Waypoint Insurance - Risk & Business Magazine VIIC Spring 2016 | Page 26

Directors and Officers Coverage
Protecting Volunteers
BY: NEESJA LEGER, VIIC

A

t Vancouver Island InsuranceCentres,
our motto is “We’ll take CARE of it”.
We believe that means taking care of our
clients, taking care of our employees, and
taking care of our communities. With
offices from Port Hardy to Victoria, we
are proud to support each and every
community where we operate. We
recognize and appreciate the impact that
non-profit associations and committed
volunteers make to our communities
every single day. We could think of
no better way to honor what these
associations and volunteers do, than
by creating a product that takes care
of them. By offering protection, the
volunteers have the peace of mind of
knowing they are properly protected and
can focus on making our communities
even better.
Research shows that it’s not only the
organization that benefits from the
hard work of volunteers but there are
actual health benefits to the volunteers

themselves. Positive side effects from
volunteering can include: increasing
self-confidence,
expanding
social
contacts, combatting stress and
depression, learning new skills, meeting
new people, and having fun.
We
recognize
that
Non-profit
organizations face unique challenges.
With that in mind we are proud to have
designed a specialized Directors and
Officers Liability program specifically
to address their needs. Did you know
that as a director on the board of a nonprofit, you could be held personally
responsible for decisions that the board
makes? By having proper Directors and
Officers Liability Insurance, you won’t
have this exposure. Here’s a real life
claims example: Despite never having
attended a board meeting, a director
who had been on the Board for several
years was sued along with all the other
directors after the Society carried out
some doubtful transactions.

We are fortunate to have so many
people who have the desire to make our
communities better by volunteering
their time to be on a board of a nonprofit organization. At VIIC, we want
to offer those generous people the
peace of mind of knowing that with
our unique program of Directors &
Officiers Liability insurance including
coverages such as: Employment Practices
Liability, Identity Theft Expense, Legal
Guard telephone assistance, Broad
definition of employment practices and
much more, we will take CARE of the
people and organizations that serve our
communities.
Directors & Officers Liability insurance
is evolving and not all products are
the same. Contact Vancouver Island
InsuranceCentres to speak to one of our
insurance advisors about how to protect
your organization in today’s changing
business world.

Neesja Leger is a Commercial Insurance
Specialist located in the Courtenay office
of VIIC. Neesja works with all types of
business owners to help them protect
their business future and she takes a
special interest in assisting non-profit
organizations. She is passionate about
the work done by volunteer organizations
and volunteers with a number of local
community groups. Contact Neesja, or any
one of our VIIC offices, by calling 310-viic
or visit us online at viic.ca

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SPRING 2016