With the end of the summer fast approaching, many charities are turning towards Autumn plans and perhaps inviting new Trustees to join them.
Trustees have overall control of a #charity and are responsible for making sure it’s doing what it was set up to do. Trustees may also be known as Directors, Board members, Governors and/or Committee Members.
Being a trustee means making decisions that will impact on people’s lives. Depending on what the charity does, you will be making a difference to your local community or to society as a whole.
At Unity we provide Trustee Indemnity Insurance but this is not about expecting the worst, it is about protecting yourself so you can focus on doing your best.
Think of it this way: you would insure your car even though you are a good driver. You would insure your home even though you are careful in your home. Why wouldn’t you insure your personal liability when acting as a trustee?
At Unity Insurance Services, we work exclusively with charities and not-for-profit organisations because we understand the unique pressures you face. Protecting your trustees is just one more thing on an already overwhelming to-do list, but it doesn’t have to be complicated. Our goal is to help you meet your obligations and secure the right protection for your trustees, simply and confidently.
Trustee Indemnity Insurance protects you personally if someone claims you made a mistake in your trustee duties, even if you acted in good faith. As a trustee, you can be held personally liable for decisions that go wrong. That means your own assets could be at risk if someone sues and wins.
Trustee Indemnity Insurance could step in to cover:
Legal defence costs
Compensation payments
Investigation costs
Crisis management expenses
If you'd like to find out more, then please do take a look at our News page here, or if you want to have a chat with one of our friendly team then contact the CSC Buying Group at buy@cscbg.org.uk and they will get us connected.