Association Insurance Coverages

FTJ's licensed agents have decades of experience in business insurance. Our vast knowledge of insurance allows us to help clients make informed decisions about coverage options and policy limits, which in many cases results in substantial savings.

When FTJ handles your insurance coverages, you benefit in several ways:

• Familiarity. One call connects you to one agent who is knowledgeable about all of your insurance policies.
  
• Safety. Managing your entire insurance portfolio allows us to eliminate overlapping protection while also assuring there are no coverage gaps.
  
• Convenience. We can arrange common billing date and coverage periods on all or your policies or arrange payment cycles that are advantageous to our organization.

Following are the essential insurance coverages for associations:

General Liability & Property Insurance
Association Professional Liability Insurance
Convention Cancellation Insurance
Errors & Omissions Insurance
Cyber Insurance

Through our unique relationship with several top-rated underwriters, FTJ can provide favorable pricing and flexible policy design to our association clients.

Our General Liability and Property Package is specifically designed for not-for-profit organizations, professional services and technology services. This means broader coverage for associations and less likelihood that a risk will go uncovered.

Our relationship with our carriers grants us authority to issue Certificates of Insurance, thus saving your organization valuable time. This is an important element that must be satisfied when contracting with hotels, meeting sites, and convention centers.

The package policy provides comprehensive liability coverage for your association, including general liability, business personal property, monetary losses, and building expenses.

General liability protects an association from claims related to bodily injury, property damage or reputational harm caused to others. General liability coverage pays for:

• Medical expenses, lost wages, and other damages if a person is injured on the business premises or by the business's products or services.
• Damage to the property others caused by employees in the course of their work.
• Personal injuries such as libel, slander or other reputational harm to others caused by the business.
• Claims related to false advertising or infringing on the intellectual property of other businesses or individuals.
• Attorney's fees, courts costs, and judgments or settlements if a legal action is involved.

Property Insurance protects a business's physical assets such as buildings, equipment, furniture, and inventory against damage or loss due to various perils, including fire, explosions, burst pipes, severe weather, theft, and vandalism.

This form of insurance covers buildings that are owned or leased, including exterior elements such as signage or fences. It also covers operating expenses and/or loss of income if the business is forced to temporarily close due to a covered loss.

Commercial property insurance does not cover losses from:

• Wear and tear, which is damage caused by normal aging or deterioration of a property or asset.
• Earthquakes and floods unless specifically added as an endorsement to the policy.
• Acts of war, nuclear disasters, or events resulting from government actions. 

Automatic Additional Insured. Coverage under the package policy is automatically provided when required in a written contract, agreement or permit, such as an agreement with a meeting or convention facility.

A full list of coverage details, limits and options will be provided when you request an instant online premium quotation.

The Association Professional Liability Insurance (APLI) is designed specifically for associations. Through FTJ, it provides broader protection in several important areas when compared with traditional Directors & Officers (D&O) policies. APLI covers:

• An association’s directors, officers, employees, volunteers and committee members. That’s particularly important in the nonprofit environment, where administrative decisions can extend throughout an organization.
• The association itself as legal entity when named as a defendant, which is a current trend in litigation. Traditional D&O policies may only cover legal actions against individuals.
• Wrongful termination and employment-related lawsuits, including defense costs.

Other policy features include: first-dollar defense for qualifying accounts; prior acts coverage; third-party coverage; broad definition of employees (volunteers, leased, seasonal and part-time) as Insured Persons; non-monetary relief is part of the definition of a claim; and up to $500,000 in sublimit coverage for defense of claims under the Fair Labor Standards Act.

These are just a few of the APLI policy features that benefit associations. Ask your FTJ agent about others.

If revenue from an annual conference is a line item in your association's budget, you need convention cancellation insurance.

Think of the predicament you'd be in if that revenue disappeared or declined sharply.  FTJ's Convention Cancellation Plan protects against losses due to weather, natural disasters, terrorism, labor disputes or threats, which result in convention cancellation, interruption, postponement or reduced attendance.

In addition, this plan covers:

• Collapse of roof or flooding at a convention facility (including costs to reschedule);
• Costs incurred to avoid or minimize loss;
• Unscheduled workshops, seminars and planning meetings under $50,000;
• Physical loss of business personal property at the venue or while in transit;
• Non-appearance of a principal speaker or entertainer;
• Failure to vacate the event facility on time;
• Claims for damages, costs or compensation by the owners or management of the meeting or convention facility.
  

You’re in the business of providing professional services and expertise to your group’s members. However, if a problem arises, is your association properly protected from potential damages? That’s where FTJ’s Errors & Omissions plan comes in handy, covering possible risks that are normally are not part of a general liability policy. E&O insurance protects against negligence claims of financial losses to another person or firm, as well as covering the legal costs to contest those claims. FTJ can provide protection up to $20 million.

Some of the plan’s features include:

• Definition of professional services tailored to each risk, standards/ accreditation/ certification, technology and publishing.
• Punitive damages with most favorable venue provisions where allowed by law and clause giving insured more control over settlement.
• Innocent officers and employees insured for conduct of “rogue” employees.
• Coverage for expenses related to claim proceedings.
• Negligent discrimination in the conduct of professional services and a carve-back that provides a defense for claims of intentional harassment, misconduct or discrimination until final adjudication.
• Coverage for a wide variety of professional classes and firms of all sizes, with a $1,000 minimum premium for a limit of $1 million.

Split limits for each wrongful act is an optional feature. Other options include coverage for: prior acts; defense for regulatory actions; crisis management and public relations expense; and enterprise privacy.

A full list of coverage features, limits, and options will be provided with a premium quotation.

It’s not just the big companies that have to be prepared for a potential cyber attack. In fact, small businesses and are targeted nearly four times more often than large organizations.* If your organization uses the internet, maintains a social media presence, handles electronic payments or keeps personal data on clients or employees, you should consider cyber coverage. Our cyber liability insurance for associations and non-profit agencies offers a comprehensive package that covers your potential losses and liability for customer data breaches with limits up to $10 million.

Here’s a summary of what’s covered:

• First Party Coverages – Insured for restorations costs when a breach damages data assets. Other expenses covered include legal, forensics, notification and identity theft prevention. Also included in the coverage are PCI (Payment Card Industry) violations, network disruptions that lead to lost profits and extra costs, reputational harm that leads to lost profits, and protection from cyber criminal activity, such as extortion and fraudulent electronic fund transfers.
• Liability Coverages – Your organization is insured against privacy-related and network security lawsuits, which range from malicious code transmissions to inaccessible systems and business impersonations. Also covered are defense costs related to regulatory fines and consumer restitution, as well as media lawsuits that include defamation and copyright infringement.
• Public Relations Coverages – We take a proactive approach to data breaches or claims made against your organization that are covered. With the help of PR consultants, we also help mitigate damage to the brand due to hackers or phishing attacks.

We also offer a menu of optional coverages that you can pick and choose based on your organization’s needs. Examples include eliminating sublimits on various claims and fines, a broader definition of what computers are covered, and multimedia liability. Third-party coverage protecting groups liable for additional losses incurred by clients is also available.

A complete list of coverage options and limits will be provided with an estimated premium quotation.

* 2025 Verizon Data Breach Investigations Report
 

The descriptions of coverage above are provided as a general overview. They are not legally binding and do not represent how the policies will respond in a particular situation. Please refer to policy language for coverage terms and conditions.