Boardwalk Insurance Group | Auto, Home, Commercial, Life and Health Insurance for Residents and Companies in the United States

CAT | Directors and Officers Liability Insurance

Youth Sports Organizations and Little League Teams Should Carry an Insurance Policy 4.25/5 (85.00%) 4 votes

As much fun as they are to watch, sports can be dangerous activities.  There is always the potential for bodily injury in nearly every sport.  Insurance is also needed for the facilities they use and even for fundraisers hosted by the youth sports team.

This all-in-one insurance for youth sports package product provides protection for a variety of sports.  Property and liability coverage is offered in this insurance for youth sports package with a wide range of limits, ensuring that a small incident does not force the youth sports group to disband.

This All-In-One Non Profit Package product provides Youth Sports Organizations, with participants 18 years of age and younger, the opportunity to purchase General Liability, Property, and Directors & Officers (D&O)/ Employment Practices Liability (EPL) coverage all on one policy!

Target Accounts – The highest quote and bind ratio

  • New and existing organizations
  • Sports include but are not limited to Soccer, Football, T-ball, Baseball, Softball, Basketball, Volleyball, Tennis, Golf
  • Organizations that require parents or legal guardians to sign waivers of liability/release forms for all activities
  • Organization that perform background checks on all employees and volunteers
  • Organizations that have Accident & Health coverage in-force
  • No more than 1 loss or claim in the past 3 years

Product Advantages:

  • Coverage is available for athletic participants
  • Abuse and Molestation limits up to $1,000,000 occurrence/$1,000,000 aggregate available
  • Assault and Battery sub-limit of $50,000 available at no additional charge
  • Hired and Non-Owned Auto Liability coverage available in most states
  • Fundraisers and certain special events included at no additional cost
  • Landlord listed as an Additional Insured for no additional charge
  • No liability deductible
  • Separate limits of liability for Directors & Officers (D&O) and Employment Practices Liability (EPL) claims
  • Lifetime Occurrence Reporting Provision for former Directors and Officers
  • Unlimited defense costs outside the limits for D&O and EPL coverage
  • Full Prior Acts Coverage for D&O and EPL coverage
  • Optional fiduciary liability for D&O coverage
  • Property available on Special Form and Replacement Cost
  • Inland Marine coverage available for sports equipment
  • Crime coverage available

Available Limits:

  • Liability limits up to $1,000,000 occurrence/$3,000,000 aggregate
  • Abuse & Molestation limits up to $1,000,000 occurrence/$1,000,000 aggregate
  • Assault & Battery sub-limit of $50,000 at no additional charge
  • Property values up to $500,000 for D&O and EPL (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis and may not exceed the D&O Limit.)
  • $5,000,000 additional capacity available for Umbrella Coverage

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Insurance for Daycare / Childcare Facilities and Nursery Schools 4.80/5 (96.00%) 5 votes

Children are the light of our lives, however they can be a hassle when juggling all the other responsibilities in life, such as work.  Many families opt to place their children in childcare, so that they can continue working.

Knowing your children are safe at the childcare is extremely important since there is a lot of trust placed in the employees.  For childcare facilities, childcare insurance protects the business from many damages that may threaten it.  Childcare insurance also includes liability insurance giving an outstanding amount of coverage on all fronts.  Childcare insurance can cover a variety of properties, including daycares and nursery schools.

This insurance coverage can provide a comprehensive product for both commercial and residential Child Care facilities.

ADDITIONAL ADVANTAGES:

  • IN-HOUSE BINDING AUTHORITY – Quick quote turnaround
  • Superior policy issuance
  • Low minimum premium
  • Broadest Coverage
  • Priced to Sell

POLICY FEATURES MAY INCLUDE:

  • Professional Liability for no additional charge
  • Child Molestation and Abuse limits to the General Liability Limit with no Liability Deductible (Commercial)
  • The definition of abuse includes corporal punishment
  • Medical Payments coverage automatically provided for no additional charge for enrolled students
  • Defense Cost Reimbursement coverage for false Child Molestation and/or Abuse allegations against the facility owner, operators or employees
  • Employees including Directors and Assistant Directors are insureds under Child Molestation and/or Abuse coverage (Commercial)
  • Hired and Non-Owned Auto coverage
  • Coverage for facilities with pets and field trips
  • Coverage for extended hour and overnight commercial Child Care facilities and/or “drop in” centers
  • Special Form including Theft and Replacement Cost coverage available
  • Equipment Breakdown coverage including spoilage of perishable items
  • Value Plus Endorsement is available on accounts eligible for Special form offering 14 optional coverages for one low flat charge including: Signs, Money, & Securities, Employee Dishonesty, Accounts Receivable coverage and much more
  • Background checks with preferred pricing

 

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Insurance for Homeowners Associations 4.75/5 (95.00%) 4 votes

Homeowners associations regulate communities to keep them looking respectable as well as foster the relations of the residents.  While they may be considered a thorn in the side of some residents, they exist for the overall betterment of the community.  Even an organization like a homeowners association needs insurance to protect their property.

Insurance for homeowners associations is imperative to protect homeowners associations from the unexpected.  Many homeowners associations host events and own property, and the protection afforded by insurance for homeowners associations can save them if an unfortunate, destructive event occurs.

Insurance for homeowners associations includes more comprehensive property coverage. Now the product offers Blanket Agreed Value coverage on property exposures such as fences, pools, signs and other non-building property for no additional premium!

This feature, combined with other competitive advantages for property, general liability and professional liability, makes this package product a great choice.

Some additional coverage features that enhance this package product include:

- Low, competitive minimum premiums

- Property manager/management company automatically included as additional insured

- Lifetime occurrence reporting provision protects former directors and officers

- Defense costs are outside the limit of liability

- Breach of contract coverage provided

- Employment practices liability coverage included with directors and officers coverage

- Hired and non-owned auto liability can be included

- Crime and umbrella coverage available

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Directors and Officers Insurance for Museums and Historical Institutions 3.67/5 (73.33%) 3 votes

Museums and other historical places make great tourist attractions and are trusted as knowledgeable organizations committed to presenting the facts.  Their directors and officers are generally held in the highest regard as experts in their particular fields, giving the institution credibility.

Even experts make mistakes, however when those mistakes lead to potential legal action, it is good to have protection in place.  Directors and officers insurance is protection in the event that directors or officers make harmful mistakes related to their position at their museum or historical institution.  Directors and officers insurance can also include employment practices liability insurance, which also protects in the event that the museum or institution is sued for discrimination.

MUSEUMS & CULTURAL/HISTORICAL INSTITUTIONS

Directors & Officers Insurance

 

Eligible Classes:

Aquariums • Art Museums• Art Galleries

Children’s Museums • General Museums • Health Museums

Historical Museums • Natural History Museums

Science Museums • Specialized Museums

Arboterums • Botanical Gardens

Planetariums • Ochestras • Nature Centers

 

Products / Limits:

D&O • $1MM

EPLI • $1MM

 

Umbrella Insurance Coverage is also available with limits from $1MM – $25MM.

 

• Not getting the attention you deserve?

• We specialize in writing smaller classes!

 

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Property, General Liability and Event Liability Insurance for Social and/or Service Organizations 4.50/5 (90.00%) 2 votes

Social and Service Organizations are generally very active in their communities.  Many events are frequently hosted both on and off property owned by the organization, necessitating insurance to protect that organization in the event of unforeseen circumstances.

If you are a founder, director, or board member of a Social or Service Organization, it is important that your organization hold insurance to cover property, general day-to-day operations, and events.  Insurance protects organizations from the unexpected and helps guarantee the organization’s future.

The Hit Zone Our highest hit radio

* No losses or circumstances in the past five years

* Classes include but are not limited to:

•     Abused Adult Shelters (Battered Women)

•     After School Tutoring

•     Animal Shelters/Rescue Groups

•     Anxiety Counseling

•     At Risk Youth Counseling

•     Big Brother/Big Sister Organizations

•     Botanical Gardens

•     Boys & Girls Clubs

•     Career & Vocational Counseling

•     Caregivers (Non-Medical)

•     Child Care

•     Community Centers

•     Conservation Groups

•     Counseling & Referral

•     Counseling for Eating Disorders

•     Credit Debt Counseling

•     Crisis Intervention (Non Suicide)

•     Food Banks/Soup Kitchens

•     Gay/Lesbian Services

•     Government Assistance Services

•     Group Homes – mildly handicapped adults

•     Halfway Housing

•     Healthcare Clinics

•     Historical Societies

•     Homeless Shelters

•     Horticultural Societies

•     Hospices

•     Job Placement Services

•     Learning Disorder Services

•     Parenting Education

•     Pregnancy Help Centers

•     Prison Families Support Services

•     Psychologist Services

•     Reading Programs

If you do not see your organization here, this type of policy can still cover your property, events, and general operations.  Contact a Boardwalk Insurance Group representative to see if your organization qualifies.

Eligible Risks

•     Any class not listed as ineligible

•     No more than two claims in the past 5 years for any one line of business

Product Advantages

•     Separate limits of liability for D&O and EPL claims (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis.)

•     Full prior acts coverage for D&O and EPL coverage

•     Unlimited Defense outside the limits

•     Lifetime Occurrence Reporting Provision for the former Directors & Officers

•     Third party sexual harassment and third party discrimination coverage

•     Separate limits of liability for General Liability/Professional Liability (E&O)/Abuse  & Molestation.

•     General Liability/Professional Liability (E&O)/Abuse & Molestation written on an Occurrence form

•     Contingent Professional Liability for specific medical professional

•     Property written on Special Form

•     Special Events Coverage available

•     Hired and Non Owned Auto Liability coverage available

•     Expanded definition of Bodily Injury to include Mental Anguish or Emotional Distress

•     Optional Value Plus Endorsement

•     Optional Equipment breakdown – includes free boiler inspection if required in your jurisdiction

•     No General Liability deductibles

•     Admitted Product available in most states

•     Security of an insurance carrier rated A++ by A.M. Best

Available Limits

Directors & Officers

•     Up to $5,000,000 for D&O and EPL. The EPL limit may not exceed the D&O limit

Liability

•     General Liability: $1,000,000

•     Molestation & Abuse: Up to $1,000,000 each claim

•     Professional Liability: $1,000,000/1,000,000

Property

•     Up to $3,000,000 Total Insured Value (TIV) when no habitational and risk is located in a Protection Class 1-6 zone.

•     Up to $1,000,000 when no habitational exposure and risk is located in a Protection

•     Class 7-10 zone. If habitational exposures exist, TIV cap is $500,000

•     Maximum Property value of $500,000 per location for Coastal Zone accounts

Umbrella

•     Up to $5,000,000 limit

If you are involved in a Social or Service Organization and want to ensure your organization holds adequate insurance coverage while saving money, you should contact a representative at Boardwalk Insurance Group.  This independent agency will take the time to learn the risks associated with your organization, whether concerning owned property or events in the community.

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Liability and Event Insurance for Fraternities, Sororities, Fraternal Clubs, and Private Club Members 4.50/5 (90.00%) 2 votes

If you are an executive for a fraternity, sorority, fraternal club, or private club, it is important that your organization hold liability and event insurance to protect your organization’s future, as well as its members and guests.

Product Advantages

Package

•     Expanded definition of Bodily Injury to include Mental Anguish or Emotional Distress

•     Club members included as Additional Insureds

•     Fundraisers and certain special events included at no additional cost

•     Assault and Battery available on most risks

•     Hired and Non-owned Auto Liability Coverage available

•     Optional value Plus Endorsement

•     Optional Equipment Breakdown-includes free boiler inspection if required in your jurisdiction

•     No designated premises limitation

Liquor Liability

Insured has the option of either Basic or Top Shelf coverage

•     Basic Form features Defense costs inside the limits of liability and an exclusion for Assault or Battery coverage

•     Top Shelf provides coverage for Defense costs outside the limits of liability, may provide coverage for Assault or Battery and includes automatic coverage for the Liquor License holder as an additional insured

•     Club members included as Additional Insureds

•     Assault & Battery coverage available on most accounts

•     Credits available for responsible clubs with a formal third party server awareness training program

Directors and Officers

•     Separate limits of liability for Directors & Officers (D&O) and Employment Practices Liability (EPL) claims (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis.)

•     Full Prior Acts Coverage

•     Unlimited defense outside the limits

•     Unlimited Extended Reporting Period for former Directors & Officers

•     Punitive Damages, where insurable by law, included automatically

•     Optional fiduciary liability coverage

•     Automatically includes third party discrimination and harassment

•     Free Human Resources Hotline with unlimited number of calls and no time limits (when EPL is purchased)

Liquor Liability

•     Risks serving alcohol past the legally allowable time or “after hour” establishments

•     Risks with the following exposures: risks that allow “Bring Your Own Bottle,” risks that serve liquor in dry county or township, risks that allow same day membership, risks that allow members to bring more than two guests per day, and for social or private clubs

•     Risks located in AL, AK, IL, IA, LA, MS, OR, RI or WV

Directors and Officers

•     Risks that sponsor or administer any insurance programs

•     Risks involved in any labor/union negotiations or collective bargaining

•     Risks located in AK or LA

Available Limits

Package

•     Maximum Liability Limit $1,000,000/$2,000,000

•     Maximum Property value of $3,000,000 for organizations without cooking (protection class 1-8)

•     Maximum Property Value of $1,500,000 for organizations with cooking (protection class 1-8)

•     Maximum Property value of $250,000 for organizations in protection class 9-10

•     Maximum Property value of $500,000 per location for Coastal Zone accounts (wind exclusion applies)

•     Maximum Property value of $200,000 for seasonal risks

Liquor Liability

•     Up to $1,000,000 each common cause/$200,000 aggregate

Directors and Officers

•     Up to $5,000,000 for D&O and EPL (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis and may not exceed the D&O Limit)

Submission Requirements

•     Non Profit Fraternal Club Application (NPP CLUB) or equivalent

•     Representation of incurred loss/claim history for the past five years

If you are involved with a fraternity, sorority, fraternal club, or other private club and would like to ensure the organization holds adequate insurance coverage while saving money, you should contact a representative at Boardwalk Insurance Group.  This independent agency will take time to understand how your organization works and will customize a liability and event insurance policy that meets the needs of your organization while exceeding expectations.

 

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Insurance for Non-Profit Organizations and Institutions 5.00/5 (100.00%) 2 votes

If you are a founder, director or board member of a non-profit organization, it’s important your organization carry insurance to protect the future of your organization as well it’s member-base/contributors and directors and officers.

Non-profit organizations generally require commercial general liability insurance, directors and officers liability insurance, employment practices liability insurance, commercial property insurance (if they own real property), umbrella coverage, special event liability insurance and liquor liability insurance.  Most will require all of the above, but some are able to pick and choose which coverages they need.

There is good news for you: Available to you are specialty insurance companies, insurance agents and insurance brokers who cater to non-profits.  Additionally, package products are available from insurance companies which provide these organizations with all the coverage they need and include many bells and whistles for additional protection.

Boardwalk Insurance Group is an agency with such a program through it’s various insurance companies and insurance broker relationships.

Types of non-profit organizations eligible include:
•    Chambers of Commerce
•    Foundations / Community Foundations
•    Trade Associations
•    Business Associations
•    Art/Culture Associations
•    Charitable Associations
•    Booster Clubs
•    Religious institutions
•    Churches, Mosques, Synagogues, Temples, etc.
•    Sunday schools
•    Educational facilities

A typical non profit organization insurance policy package policy includes:
•    Only a $500 Minimum Premium for General Liability and Property combined
•    No General Liability Deductible
•    General Liability coverage included for volunteers
•    Hired & Non-Owned Auto coverage available in most states
•    Property is on Special form with Replacement Cost coverage
•    $5,000 of Business Personal Property coverage included
•    Equipment Breakdown coverage available
•    Options for adding: Employee Dishonesty, Money & Securities and many others
•    Separate Limits of Liability for Directors & Officers and Employment Practices Liability Claims
•    Unlimited Defense Costs outside the limit
•    Outside Directorship Liability coverage
•    Coverage for both Monetary and Non-Monetary Claims
•    Full Prior Acts coverage
•    Lifetime Occurrence Reporting Provision for former Directors and Officers
•    Free Human Resources Hotline with unlimited number of call and no time limits
•    No Intentional Acts Exclusion on Employment Practices Liability coverage
•    Automatically includes 3rd party discrimination and harassment
•    Policy can include three events with up to 100 attendees within the policy premium
•    Ability to include Liquor Liability in most states for events
•    Ability to consider events with up to 5,000 attendees

This independent insurance agency will take time to understand what your organization does and will custom-tailor an insurance policy which meets your needs, while exceeding your expectations.  The application process is simple and quotes can be obtained with 48 hours in most cases.

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