What it does
CG 20 20 adds as insureds (1) the named insured's members, but only for their liability for its activities or activities they perform on its behalf, and (2) its trustees or members of the board of governors while acting within the scope of their duties.
Who needs it
Nonprofit charitable organizations whose members and board participate in programs and governance.
Key provisions and limits
- No schedule.
- Coverage applies only to the extent permitted by law.
- Contract-based limits: coverage is no broader than any contract requires, the most paid for the additional insured is the lesser of the contract-required amount or the policy limits, and the endorsement does not increase limits.
Quoting and selling notes
- Board members' management decisions are a D&O exposure, not covered by the CGL.
- Volunteers are already insureds under the current CGL coverage form as "volunteer workers" while performing duties for the insured.
