WHAT IS THE NONPROFITS’ OWN?
The Nonprofits’ OWN is a policy form designed exclusively for 501(c)(3) nonprofit organizations. Nonprofits’ OWN offers specialty General Liability, Auto Liability, Social Service Professional Liability, Improper Sexual Conduct Liability, and Directors & Officers Liability insurance forms. Nonprofits’ OWN offers important enhancements to the General Liability and Auto Liability policies as well as unique event-trigger coverage on the Directors & Officers and Improper Sexual Conduct policies.
HOW DOES AN “EVENT-TRIGGER” FORM WORK?
Event-trigger coverage means that coverage for the event is triggered by the policy in force when the event happens, not when it is reported. For example, suppose an event-trigger policy is in place for a policy period of March 22, 1999 through March 22, 2000. A lawsuit is filed on June 25, 2004 for an event that took place on April 15, 1999. The nonprofit let coverage lapse on March 22, 2000. With event-trigger coverage in place when the event or act occurred, there would be coverage for this claim. How is this different from a claims made form? With a claims-made policy, the insurance must be in place both when the event happens and when the claim is made. With event-trigger, only the first such act must take place during the effective dates of the policy period. The policy is not required to be in force when the claim is made.
WHAT IS SPECIAL ABOUT NONPROFITS’ OWN DIRECTORS & OFFICERS POLICY?
If Nonprofits’ OWN General Liability is bound, nonprofits are eligible to apply for event-trigger D&O coverage. Remember, in addition to this unique, event-trigger form, ANI-RRG’s D&O policy also offers:
- Defense outside the policy limits
- Broad coverage for employment practices
- Duty to defend
- Zero policy deductible
- Broad definition of insured
- $25,000 defense only for breach of contract claims
- In addition, ANI-RRG pays for limited pre-termination employment risk management advice for members which purchase ANI-RRG’s D&O coverage.
WHAT IS SPECIAL ABOUT THE NONPROFITS’ OWN IMPROPER SEXUAL CONDUCT FORM?
When Nonprofits’ OWN General Liability is bound, the nonprofit has the option of purchasing Improper Sexual Conduct coverage.Improper Sexual Conduct is offered on an event-trigger basis. Remember that the Improper Sexual Coduct coverage form also offers:
- Event-trigger form
- Limits up to $1,000,000 available
- Up to $10,000 reimbursement of wages for an employee suspended from work with pay during an improper sexual conduct investigation
- Defense of the alleged perpetrator until he or she is convicted of a criminal offense involving sexual conduct
- Coverage extends to client vs. client allegations
- No deductible
- Volunteers and employees are included as insureds at no extra charge
- Written on ANI-RRG-ISCET-(1/99) form
WHAT ARE THE AUTOMATIC ENHANCEMENTS ON THE NONPROFITS’ OWN OWNED AUTO INSURANCE?
The following are automatically included on the Nonprofits’ OWN policy when Owned Auto insurance is purchased:
- Symbol One Liability Coverage. This is the broadest coverage symbol available.
- Hired Auto Physical Damage. We realize some members rent vehicles, so we want to provide this valuable coverage when they request it.
- Rental Reimbursement, CA 9923, up to 30 days @ $50 a day. A valuable enhancement just in case a covered auto incurs a loss.
- Employees and Volunteers as Insured, CA 2054 and CA 9934. Knowing that our members frequently rely on volunteers and employees to use their own vehicles on agency business, this coverage is much needed.
- Drive Other Car, CA 9910, when requested.
WHAT ARE THE AUTOMATIC ENHANCEMENTS ON NONPROFITS’ OWN GENERAL LIABILITY?
The following are automatically included with every Nonprofits’ OWN policy:
- Blanket Additional Insured. Includes CG 2011 (landlords), CG 2012 (permits), CG 2018 (mortgagee), CG 2021 (volunteers), CG 2026 (funders), CG 2034 (lessor of leased equipment) and CG2020 (charitable institutions). Note: CG 2010 is not automatically included and must be endorsed onto the policy if needed and an additional charge will apply.
- Liquor Liability, CG 0033. Some nonprofit managers have been concerned about the “host liquor” coverage available in the General Liability coverage form, so we wanted to assuage any concerns by providing Liquor Liability coverage on its own form.
- Medical Payments ($20,000 limit). An increase over the $5,000 limit commonly offered.
- Aggregate Limits per Location CG 2504. We know nonprofits with multiple locations will appreciate this enhancement.
- Revised Care Custody and Control Exclusion to provide limited CCC Coverage up to $25,000.
Did you know that property of others in the care, custody, and control of the insured is excluded under a general liability coverage form? Many members have expressed disbelief surrounding this issue, so we have written an endorsement to address this. It still requires the insured be liable. It is excess over any other available insurance.
- Fire Legal Limit of $100,000. An increase over the $50,000 commonly offered.
- Limited Coverage to Employee’s or Volunteer’s car if damaged by client of nonprofit.
From time to time, we receive claims when a client damages an employees or volunteers personal automobile. So, we have created this endorsement to provide deductible reimbursement coverage up to $500.
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