Overview
Many professionals affiliated with non-profits don’t realize how many non-profit groups are hit by lawsuits. Whether there are grounds or not, defending yourself against the accusation of a wrongful act can cost your Junior League money. Lawsuits often name board members, employees, volunteers, or even AJLI itself.
If you’re named in a lawsuit, you may be personally responsible for the litigation cost or the settlement itself. Even a successful defense can be expensive. With the AJLI Directors and Officers Liability Plan, you can arm yourself against the potentially devastating effects a lawsuit can have on not only your organization’s assets, but your personal assets as well. The Plan provides comprehensive coverage for the following:
- Defense costs: your claim will be defended even if allegations are groundless, false or fraudulent.
- Libel and slander: you’re covered for claims which may arise from publications and/or presentations that are made on behalf of AJLI.
Employee-related lawsuits: you’re protected if an employee files a claim for wrongful termination or discrimination.
How to Apply
For more information on this plan, please call 1-877-451-4003 option 2.
Contact Information
We’re here to help! Please contact us in whatever manner is most convenient for you.
Address
AMBA
4050 114th Street
Urbandale, Iowa 50322
Phone
Hours
Monday - Friday 8:00 AM - 4:00 PM CT
Frequently Asked Questions
Who is protected under this policy?
Past, present or future Directors; Trustees; Officers; Board Members; Paid, Leased,Temporary Employees; Volunteers or Staff Members of the Organization; the Club.
What is the available coverage?
- $1,000,000 per claim with Blanket Annual Aggregate of $10,000,000 with $1,000 retention
- Policy includes Employment Practices Liability included in the above policy limits
- $20,000 sublimit coverage for claims alleging misuse of membership dues where membership is mandatory
What are some of the policy features?
- Defense costs are outside the policy limits
- Duty to Defend coverage
- First Dollar Defense coverage
- Entity coverage
- Outside Director coverage on other non-profit boards
- Punitive Damages, where allowed by law
- Discrimination and violations of the ADA act
What are some of the benefits of a Blanket D&O policy?
- Minimum premium is as low as $350 and maximum of $650
- Receive all the benefits of a Comprehensive D&O policy without the high premium
- Easy to complete application
- Coverage is guaranteed
What are some of the standard exclusions?
- No coverage for dishonest, fraudulent,criminal or malicious acts or omissions
- No coverage for claims relating to bodily injury, sickness, disease or death
- No coverage for injury to or destruction of property
- For losses covered under other valid policies for which notice of claim has been given
- Pollution
How do I apply?
Complete the attached application and send the completed application, along with your check payable to AMBA to:
AMBA
P.O Box 850222
Minneapolis, MN 55485-0222