Foundation Insurance Program
Liability coverages for public school foundations and not-for-profit arts organizations
Brokers’ Risk specialized liability insurance program is designed to meet the liability insurance needs of not-for-profit organizations. Our program offers comprehensive coverage and competitive premiums.
For more than 25 years, Brokers’ Risk has designed solutions for not-for-profits, governmental agencies, and public entities. The program is available in all states.
Coverage Plan:
Directors & Officers Liability and Errors & Omissions Insurance with Limits as high as $2,000,000 aggregate
- Claims Made Policy Form
- Full Prior Acts available
- Duty to Defend Form
- Broad definition of Insured which includes volunteers
- Coverage is worldwide; Claim must be made in U.S.
- Punitive Damages coverage where insurable
- $100,000 Defense sublimit for non-monetary claims
- Deductibles as low as $500
- Special Events Liability is available
Optional Add-on Coverages
(Directors & Officers Liability and Errors & Omissions Insurance must be purchased)
General Liability Limits:
| *Per Occurrence | $1,000,000 or $2,000,000 |
| General Aggregate | $1,000,000 or $2,000,000 |
| Hired and Non-Owned Automobile Liability | $500,000 |
| Fire Legal Liability | $100,000 |
| Medical Payments | $10,000 |
* Products/Completed Operations and Personal & Advertising Injury
Employment Practices Liability
- $1,000,000 limit of liability (sub-limit)
- Deductible as low as $5,000
Hired and Non-Owned Automobile Liability
- $500,000 combined single limit available
Crime
- $25,000 aggregate loss sustained including Employee Theft, Forgery or Alteration, Money and Securities, Robbery or Safe Burglary
- $5,000 deductible
Special Events
- Special Events can be added to the General Liability Policy
- High-Risk Special Events can be written on a separate policy for an additional premium
- Special Events coverage may also be purchased as a stand-alone offering
Contact
Daniel O’Neil
Marketing Development Manager
doneil@one80.com
(405) 503-1316 mobile
Underwritten by certain Underwriters at Lloyd’s, London
Posts:
School Fondations: Big Business and Risky Business
The insurance is underwritten by Brokers’ Risk, a subsidiary of One80 Intermediaries, Inc. on behalf of certain Underwriters at Lloyd’s, London, which are rated A+ (excellent), class XV, by A.M. Best Company. The insurance is subject to underwriting review and approval. The description herein is a summary only. It does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Policy terms may vary based on individual state requirements and may not be available in all jurisdictions.
The risks and claims scenarios detailed herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product should request a copy of the policy itself for a description of the scope and limitations of coverage.
Brokers' Risk, a subsidiary of One80 Intermediaries, Inc.
333 West Wacker Drive, Suite 1200
Chicago, IL 60606