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Risk Management
 
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Our Management and Professional Liability policy was designed especially for credit unions. This policy helps ensure that your credit union, staff, directors and volunteers are protected.
 
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Our comprehensive coverages, combined with our risk management expertise, helps keep your credit union and staff protected.

  • Management Liability—Protects your credit union and the personal assets of your directors, officers, volunteers and employees against lawsuits related to management of your credit union.
  • Lender Liability—Pays on behalf of any insured, loss as a result of a claim brought by a borrower for a wrongful lending liability act or a wrongful vicarious lending liability act.
  • Fiduciary Liability—Pays on behalf of any insured, loss as a result of a claim for a wrongful fiduciary liability act.
  • Professional Liability—Pays on behalf of any Insured, Loss as a result of a claim for a wrongful credit union services liability act.
  • Employment Practices Liability—Protects the credit union and other insured persons such as directors, officers or employees for loss they are legally obligated to pay related to current, past, future or prospective employment for employment practice violations.
  • Enhanced Defense Reimbursement—First-of-its-kind industry coverage that provides reimbursement for defense costs associated with certain losses that are otherwise excluded from any policy.  Learn more about this new coverage.
  • Personal Excess Liability (new)—Provides a stand-alone limit for each named insured person when the Management Liability Individual coverage limit has been exhausted.

For details, simply complete this Request Information Form or call your Sales Executive (800.798.0770).

Go to the Protection Resource Center for additional tools!



1 Now & Next Employment Law Alert; statistics from the Equal Opportunity Employment Commission, February 2015. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Insurance products offered to financial institutions and their affiliates are underwritten by CUMIS Insurance Society, Inc. or CUMIS Specialty Insurance Company, members of the CUNA Mutual Group. Some coverages may not be available in all states.

MGMT-834923.3-1215-0118