Not-for-Profit Risk Protector™

Coverage enhanced with automatic coverage for leased employees, volunteers or independent contractors, expanded definition of a claim to include non-monetary demands or injunctive relief and more.

Features & Benefits

  • Individuals Covered - Protects a broad range of individuals including volunteer and temporary employees as well as indemnified independent contractors and indemnified leased employees

  • Indemnification Uncertainty Eliminated - Early advancement of defence costs for individuals where the company fails to indemnify for any reason

  • Additional Side A Limit - Offers additional limits for executives when loss arising from a claim cannot be indemnified by the company

  • Privacy & Personal Injury Violation - Individuals and company covered for a violation of a person’s right of privacy, defamation, false arrest, copyright and trademark infringement

  • Severability - Reassures individuals that their coverage cannot be jeopardized by the behaviour of others

  • Foreign Jurisdictions - Ensures the most favourable terms and conditions from local AIG policies are applied to claims in foreign jurisdictions


  • Entities covered - Extends to broad range of entities including:
    • Non-profit subsidiaries created or acquired during the policy

    • For-profit entity acquired during the policy period whose assets are less than threshold (20% of consolidated assets)

    • Flexibility to add affiliated organizations by endorsement
  • Broad Entity Coverage Triggers - Includes: 
    • Violations of Canadian environmental laws (provided an executive is a co-defendant)

    • All wrongful acts, including anti-trust, defamation, violation of privacy, and infringement of copyright or trademark
  • Loss - Coverage much broader than defence costs and judgments or settlements:
    • Statutory liabilities - Coverage not just for statutory taxes owing by Executives but for any unpaid non-indemnified statutory liabilities assessed against Executives in a “Statutory Claim”

    • Civil penalties assessed against individuals under foreign corrupt practices legislation

    • Costs incurred by individuals detained, imprisoned or extradited due to their business activities, even absent a claim
    • Crisis firm costs for Executive to mitigate personal reputational damage of negative press ($100,000 per executive/$500,000 aggregate sublimit) 

    • Costs of Executives to oppose enforcement attempts to seize personal assets or property ($50,000 per executive/$250,000 aggregate sublimit)

    • E-Discovery- first $25,000 incurred in Securities Claim subject to no retention
  • Pollution Coverage - Broad cover for loss, other than clean-up costs for:
    • Non-indemnifiable claims against individuals

    • Claims (including administrative or regulatory proceedings) against individuals and the company(provided an executive is a co-defendant) alleging violation of Canadian environmental laws