An insurance policy that protects nonprofit organizations from claims alleging
management negligence, rather than those involving bodily injury (BI) or
property damage (PD). Association professional liability insurance is
synonymous with nonprofit directors and officers insurance. The forms are
similar to, although broader than, those covering the directors and officers of
for-profit companies. Unlike the latter, association professional liability
policies also cover employment practices liability (EPL) claims, the nonprofit
entity, and persons in addition to directors and officers (e.g., employees,
volunteers, committee members).