As an Exponent Philanthropy member in good standing, you are eligible for coverage at the premiums shown if your foundation meets the following criteria:
- Employs five or fewer paid staff
- Is not registered in AK, CT, KY, LA and TN
- Has no previous D&O claims history
If you do not meet these qualifications, you may still be eligible for coverage at the program’s standard rates.
Please call USI Affinity for coverage options.
Legal defense costs — even when allegations are groundless or false. These costs are not applied to liability limits. Covered legal defense costs include:
- Administrative body regulatory proceedings, such as matters involving IRS or state agencies
- Civil lawsuits
Claims damages, subject to the deductible and liability limits (i.e., coverage) you elect.
- Deductibles from $0 to $10,000
- Liability limits from $1 million to $5 million
Note: Does not cover fines or penalties in matters involving regulatory or administrative agencies.