Our directors and officers liability coverage contract is designed for hospitals and other healthcare facilities.
Coverage includes:
- Directors and officers liability
- Employment practices liability
Coverage form offered:
- Claims-made and reported (with optional prior acts and tail coverage)
Coverage provided by:
- BETA Risk Management Authority (BETARMA)—A.M. Best rating: A (Excellent); FSC VIII
Limits of liability:
- $1 million up to $10 million per occurrence. Defense costs are included within the liability limits.
Deductible options:
- $5,000 - $250,000
- Copayment options (applicable to defense costs and indemnity payments) are also available for the employment practices liability coverage only.
Coverage features:
- Entity coverage
- Duty to defend covered claims and to advance defense expenses on behalf of the member