Charity Trustee Indemnity Insurance

Compare charity trustee insurance quotes starting from £198 annually

As a Willis Towers Watson Network insurance broker, we are experts in arranging trustee indemnity insurance to protect against personal liabilities

 What is trustee indemnity insurance?

Simon Taylor

Chartered Insurance Broker

Understand charity trustee insurance and receive quotes from the leading providers

Below you will find an expert guide on trustee indemnity insurance, otherwise known as trustee liability insurance. We can identify what the covers do and how they protect yourself from acting on behalf of an organisation or charity. Further information can be found at charity insurance.

 AXA XL Insurance Logo
 CFC Insurance Logo
 Chubb Insurance Logo
 MPR Underwriting Logo

What is trustee indemnity insurance?

Individuals that accept roles as trustees can be held personally liable while acting on behalf of your organisation. Trustee indemnity insurance offers a cost-effective mechanism to protect those individuals should an allegation occur. 

Trustee indemnity insurance (also known as trustee liability insurance) offers financial protection to individuals against civil, criminal and regulatory proceedings, which may arise while acting in their capacity on behalf of the organisation.

The cover is a common insurance protection required for trustees to accept their positions on the board. Trustee Indemnity insurance is the similar to directors and officers liability insurance, however it is specially designed for third sector and charitable organisations. 

Why trustee indemnity insurance is important?

Trustees acting on behalf of your non-profit or charity are exposed to numerous obligations and can become the target of legal proceedings during the course of managing a charitable organisation. The law generally seeks to protect individuals where they have acted in good faith and complied with their duties. However, every organisation should consider trustee indemnity insurance to offer a legal defence against allegations and protect their personal assets.

 Legal defence

Legal defence

 Damages awarded

Damages awarded

 Expert guidance

Expert guidance

Compare trustee indemnity insurance quotes starting from £198 annually or £16.50 monthly

Talk to an insurance expert about your specific needs

What can a combined charity insurance policy cover?

Most insurers will offer trustee indemnity insurance under a combined charity policy, allowing a selection of covers to meet the needs of the non-profit organisation.

Trustee indemnity

Provides individuals financial protection from civil litigation and regulatory investigations, while acting in their capacity on behalf of the organisation. The insurance will protect against legal costs in defending allegations and damages.

Fidelity insurance

Provides the organisation financial protection for the theft of property, money or securities from employee dishonesty or fraud. The standard offering is typically limited to Employee Cover, however some insurers may provide additional cover.

How do insurers calculate your trustee indemnity insurance cost?

Quotes can start from £198 annually or £16.50 monthly. Your activities and size are important, measured by turnover, total assets and employee numbers, will have an impact on how your trustee indemnity insurance premium is calculated.

A key consideration for insurers is your financial stability and operational history. If you maintain a strong revenue and profitability with little debt, you are likely to obtain more favourable terms for your trustees.

Talk to one of our insurance experts about your trustee insurance needs and we can compare quotes from the market to identify the cover you need for an affordable premium.

 How to calculate trustee indemnity insurance cost?

What other insurances do charity trustees need to consider?

Talk to an insurance expert about your charity trustee indemnity requirements