Your guide to charity insurance
Still have some questions about trustees indemnity insurance? Find out more on the guide.
Make a claimTrustee indemnity insurance
Financial protection for trustees, directors, governers, officers and committee members of charities, clubs, associations or not-for-profit organisations.
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0333 234 1387
What does trustee indemnity insurance cover?
Whether you’re a small community charity or a large trust, we know that choosing the right cover to suit your requirements is crucial. Our trustees indemnity insurance will provide the following covers:
Legal defence costs
Provides protection against legal defence costs and damages awarded against one of your directors, trustees or officers arising from a wrongful act by them in the course of their statutory duties.
Employment practices liability
Protection for your organisation against any act, error or omission where you are held vicariously liable, relating to any breach of any employment contract, wrongful dismissal or termination of employment, unfair dismissal, unequal pay, discrimination and more.
Incidental professional advice
We’ll provide professional advice in the event of a claim to support you in recovering from any resulting impact of a trustees indemnity claim.
Cover against fraud and dishonesty
As well as cover for wrongful acts of fraud and dishonesty, we’ll also provide cover for the legal costs of defending a claim.
Frequently asked questions about trustee indemnity insurance
Does your charity need trustee indemnity insurance? Read our frequently asked questions below to find out more about what’s covered, and whether you need any cover in place for your board of trustees, directors of officers.
What is trustee indemnity insurance?
We’re only human, and even your trustees, directors or officers could suffer from lapses in judgement from time to time. Trustee indemnity insurance protects the personal liability of individuals in positions of authority if a claim is made against them for committing a wrongful act, including breach of trust/duty and breach of health and safety.
Without this cover, individuals can be held personally liable to the full extent of their wealth or assets. Often these policies can be extended to include claims made against the organisation as well as an individual. In addition to providing cover for settlement of a wrongful act, trustee indemnity insurance also provides cover for the legal costs of defending the claim.
Why do charities need trustee indemnity insurance? Why is it so important?
Your board of trustees, directors or officers will be a significant cog in the wheel of your organisation, and bear the responsibility for important decisions on a day to day basis. But this can also make them susceptible to claims of mismanagement - which could potentially result in a third party compensation claim, for which the trustee could be held personally liable.
Having trustees indemnity in place will ensure your trustees, directors and officers are protected.
Who needs charity trustee indemnity insurance?
Trustees, directors, officers, committee members and governors of public organisations can be held personally responsible for decisions and actions made on behalf of their organisation. They may also be sued or prosecuted for any mistakes and their consequences during the performance of their statutory duties. If you hold one of these roles, you may need trustee indemnity insurance.
Why Endsleigh for charity trustee indemnity insurance?
With over 30 years’ experience providing insurance for the charity and volunteer sectors, we work with market leading insurers to build expert solutions for our customers. With Endsleigh, you’ll receive access to a dedicated specialist account executive who will provide expert consultation and advice on your not-for-profit insurance requirements, ensuring you find the right cover for your organisation.
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Need to contact us?
Our friendly team are ready to talk to you:
Monday-Friday, 9am-5pm
Call us on 0333 234 1387