Directors and Officers Liability   Most seats on a condo assocation's board of directors are filled by volunteers, but that volunteer opportunity can turn into a living nightmare without the proper coverage. Adequate and affordable coverage is readily available; however, most boards or associations do not have adequate coverage. Instead they depend on their package policy to include Directors and Officers. This important coverage should not be an add-on, buy-back, or endorsed coverage; it requires careful thought. While the direct and nationally known carriers provide full D & O coverage, their coverage is often inadequate. How do you know what is adequate coverage? If you cannot answer yes to the following questions, your D & O is probably not sufficient. Does the definition of "insured" extend beyond the actual directors and officers? Does the definition of "insured" protect past, present and future directors? Does the definition of "insured" include committee members or volunteers? Does the definition of "insured" include employees? Does the policy cover spouses of directors and officers? Does the policy cover wrongful termination or other employer liability claims? Does the policy cover discrimination? Does the policy defend where there is a claim for failure to maintain or obtain adequate insurance? Does the policy provide coverage for the property manager? Does the policy cover libel and slander? While the exposure is complex, the solution is simple: Call Interstate for your Directors and Officers needs. We provide an adequate and affordable home for this coverage with A+ or better rated carriers. Debbie Clemons, Renewal Underwriter debbie@interstate-insurance.com 1.800.452.0297 Pennsylvania 2307 Menoher Blvd. Johnstown, PA 15905 CALL: 814-255-7878 FAX: 814-255-6010 1-800-452-0297