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Expert view: Don't assume you will never be sued - consider trustee indemnity insurance
By Alyson Pepperill, projects director for Giles Insurance Brokers, Third Sector, 28 March 2007
The provisions in the Charities Act 2006 that make it easier for charities to purchase trustee indemnity insurance from their own funds will have come as a surprise to some managers.
But such insurance is an important consideration for voluntary sector organisations of all sizes. In the past, some charities have found it difficult - if not impossible - to recruit new trustees, especially from the business sector, without this insurance protection for both the individuals and the organisations involved. If...
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