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Loss Scenarios
Loss scenarios can be used to illustrate common loss exposures and to help explain how insurance coverage can play a role
in mitigating risk.
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Risk Management Resources
Direct access to valuable resources that help companies improve safety and prevent or mitigate losses.
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FFP EPL - Not-for-Profit Orgs
Chubb’s cutting-edge insurance protection and loss prevention tools can help guard not-for-profit organizations against EPL
claims.
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FFP D&O Liability - Not-for-Profit Orgs
Specifically designed to help protect not-for-profit-organization and their leaders from lawsuits arising out of their decisions
and actions.
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FFP Crime - Not-for-Profit Orgs
Helps protect not-for-profit organizations from “white collar” exposures, such as employee theft, embezzlement, forgery, and
computer fraud.
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FFP - Not-for-Profit Orgs
Not-for-profit organizations may choose up to five insurance coverages for managing some of their most critical individual
and organizational risks.
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ForeFront Portfolio - NFP Orgs Fiduciary Liability Insurance
Chubb Specialty Insurance
Do you need ForeFront PortfolioSM for Not-for-Profit Organizations? Check out our Risk Analyzer.
Under the Employee Retirement Income Security Act of 1974 (ERISA), fiduciaries—that is, any employee who has discretionary
authority over a plan or who assists in its administration—can be held personally liable for losses to a benefit plan incurred as a result of their alleged errors, omissions, or breach of their fiduciary
duties.
Moreover, designated fiduciaries may not be the only targets of such lawsuits; targets can also include the employer or the
plan itself. Suits can be brought by plan participants, participants’ legal estates, the Department of Labor, and the Pension
Benefit Guaranty Corporation alleging:
- Improper advice or disclosure.
- Inappropriate selection of advisors or service providers.
- Imprudent investments.
- Breach of responsibilities or fiduciary duties imposed by ERISA.
- Conflict of interest with regard to investments.
- Lack of investment diversity.
- Negligence in the administration of a plan.
In order to help protect not-for-profit organizations, their fiduciaries, and the benefit plans they manage against fiduciary
liability claims, Chubb offers ForeFront Portfolio for Not-for-Profit Organizations Fiduciary Liability Insurance coverage.
ForeFront Portfolio for Not-for-Profit Organizations Fiduciary Liability Insurance is the surprisingly affordable insurance
solution. Please contact your agent or broker or email csi-info@chubb.com with questions.
To view other ForeFront Portfolio for Not-for-Profit Organizations coverages, please select one of these items:
Search our Forms & Applications
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