indemnity but also Legal Expenses and Loss of Reputation as standard with options to include Professional Indemnity and Fidelity guarantee
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