No matter how small or large a charity is, each one will have a Management Committee. This could be led by Trustees, Directors or Governors, and many are unaware that as decision makers, they are vulnerable to personal liability claims for any errors or omissions they make on behalf of the charity.
This means that they are personally exposed to the costs of potential legal action, official investigation or compensation claims. A Trustees Indemnity or Liability Policy protects Trustees within your charity against private and personal prosecution, and having this cover and support available can help organisations to attract and retain trustees.
A Trustees Liability Policy can protect you in the event of:
- A health & safety or manslaughter claim
- Any employment claims
- A breach of duty or trust