Trustees & Officers Indemnity Insurance
“Charities and voluntary organisations are becoming increasingly engaged in a diverse range of fund-raising activities and it is this more commercial approach that increases the threat of individual liability”
Trustees & Officers Indemnity Insurance simply protects individuals from liability when acting in an official capacity for an organisation, or in this case, an amateur theatre society.
Committee members or trustees are covered against liability arising from incidents for which they are proven to have innocently acted improperly and/or not in accordance with their duties/responsibilities and are therefore held personally liable.
How does this impact your society?
As this becomes more widespread societies may find it increasingly difficult to recruit committee members, as people are simply not prepared to expose themselves to the liability. No committee members, no society – it’s that simple!
As an official or committee member you have considerable input in the administration and management of your society. If an incident arises through the course of your duties, even if it is as a result of an honest mistake, and the error is traced back to you, then you could be held personally liable for some or all of the ramifications attributed to that error.
Policy Information:
To view the Trustees & Officers Indemnity Insurance policy information please click on the link below:
> Trustees & Officers Indemnity Insurance Policy Information
To discover the benefits of being insured through NODA Insurance simply click on Submit Enquiry above and complete the quote form. Alternatively you can call us on 0845 130 1368.
