NOT FOR PROFIT
Not for profit and charitable associations provide vital services to the community.
Board members and senior managers can be held personally liable for their actions or failure to act in certain circumstances.
Association Liability Insurance provides protection for the organisation as well as its Directors and Officers from a range of exposures relating to employment practices, fraud, fines and/or penalties. It also extends to protect against errors or omissions in the provision of services / advice and training.
The Association Act of 2009 introduced increased penalties for Directors and Officers who breach their legal duties.