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Labor Professional Liability Insurance

Euclid Specialty offers customized professional liability coverage for labor unions and labor non-profit entities. Labor entities need unique insurance coverage because their core mission of collective bargaining is typically excluded in standard professional liability insurance policies. Basic coverage provisions include:

The policy provides two important basic benefits, defense and indemnity: (1) the policy pays for the cost of defending a union/labor non-profit entity, officer or director accused of violating any of the four areas referenced above; and (2) the policy also indemnifies the union/entity, officer or director for their alleged breach of duty and negligent error or omissions in the event of a settlement or judgment of liability.

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