Voluntary Organisations Insurance

The reality is that if you sit on the management committee or contribute to the decision making process of an association, charity or any other not for profit organisation, then you could be deemed one of its trustees or officers - whether you have the title or not. The role of an officer or trustee is defined by what you do, not what you are called.

In addition, where an organisation has registered at Companies House, anyone sitting on the board as a trustee will be deemed to be a company director and therefore subject to the 2006 Companies Act.

Do I need a policy?

It is all too easy to overlook the fact that those people running and managing not for profit organisations can be exposed to potentially damaging actions from a wide variety of sources. Employees, volunteers, suppliers, members, fundraisers, regulatory bodies and even other trustees could all make a claim against you personally or your Organisation. Claims against you can arise from any number of situations including:

• alleged breach of statutory duty- e.g. failing to manage health and safety issues
• alleged breach of trust- e.g. using money for purposes outside the Organisation's scope
• alleged breach of a duty of care - e.g. not acting in your Organisation's best interests
• alleged libel or slander - e.g. derogatory remarks made about another
• alleged discrimination or harassment - e.g. allegations of bullying

It is also important to remember that should a claim be made against you ignorance is no defence.

Who is it for?

Trustees and Committee Members of UK Charities, Clubs and Associations

How much does it cost?

Premiums start at £70 per annum plus IPT (Insurance Premium Tax)

What is covered?

• Legal liability arising from Wrongful Acts
• Defence Costs and Expenses
• Investigation Costs and Expenses
• Criminal Defence Costs and Expenses
• Harassment and Discrimination
• Fidelity Extension (financial loss from dishonesty)
• 6 Years Cover for Retiring Trustees
• Identity Theft Costs and Expenses