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Boardroom Plus庐 Insurance FAQs

As a credentialing organization, you're likely familiar with the importance of protecting your organization from potential liabilities. One way to do this is by purchasing the Boardroom Plus Management Liability Insurance Policy. Here are some frequently asked questions and answers to help you better understand this type of policy:

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Barry Peters Executive Vice President

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Boardroom Plus庐 Frequently Asked Questions

Associations who set standards for testing purposes who may have directors, officers, and employees such as staff, volunteers and committee members.

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Directors and officers liability insurance (D&O) protects executives and board members in the event that claims are made against them while serving on a board and/or as an officer.

Employment practices liability (EPLI) covers wrongful acts arising from the employment process, including wrongful termination, discrimination, sexual harassment and retaliation.

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Professional liability insurance is also referred to as errors and omissions insurance (E&O). This type of coverage will cover claims related to your professional services that may be due to inaccurate advice, analysis or reports.

No one can plan for possible claims made against you, but you can be prepared. Whether you are directly or indirectly responsible, you can be pulled into a lawsuit and the price tag for attorneys鈥� fees can be a hefty one. Insurance exists to defend and indemnify you from allegations of negligence.

Remember, frivolous lawsuits are not unheard of, and even if there is no merit for the suit, a person can still file a complaint against you. Insurance is an affordable way to safeguard your personal finances and here are some useful tools and resources to help you manage your risk.

Media liability, a type of E&O liability insurance policy, protects the insured from extensive personal and advertising injury, as well as broadcasters鈥� and publishers鈥� liability in all forms of media.