What is the difference between the Directors & Officers Liability policy and a General Liability policy?
This issue has caused quite a bit of confusion over the years. It is important to note that both policies cover exactly the same entities and people: the Dixie Youth league itself and its directors, officers, employees, and volunteers. However, each policy protects against a different type of lawsuit. The General Liability policy primarily protects against covered lawsuits alleging the league and its people have negligently caused “bodily injury” to a spectator or player. The policy also provides protection against other types of covered lawsuits such as “property damage” and “personal injury” which includes slander and libel. On the other hand, the Directors & Officers Liability policy protects against certain types of lawsuits that are not covered by the General Liability policy. The types of lawsuits that the Directors & Officers Liability policy is meant to cover include those alleging purely economic damages or that someone’s rights have been violated under state, federal or const
This issue has caused quite a bit of confusion over the years. It is important to note that both policies cover exactly the same entities and people: the Dixie Softball league itself and its directors, officers, employees, and volunteers. However, each policy protects against a different type of lawsuit. The General Liability policy primarily protects against covered lawsuits alleging the league and its people have negligently caused “bodily injury” to a spectator or player. The policy also provides protection against other types of covered lawsuits such as “property damage” and “personal injury” which includes slander and libel. On the other hand, the Directors & Officers Liability policy protects against certain types of lawsuits that are not covered by the General Liability policy. The types of lawsuits that the Directors & Officers Liability policy is meant to cover include those alleging purely economic damages or that someone’s rights have been violated under state, federal or co
This issue has caused quite a bit of confusion over the years. It is important to note that both policies cover exactly the same entities and people: the sports organization itself and its directors, officers, employees, and volunteers. However, each policy protects against a different type of lawsuit. The General Liability policy primarily protects against lawsuits alleging the sports organization and its people have negligently caused “bodily injury” to a spectator or player. The policy also covers other types of lawsuits such as “property damage” and “personal injury” which includes slander and libel. On the other hand, the Directors & Officers Liability policy protects against certain types of lawsuits that are not covered by the General Liability policy. The types of lawsuits that the Directors & Officers Liability policy is meant to cover include those alleging purely economic damages or that someone’s rights have been violated under state, federal or constitutional law. Examples
