Our directors and officers liability coverage contract is designed for hospitals and other healthcare facilities. This coverage has the following features:
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:
BHG Risk Management Authority—A.M. Best rating: A- (Excellent); FSC VII
Limits of liability:
$1 million up to $10 million per occurrence, with an annual aggregate limit that equals the selected liability limit. Defense costs are included within the liability limits.
Deductible options:
$5,000
$10,000
$25,000
$50,000
$75,000
$100,000
Copayment options (applicable to defense costs and indemnity payments) are also available for the wrongful employment practices liability coverage only.
Coverage features:
Entity coverage
Duty to defend covered claims and to advance defense expenses on behalf of the member.
