Director and Officers liability insurance protects your personal assets when:

• You serve as a director, officer or trustee of a for-profit or nonprofit board of director's
• Traditional insurance is denied, unavailable or rescinded due to criminal or fraudulent activities.

Coverage may also be provided for antitrust, unfair trade practices, defamation or breach of contract.

A personal umbrella or excess liability policy also insures your liability as a director or officer of a nonprofit board, such as a homeowner's association; however, that policy only provides insurance for claims from personal injury and property damage.