Yes, ATD has a D&O insurance policy via Lockton Financial Services that chapters can participate in:
- D&O insurance covers directors and officers in the decisions they make in the management of the chapter. Employment practice liability, including wrongful termination and misrepresentation, harassment, and discrimination are covered under this policy.
- Any chapter with under $1 million in assets can be added to the policy with a standard premium of $450 per year not including taxes and fees.
- The policy runs from March 1 to March 1 of each year, and chapters can be added at any time in the first six months.
- Each chapter has a $1 million limit plus the corresponding sales tax.
Chapters interested in participating can access the application and more information here.