Chomko Insurance Services Announces a New Insurance Program For Directors & Officers Liability

Chomko Insurance Services has teamed with an A.M. Best A Excellent" rated insurance carrier to offer a Directors & Officers insurance program specifically tailored for non-profit organizations.

(PRWEB) March 26, 2005 -- Chomko Insurance Services has teamed with an A.M. Best A Excellent" rated carrier to offer a Directors & Officers insurance program specifically tailored for non-profit organizations.

http://www.chomkoinsurance.com/directors-officers-insurance.asp

No matter what the size of a non-profit, there are good reasons to have Directors & Officers coverage to protect both the organization and its directors.

You are vulnerable.

Directors and officers, as fiduciaries of the organizations they serve, are responsible for managing the organization. They must act with due diligence in carrying out their responsibilities and can be held personally liable if their actions result in a loss to the organization.

Non-profits run the risk of being sued for an extensive list of wrongdoing, including: wrongful termination, harassment, discrimination, libel and slander, and acts beyond authority. D & O litigation, even if unmerited, can result in a financial and emotional drain. In most cases, directors and officers are non-paid volunteers, which is even more reason to ensure that their personal assets are protected. State Volunteer Protection Laws do not eliminate the need for Directors & Officers coverage.

http://www.chomkoinsurance.com/directors-officers-insurance.asp

Directors & Officers, whether compensated or not, have liability.

Chomko Insurance Services offers Directors and Officers Insurance coverage that includes broad fiduciary liability up to $25,000,000 with optional enhancements.

In addition to Non-Profit Organizations, Chomko Insurance Services also offers Directors and Officers coverage to these corporate structures:

•Private Companies
•Public Companies
•Financial Institutions

Now is the time to get coverage
Non-Profit Directors & Officers Insurance with Employment Practices Liability is the cost-effective solution for protecting your organization. Organizations interested in receiving a no-cost, no obligation consultation should contact Jessica Jackson at 702-992-6800.

http://www.chomkoinsurance.com/contact-us-about-las-vegas-insurance.asp

About Chomko Insurance Services http://www.chomkoinsurance.com/index.asp
Headquartered in Nevada, Chomko Insurance Services works to provide individuals, families, and businesses with financial security. As an independent insurance firm, Chomko Insurance Services represents over 80 nationally recognized companies specializing in both business and personal insurance programs. Chomko Insurance Services is currently licensed to write insurance in Nevada, California, Arizona, and Utah.

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