Directors & Officers Insurance Program
USA Water Ski & Wake Sports is pleased to announce the renewal of the USA Water Ski & Wake Sports Club Directors & Officers Insurance Program. This optional program provides USA Water Ski & Wake Sports affiliated clubs with access to Directors & Officers Liability and Employment Practice Liability insurance to protect against claims arising out of the mismanagement of club operations. All USA Water Ski & Wake Sports clubs should consider enrolling in this vital program.
D&O Insurance Program Highlights:
- Two affordable premium options for $1,000,000 or $2,000,000 policy limits
- Simple online application with instant quote and payment option
- Available to non-profit clubs with 5 or less employees
D&O Insurance Program FAQs:
Why does my club need Directors & Officers coverage?
D&O coverage protects your club and its directors and officers from claims arising out of the mismanagement of the club. Individuals handling club operations can be held liable for wrongful acts involving the club and its members. The policy can cover the legal costs necessary to defend and investigate allegations.
What are examples of wrongful acts?
- Breach of Duty – failing to exercise reasonable care when making decisions
- Violation of Statutes
- Violation of By-laws
- Mismanagement of funds
- Misrepresentation of club financials
Who is an insured?
The club, its directors, officers, employees, and volunteers. View Club Directors & Officers Insurance Program Summary.
To purchase coverage, please visit the following link: https://sports.epicbrokers.com/usawaterski.