Columbia, SC (PRWEB) July 21, 2012
Sadler Sports Insurance has added enhancements to its Directors & Officers Liability policy form through Philadelphia Insurance. These enhancements are exclusive to the Sadler Sports Insurance program for teams, leagues, camps, clinics, etc.
*Security Events Coverage - $7,500 sub-limit for data breach resulting from hacker attack including client notification expenses and any credit monitoring required by administrative agency.
*Electronic Statements Liability - $100,000 sub-limit for slander and invasion of privacy lawsuits resulting from content on your website and/or social media.
*Coach's Professional Liability - Defense Coverage - Legal defense for allegations of inadequate coaching or instruction resulting in loss of college scholarship or pro career.
These enhancements are important because just about every sports organization has a website and/or uses social media such as Facebook and Twitter. These electronic media create new exposures to lawsuits and government regulatory agency fines that did not exist in the past. Regular General Liability and Directors & Officers Liability policies don’t respond to these lawsuit exposures.
Also, we regularly hear about unreasonable parents who are often out of touch with reality who file lawsuits on behalf of their minor children alleging that improper coaching instruction has resulted in loss of a college scholarship or a pro career. While these lawsuits are normally dismissed, the can result in significant legal fees.
The D&O policy, with a limit of $1,000,000 can be purchased for $300 per governing board. The $2,000,000 limit can be purchased for just $450 per governing board.
About Sadler Sports Insurance:
Sadler Sports Insurance is a division of Sadler & Company, Inc. in Columbia, SC and specializes in insuring national sports organizations as well as individual teams and leagues across the United States. For More Information visit, http://www.sadlersports.com.