Leaders make daily decisions that impact the success of their Posts. As a leader, these VFW members are expected to accept the same guidelines and duties that the heads of major corporations follow: the duties of diligence, loyalty and care.

Despite leaders having the best interests of the Post at heart, mistakes can be made, and members or other Post employees may question the decisions of a leader. Costly claims could ensue, especially if the leader’s decision forced a financial burden on the Post. These claims of mismanagement or breach of fiduciary duties could threaten the personal assets of your directors, officers and trustees.

With Directors and Officers (D&O) Liability insurance from the VFW Post Insurance Program administered by Lockton Affinity, your board members and their personal assets are protected. D & O coverage defends against the following allegations and more:

• Members who feel that their contributions have not been used to further the aim of the organization.
• Members who disagree with a majority decision on the use of funds.
• Beneficiaries who feel they are entitled to more than they receive.
• State Attorney Generals who institute legal proceedings against the board for issues such as mismanagement of funds.
• Ex-club members who claim they were discriminated against.

D & O coverage from the VFW Post Insurance Program administered by Lockton Affinity extends coverage to past, current and future board members. Knowing their personal assets are always protected, your board members can do their job with peace of mind.

Coverage may not be available in all states and is subject to actual policy terms and conditions.  Coverage may be provided by an excess/surplus lines insurer which is not licensed by or subject to the supervision of the insurance department of your state of residence. Policy coverage forms and rates may not be subject to regulation by the insurance department of your state of residence. Excess/surplus lines insurers do not generally participate in state guaranty funds and therefore insureds are not protected by such funds in the event of the insurer’s insolvency.