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The
NAEYC
Directors
&
Officers
Employment
Practices
Liability
Plan
covers
all
directors, officers and
employees,
including
staff,
volunteers
and
committee
members.
The
policy
also
protects
the
assets
of
the
child
care
center
itself.
Policy
Features
-
Claims-made
policy
(The
policy
pays
for
claims
made
during
the
time
when
the
policy
is
in
force.)
-
Duty
to
defend
coverage
(The
insurance
company
has
a
"duty
to
defend"
a
claim
against
the
insured
center.)
-
Defense
costs
in
addition
to
the
limit
of
liability
(You
won't
use
up
the
total
benefit
amount
on
legal
expenses
before
you
have
to
pay
the
claim.)
-
Claims
are
paid
as
expenses
are
incurred
(so
you
don't
have
to
wait
for
reimbursements
and
face
a
cash
flow
problem.)
-
Definition
of
claim
includes
EEOC
proceedings
and
written demands
-
No
individual
insured
vs.
insured
exclusion
-
Covers
many
employment
exposures
including:
wrongful
termination
harassment
discrimination
failure to
promote
failure
to
provide
adequate
work
place
policies
and
procedures
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