Trustee indemnity insurance covers the legal costs and expenses of defending against disqualification as a trustee, investigations or extradition proceedings, thereby protecting the trustee’s personal wealth. If your group has trustees, you should give serious consideration to trustee indemnity insurance. Cover is available from £250k to £1m.
Professional indemnity insurance covers the cost of defending your community group against allegations of professional negligence, such as giving poor or incorrect advice to a user of your services. This could be someone undergoing counselling with your group, for example.
Entity defence covers your community group against identity fraud, investigations (other than by HM Revenue & Customs), corporate manslaughter and breach of contract. Entity defence is included in your policy at no additional cost when trustee liability insurance is added to your policy. Cover for £25,000.