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Trustees' Indemnity
Insurance

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Are you a Charity Trustee acting because your organisation is helping to make a difference?

 

Trustees' Indemnity Insurance is specifically designed to cover the risks incurred by individuals acting in a management capacity for a charity whether paid or unpaid.

 

Whilst your motivations may be selfless, you could be personally liable and your personal assets at risk in the event of any negligence by your organisation. The senior officers and trustees of a charity have individual, personal duties and responsibilities for the management and administration of that charity or association. Charity Trustees Indemnity Insurance is the best form of protection against potential liabilities in this increasingly litigious society.

 

Typical trustees' indemnity insurance cover may include:

  • • Any personal liability for breach of trust or duty in their capacity as trustees.
  • • Any negligence, default, breach of duty or breach of trust committed by them while
  • • acting as directors or officers of a charitable company, or of any company carrying out
  • • activities on behalf of the charity.
  • • Legal expenses.
  • • Loss of reputation.
  • • Professional indemnity.
  • • Fidelity Guarantee.

 

The duties and responsibilities of trustees are summarised in publication CC3 produced by the Charity Commission of England and Wales.

 

As an independent insurance broker with 20 years experience in the not-for-profit sector MasterPolicy will work with you to understand your needs, provide advice and arrange insurance cover with specialists. Quotes are given on a no-obligation basis.

 

Call us to talk about your requirements. We’d love to hear from you.


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