DIRECTORS AND OFFICERS INSURANCE PLAN
	Available for CFCA Members

We are pleased to announce that we have teamed up with an A+ rated insurance company to provide affordable, comprehensive insurance coverage tailored for all foundation. This policy is a comprehensive liability solution for 501(C) Non-Profit organizations that offers Directors & Officers Liability (lead coverage), Employment Practices Liability, Fiduciary Liability, Workplace Violence Liability, Internet Liability and Business Owners General Liability Coverage.

BENEFITS OF THE PROGRAM (summary)
1. A.M. Best Rated A+, IX
2. Insuring Agreements – Pay on behalf of
3. Defense costs are in addition to the limit of liability
4. Automatic Non-Profit subsidiary coverage with asset threshold and notice
5. For-Profit subsidiary coverage available by endorsement
6. Definition of insured includes global equivalents
7. Personal injury and publishing / advertising liability is included
8. True world-wide coverage

DIRECTORS’ & OFFICERS’ LIABILITY HIGHLIGHTS
1. Outside Directorship Liability for non-profit entities and endorsed outside entities
2. Final adjudication language in fraud and profit exclusions
3. Severability language applies to fraud and profit exclusions

EMPLOYMENT PRACTICES LIABILITY HIGHLIGHTS
1. Third party liability included (definition of third party includes “or other client”)
2. No mental anguish or emotional distress exclusion
3. Leased employees included in definition of insured
4. Definition of employment practices act includes 16 areas

FIDUCIARY LIABILITY
The responsibility on trustees, employers, fiduciaries, professional administrators, and the plan itself with respect to errors and omissions in the administration of employee benefit programs as imposed by the Employee Retirement income Security Act (ERISA)

WORKPLACE VIOLENCE LIABILITY HIGHLIGHTS
Workplace violence act includes actual or alleged intentional and unlawful use of, or threat to use, deadly force with an intent to cause harm

INTERNET LIABILITY
Internet Liability Act includes:
• libel, slander, or oral or written publication of defamatory or disparaging material,
• Invasion of our interference with the right of privacy
• Infringement of copyright, service mark, trademark, trade dress or trade name, title, or slogan
• Improper use of literary or artistic titles, formats or performances

BUSINESS OWNERS POLICY

BENEFITS OF THE PROGRAM

• These policies may only be written in conjunction with the Specialty Lines Division of Professional Liability Policies
• Provides broad coverage that can be tailored with optional coverage to fit an insured’s particular needs. (except in Louisiana)

GENERAL LIABILITY:

Provides comprehensive coverage on a simplified basis:
• Available Occurrence Limits; $300,000, $500,000, $1,000,000
• Liability and Medical Expenses: Aggregate is 2X the Occurrence Limit
• Products / Completed Ops: Aggregate is same as the Occurrence Limit
• Tenants Fire Liability: $50,000
• “Per Person” Medical Expense Limit: $5,000

OPTIONAL COVERAGES:

• EMPLOYEE DISHONESTY – Coverage is available for dishonest or fraudulent acts of the insured’s employees, at optional limits of $5,000, $10,000, $25,000, $50,000 or $100,000 per occurrence
• MONEY and SECURITIES – Coverage for Money and Securities is available. The Limits of insurance apply to on-premises and off-premises exposures.
• MECHANICAL BREAKDOWN –Coverage is available for boilers and pressure vessels and air conditioning units (capacity of at least 60,000 Btu) for sudden and accidental breakdown.
• OUTDOOR SIGNS – Coverage is available for outdoor signs which are the Property of he insured or the Property of others in the care, custody and control of the insured.
• INTERIOR GLASS – Coverage is available for direct physical loss of or damage to items of glass that are permanently affixed to the interior walls, floors or ceilings of a covered building or structure.

If you are interested in receiving more information on this coverage and would like an “eligibility premium indication,” then please complete the Application Form and mail it to the home office.

Christian Foundation Center of America
706 N. Lindenwood Drive
Olathe, Kansas 66062

For specific information call David Olsen: CFCA Administrative Director.
Phone -            - Fax - 913-227-0254