Trustee and Management Liability insurance

Given that trustees are only human, there is always the chance that they can make mistakes.

For the charity to meet any losses and legal costs, we offer trustee and management liability insurance cover. This protects the individual trustee and organisation against liability arising from a wrongful act by a trustee.

Our Trustee and Management Liability section covers the personal trustee liability and liability of officers, employees, or voluntary workers arising from errors or omissions they make in the management and administration of the organisation.

A range of limits of indemnity is available from £250,000 to £5,000,000 in any one period of insurance.

• An indemnity to trustees whilst acting as a trustee of another not-for-profit entity at the request of the insured organisation.
• Up to £50,000 in any one period of insurance for lost or damaged documents, inclusive of all legal costs and expenses.
• Up to six years of protection for retired trustees, directors, officers, or members of the management committee.
• Cover for reasonable costs (with our prior consent) to employ a marketing and/or public relations firm to help minimise the risk of damage to your reputation following an incident which could result in adverse publicity.

Cover is on a ‘claims made’ basis, which means it covers claims made against you – and notified to us – during the period of insurance.