Nonprofit Directors & Officers Liability (Canada)

With over a decade of experience and exceptional service, ELD Canada proudly offers Non-Profit Liability Insurance protection for Non-Profit Organizations.

The directors and officers of Non-Profit Organizations are ultimately responsible for the organization’s dealings, and thus may be held personally liable for their actions or inactions. These individuals owe three basic duties to the Non-Profit Organization: duty of care, duty of obedience, and duty of loyalty. Potential claims arise from the breach of any of these duties. Non-Profit Organizations and their directors and officers may also face a variety of employment practices claims, such as wrongful termination, harassment, discrimination, misrepresentation, the failure to employ or promote employees and other such allegations.

Benefits provided by the protection of ELD Canada Non-Profit D&O Coverage include, but are not limited to:

• Directors’ and Officers’ Liability Insurance for Non-Profit Organizations
• First Dollar Defense—Costs of Defense do not apply to the retention
• Full Entity Coverage with Employment Practices Liability—includes the organization itself and its Non-Profit subsidiaries
• Broad Definition of Insured Person—includes all Past, Present and Future
• Directors, Officers, Trustees and Employees, as well as Volunteers and Committee Members
• Defense Costs are in addition to the Limit of Liability
• Duty to Defend Coverage—We have contracted with a group of experienced D&O attorneys, located throughout the country, to defend our Insureds in the event of a D&O claim. In doing so, we spare our Insureds the responsibility and hassle of hiring attorneys and managing the litigation process
• Broad Definition of a Claim—includes written demands and administrative proceedings
• No Individual Insured vs. Insured Exclusion
• Notice of Claim–as soon as practicable
• Automatic Non-Profit Subsidiary Coverage
• Two Year Policies
• Financial Statements waived on many risks
• 24-hour turnaround