Provided by Specialty Group

Board Talent Protection

Should you lose a board member to disability or death, we will support you in finding a replacement.

Overview

The sudden loss of a key member of the board can have a shocking and sometimes devastating impact on any business.

There is almost always someone out there perfectly suited to plug the gap, but identifying that individual can be a lengthy and costly process. Our Board Talent Protection provides the financial resources you need to fund a search for your next irreplaceable board member.

Highlights

  • $200,000 benefit for each outside audit committee member
  • $100,000 benefit for each outside director

Summary of coverage

Companies often struggle to attract and retain the best available board members. The loss of such talent can be devastating. Board Talent Protection provides the financial resources to fund a search for replacement board members.

It also provides existing board members with accidental death and presumptive disability coverage. Having this type of coverage in place will help reduce board disruption and ensure an orderly board member transition.

Get in touch
Contact photo
Kathy Bouras

USA - Vice President of Prestige Underwriting

Your team

Directory
Head office

401 Edgewater Place Drive, Suite 400
Wakefield, MA 01880

(781) 994-6000
Contact photo
Kathy Bouras

USA - Vice President of Prestige Underwriting

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why choose tmhcc

Why choose Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.

More about us Financial strength

Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.