Directors & Officers Insurance for Charter & Private Schools
Organizations of all sizes across all industries, including public and private companies and non-profits, are vulnerable to directors and officers liability claims. A lawsuit can stem from various sources alleging wrongdoing or misconduct, which why is Directors & Officers (D&O) insurance is so important to protect a school’s directors, trustees, and board members.
Our D&O Insurance Coverage
Care Providers offers D&O insurance for charter and private schools to cover legal fees, settlement, and damages. What’s more, there are multiple types of policies available, each responding to a different need:
- Side A coverage insures individual directors and officers to protect their personal assets
- Side B coverage reimburses the organization for costs incurred when the organization indemnifies directors and officers in a claim
- Side C coverage protects the organization itself when it is named as a defendant in a claim
Our staff will review the options available with you to determine what is best for your insureds.
Learn More About Our Insurance Program for Charter & Private Schools
We invite you to learn more about our program for charter and private schools and how we can assist you in expanding your agency’s book of business. Contact us today for more information about our program.
Type of D&O Lawsuits
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Shareholders suits for dishonesty or fraud, incorrect and misleading financial reporting, breach of fiduciary responsibility, or gross negligence
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Employees claims of wrongful termination
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Creditor suits for misrepresentation and/or actions that leave them unpaid
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Government agency suits for federal or state law violations when board members could or should have prevented these violations