|
Directors' & Officers' Liability Program
|
"Our
directors and officers liability insurance has been insured in the
AAHSA D&O Program since 1991. We here at Life Care Retirement Communities
know that the insurance product we purchase through the program provides
us with the utmost in value-added services for our money. It is comforting
to know that the AAHSA Insurance Program partners, AAHSA, Aon and
CNA, stand behind their product." - John Kaduce, insured
|
Savings
Facilities enrolling in our Directors & Officers program in 2006 have saved an average of 14%, or just over $1,515!
|
|
Request
a Quote Today!
Request a D&O Quick Quote!
(For a premium indication)
Learn about the eligibility criteria
Learn about the application requirements
Directors' & Officers' applicants with a CCAC accreditation will receive a 5% premium credit!
The
significant program features for AAHSA's Directors' and Officers' liability
program include:
-
Claims-made form
- Entity
coverage
- Duty to defend form
- Automatic
coverage for nonprofit subsidiaries classified as 501(c)(3)
- Wrongful
act defined to include: discrimination, wrongful termination, sexual
harassment
- Spousal
liability coverage
- Non-cancelable
except for nonpayment of premium
Click
here for Risk Management Articles and Information
Optional
coverages (subject to underwriting review) include:
- Entity
coverage for for-profit subsidiaries
- Outside
directorship liability
- Fiduciary
liability (ERISA) coverage
The following lists the basic eligibility criteria for the program:
- Nonprofit care, housing and services for the elderly
- Coverage available in all states
- Claims-made form
Please consider the following new business submission requirements:
- Preferably 30 days lead time
- AAHSA D&O Application
- Most recent audited financial statement or IRS 990 form
- Bylaws
- List of all directors
- Employment Handbook
- Workplace Harassment Policy
Click here to download the Specimen Policy.
Please note that the policy form and endorsements may vary in certain states. Please call us at 800.865.7307 ext. 553 to receive the specimen policy for AK, FL, GA, LA, MD, ME, NY, VT, or WA.
Request a Quote Today!
Or if you prefer click here to launch the file using Acrobat Reader
so that you can view and print the application. Print out the application and complete the information. If you do not have Acrobat Reader, click
on the icon below to go to Adobe's site and download the reader for free.
Print
out the application and complete the information.
Complete submissions should be mailed to:
AAHSA Insurance Program Administrator
Aon Association Services
1120 20th Street, N.W.
Suite 600
Washington, DC 20036
Toll Free: 800.865.7307
Program Manager: Maria Moreno, ext. 8553
Fax: 800.701.1982
info@aahsa-insurance.com
|