Directors & Officers Liability (D&O)

Essential, affordable nonprofit D&O protection with multiple advantages.

Boards of directors are an essential part of nonprofit organizations’ structures and deserve to be well protected. Directors and Officers (D&O) Liability coverage, including fiduciary, from NIA offers a number of benefits:

  • Flat-rate D&O for nonprofits with no employees: Only $690/year!
  • The policy form is deductible-based and not subject to a self-insured retention. NIA bills the deductible when the claim is closed.

Note: NIA’s Commercial General Liability is required if you want to purchase this coverage.

ballet dancers perform on stage in colorful costumes

Insured by NIA:
Weehawken Creative Arts
Ridgway, CO

Flat Rate D&O

NIA’s flat rate D&O product is for 501(c)(3) nonprofit organizations with no employees. Specifically designed for nonprofits with no employees, this low-cost product provides D&O protection for nonprofit board members and the organization, but excludes coverage for any employment-related actions.

The flat rate is $690 for limits of $1,000,000. New and renewal members with no employees are eligible. General Liability is the core coverage that all of NIA’s member insureds carry. NIA does not write stand-alone Directors and Officers.

a man wearing a baseball cap kisses a dog

Insured by NIA:
Healing Paws for Warriors
Fort Walton, FL

Highlighted features of NIA’s Directors & Officers policies.

Summary of key features only. Actual policy language will differ.

  • Deductible options available including $0
  • Policy limit $1 million: aggregate limits to $2 million
  • Umbrella limits up to $5 million available
  • Flat rate D&O available for nonprofits with no employees
  • Defense costs outside the policy limits
  • Prior Acts Coverage available for an additional charge
  • Broad definition of member-insured including the nonprofit organization as well as directors, trustees, officers, employees, volunteers, committee members, interns, students-in-training, and spouses
  • Coverage extends to third-party harassment
  • Broad Employment Practices Liability (EPLI) Coverage
  • Fiduciary Liability Coverage included at full policy limit
  • ERISA sublimit of $250,000 included with $500,000 available for additional charge
  • Breach of Contract limit up to $250,000 for defense (*subject to additional premium)
  • Wage and hour law violation limit up to $250,000 for defense (*subject to additional premium)
  • Punitive damages covered in states where insurable
  • FREE unlimited employment risk management consultations (for insureds with D&O Coverage and EPLI)
  • Employee Handbook Builder – a highly subsidized subscription to the BLR Handbook Builder annual subscription cost is $99 ($300 savings)
  • Individual member vs. individual member coverage included

Coverage checklist

This PDF allows you to print and compare coverage features with your clients.

Policy forms

Available for appointed brokers only on the NIA Broker Portal.

List of coverages:

Here’s the menu of NIA’s nonprofit insurance offerings.

Note: NIA’s Commercial General Liability coverage is required if you want to purchase any other coverages from NIA.

Commercial General Liability

Coverage for a wide range of negligent acts which result in bodily injury, property damage, personal injury, or advertising injury. Liquor liability included at no extra fee.

Improper Sexual Conduct and Physical Abuse Liability

Coverage for nonprofit employees, volunteers, and the organization for allegations of sexual and/or physical abuse. Event trigger and claims-made available.

Social Service Professional Liability

Coverage for employees, volunteers, interns, students-in-training, and independent contractors for damages resulting from errors and omissions in the provision of certain professional services.

Directors and Officers Liability (D&O)

D&O, fiduciary, and employment practices (EPLI) coverage for the organization and its directors and officers, employees, and volunteers for allegations of wrongful acts. Affordable flat-rate D&O without EPLI for nonprofits without employees.

Business Auto Liability and Physical Damage

Coverage for vehicle fleets of all sizes, driven by employees or volunteers. Can include personal vehicles that are being used for nonprofit work.

Businessowners Property

Coverage for the physical assets a nonprofit owns or leases — such as buildings, office equipment, computers, furniture, etc. Generous, modified BOP, includes business income and extra expense.

Participant/Volunteer Accident Coverage

Limited coverage for injury to a volunteer or participant (depending on the coverage) on a no-fault basis. May apply prior to (or in excess of) an individual’s health insurance policy.

Umbrella Liability

While a $1 million limit works for most claims, umbrella liability provides the excess coverage some nonprofits may need.

Insurance Brokers: 

Learn more about working with NIA, how to become an NIA appointed broker, or how to submit 501(c)(3) business.