Committed trustees make a tangible difference to their charities and oraganisations by ensuring that they are run properly and funds are used in the correct way. It is important to recognize that even trustees of small charities could come unstuck should they not have adequate trustee indemnity insurance in place.
When might you need trustee indemnity insurance?
Claims can arise from a number of different scenarios, whether it’s an error on a seemingly small decision or a misleading statement issued by a trustee, whatever the cause, you need to protect yourself.
What can trustee indemnity insurance include?
- Corporate liability to cover claims which are bought against the entity
- Employment Practices Liability to protect against allegations of discrimination, harassment, defamation and unfair dismal by employees
- Fidelity Guarantee to cover loss of money by dishonest or fraudulent means by an employee
Our commercial team can explain the risks you face without trustee indemnity insurance and help you to get the cover you need so that you and your organisation can continue to operate smoothly. Call us on 01708 850 000 for a quote or email firstname.lastname@example.org.