Union Executive Liability
Introduction
Union Executive Liability Insurance provides the Insured with coverage for claims made as a result of the Insured Person’s wrongful acts including any negligent acts, errors or omissions committed in their insured capacity as a Director or Officer or any other matter claimed against them solely by reason of their serving in such insured capacity.
Our program offers Union Executive Liability for Local, Provincial, and National Union Chapters.
Coverage Features
The following is only a partial list of the many features:
- Primary or excess covers
- Fast quotes and competitive terms
- Broad claims-made wording
- Pay on behalf wording and advancement of defence costs
- $10,000,000 in-house limit
- World-wide territory
- Employees as co-defendants
- Broad definition of subsidiary
- Priority of payments provision
- Employment practices coverage for insured persons
- Defence costs for pollution claims
- Legal representation expense coverage
- Split deductibles for U.S. and non-U.S. claims
- Bilateral, pre-set extended reporting period
- Coverage for spouses and estates
- No-charge extended reporting period for retired directors and officers
- Full severability of exclusions and non-rescindable protection
- Coverage for non-profit entity, trustees, employees, volunteers, committee members, faculty and staff
- Coverage for Union Shop Stewards, collective bargaining and personal injury
- Administrative fines and penalties and punitive damages where insurable
- Blanket outside directorship coverage for non-profits and Canadian for-profit organizations
For more information please contact Geoffrey H. Binks , Commercial Division (613) 226-1350
