Group Directors' and Officers' Liability Insurance Program

Group Property and General Liability Insurance Program

The Feed Ontario Group Commercial program offers affordable   insurance for members and agencies of Feed Ontario (formerly the Ontario Association of Food Banks), especially those with smaller capacity, and incredible savings for those that currently carry coverage. The low premiums can only be offered by having many members participate.

By joining this program, not only are you protecting a valuable asset to your community, you are helping other food banks keep their insurance costs down.  

 

Directors' and Officers' Liability

& Property & General Liability

Group Insurance Programs

“Binks Insurance Brokers Limited saved us over 70% on our insurance! I highly encourage other members to participate in this program.”  ~ Brampton Food Bank ~

Helping You

Help Those In Need

2019-2020

Binks is proud to be the exclusive Insurance Broker for the members of Feed Ontario (formerly the Ontario Association of Food Banks (OAFB)). We are pleased to work with Feed Ontario to administer the insurance program tailored to meet the 

specialized needs of Food Banks and their associated agencies.  

Binks Insurance Brokers and Feed Ontario have worked together to help you get the protection you need at a reasonable price. These insurance policies are designed to take the hassle out of finding reliable coverage for you and your agency food banks. Best of all, buying coverage through the plans endorsed by Feed Ontario means affordable group rates. 

Group Directors' and Officers' Liability  

As a Director or Officer of a non‐profit association such as a Food Bank, you face personal liability for your actions (or non‐actions) in carrying out your duties.  

Many non‐profit associations carry D&O to protect their board members from losing their personal assets in the case of an expensive and unpleasant lawsuit.  

Defence costs can be excessive. Claims can be frivolous in nature, but once brought forward must be defended. If the claim against you is decided to have merit, judgements can be devastating to the organization, as well as to your own personal assets. 

Group Property and General Liability Insurance  

Our main goal is to offer a package policy that is both an easy administrative process and which provided exceptional coverage at extremely affordable prices.   

The package includes extensions needed by Food Banks:  coverage for volunteers; and 50% additional coverage for peak season, when food

banks are at their busiest and have their largestinventories.

Food Banks across the province are already benefiting: smaller operations are now insured sometimes for the first time, thanks to the affordability of the package, while larger operations are saving as much as 70% while actually increasing their coverage. Significant member participation is needed to be able to continue to offer this valuable program.  

Why should your Board of Directors carry Directors’ and Officers’ Liability?

1. D&O insurance is protectionagainst actual or alleged breach of"duty" by the directors andofficers.

2. This policy covers legal costs,defence and lawyer's fees.

3. D&O insurance covers you, theboard and the organization againstliability arising out of wrongful acts(misstatement, misleadingstatements, or breach of duty).

4. Without it, you and your spouse'spersonal assets are at risk.

If you have any additional questions, please do not hesitate to contact 

Claude Miron at 1-877-302-4657 or e-mail c.miron@binks.ca

Group Commercial

 Insurance Programs

General Liability & Property Program

Send application to:   Attention: Claude Miron  Binks Insurance Brokers Limited 100- 881 Lady Ellen Place Ottawa, ON K1Z 5L3c.miron@binks.ca Ph: 613-226-1350 

1-877-30-BINKS (2-4657) Fax: 613-226-7029

Any Claims in the past 5 years? Yes No If yes, provide full details including date, type of loss, amount paid and outstanding:

How many volunteers do you have? How many Full / Part time Employees?

What were your annual revenues last year? What is your estimate for this year?

List of Activities/programs, including the revenue generated from each:

List of Activities that include the sale of alcohol:

Commercial General Liability Coverage required : $2,000,000 $5,000,000 

Building Limit $__________________ Equipment Limit $___________________ Stock Limit $___________________

If Building coverage is required – the attached Location Information Sheet must be completed.

Boiler & Machinery option? Yes No If yes, please contact Binks Insurance Brokers Limited for additional cost. 

I declare that to the best of my knowledge the statements set forth herein are true. Signing of this application does not bind the applicant or company to complete the insurance, but it is agreed that this form shall be the basis of the contract should the certificate be issued.  

Signature: Date:

Full Name:

Corporation / Partnership /Individual

Name of Contact Person:     Phone:   ) ( 

Mailing Address:  

Location Address :   

Full Description of Operations:

Previous Insurer:     Policy #: Expiry Date:

Previously Declined or Cancelled?  Yes No If yes, provide full details:

Charity Protect/Non-Profit Protect Coverage Highlights

PROPERTY

Coverage is provided for losses caused by direct physical loss or direct physical damage arising from ALL RISKS, unless otherwise excluded. The base wording includes replacement cost, by-laws and debris removal with limits for each coverage falling within the overall property coverage limit on the policy. Coverage is also provided for newly acquired building(s) and contents at newly acquired locations ($1,000,000 combined limit per term).

The following EXTENSIONS, which are in addition to the overall property coverage limit, are included as part of our base Charity Protect or Non-Profit Protect offerings:

• Accounts Receivable ($500,000)• Additions Under Construction ($500,000)• Arson, Theft and Vandalism Reward ($10,000)• Automatic Fire Suppression System Recharge

Expense ($500,000)• Bequeathed Property ($50,000 subject to

maximum of $5,000 per item)• Brands and Labels ($500,000)• Building Damage by Theft ($500,000)• Computer System Breakdown Coverage

($25,000)• Consequential Loss Assumption ($500,000)• Consequential Loss Assumption (Off Premises

Power) ($50,000)

• Contingent Liability from Enforcement of Building By-Laws ($500,000)

• Cost of Preparing Proof of Loss ($500,000)• Crisis Management ($10,000)• Emergency Services Damage to the Grounds

($500,000)• Environmental Upgrade ($25,000)• Fire Department Service Charges ($500,000)• Growing Plants, Trees and Shrubs or Flowers

in the open ($1,500 per item and $25,000 in the aggregate)

• Installation Floater ($500,000)• Lock and Key Coverage ($500,000)• Metered Water ($500,000)

• Newly Acquired Contents at Insured Premises (25% of contents limit)

• Personal Property of Officers, Employees, Administrators or Teachers ($10,000)

• Personal Property of Students and or Volunteers (Maximum recovery of $250 per student / volunteer, $10,000 per Occurrence)

• Pollutant Clean Up and Removal ($25,000)• Private Roadways, Walkways, Parking Lots

($25,000)• Special Event Automatic Increase (25% of

contents limit)• Tenant’s Glass ($500,000)• Valuable Papers and Records ($500,000)

• Donated Goods while at the premises ofemployees or volunteers ($500 per itemsubject to $5,000 maximum at anyone location)

• Property while at Exhibitions/Craft Shows/Concerts ($500,000)

• Property in Transit ($500,000)

• Property temporarily removed from premises/Unnamed Locations ($500,000)

• Temporary accommodation for resident staff,storage & kennel accommodation for shelteranimals ($25,000)

Property – On Premises Extensions Per Occurrence limits are provided for each individual extension shown and are subject to a maximum “basket” aggregate limit of $500,000 for all extensions combined:

Property – Off Premises Extensions Per Occurrence limits are provided for each individual extension shown and are subject to a maximum “basket” aggregate limit of $500,000 for all extensions combined:

www.ecclesiastical.ca

OPTiOnal PROPERTY COvERagEs (subject to Underwriting Rules)

• Course of Construction• Comprehensive Equipment Breakdown

coverage including electronic circuitryimpairment (TechAdvantage™)

• Cyber cover• Flood & Earthquake• Sewer Back-Up

CRiME

liaBiliTY COvERagEsThe following coverages are available as part of the package:

vOlUnTEER PROTECTiOn COvERagEs

OPTiOnal liaBiliTY COvERagEs

• Employee Dishonesty Commercial BlanketBond (Form A) – ($50,000)

• Addition of Volunteers as Employees• Broad Form Money & Securities (In) – ($10,000)• Broad Form Money & Securities (Out) – ($10,000)• Special Events and Holiday Increase limits

(50%) for Broad Form Money & Securities(In and Out)

• Money Orders & Counterfeit PaperCurrency – ($25,000)

• Depositor’s Forgery – ($25,000)• Credit Card Forgery – ($25,000)• Computer Fraud and Funds Transfer Fraud –

$10,000• Incoming Cheque Forgery – ($10,000)

• Auditors’ Expenses – ($25,000)• Third Party Extension ($10,000 per policy term)• Collection Boxes ($50 per box, $1,000 per

policy term)

• COMMERCIAL GENERAL LIABILITY(Nil Deductible)

• Bodily Injury and Property Damage onan Occurrence Basis

• Personal Injury• Advertising Injury including Copyright,

Plagiarism and Domain Name• Products and Completed Operations• Medical Payments ($10,000 per person)• Employer’s Liability (Maximum limit is CGL

limit) – (Subject to underwriting rules)• Voluntary Compensation for Employees

• Contingent Employer’s Liability• Incidental Medical Malpractice• Volunteers Included in Defi nition of Insured• Cross Liability/Separation of Insureds• Blanket Contractual (Written) Liability• Defense Costs in Addition to Policy Limits• Media Expense Endorsement ($50,000

annual aggregate)• Hostile Fire• Employee Benefi ts ($1,000 Deductible)• Elevator Legal Liability• Liberalization Clause

• Broad Form Tenant’s Legal Liability($1,000,000 – $1,000 Deductible)

• Non-owned Automobile SPF # 6/QPF # 6 –(Maximum limit is CGL limit)

• Physical Damage to Hired Vehicles – (AllPerils $50,000 Limit – $1,000 Deductible –SEF # 94/QEF # 6-94)

• Contractual Liability – SEF # 96/QEF # 6-96• Liquor License Liability• Non-owned Watercraft (Up to 8 meters

in length)• Medical Payments (Including donation

collectors) – $10,000 per person

• Personal Property of Volunteers (Maximumrecovery of $250 per volunteer, $10,000aggregate per policy year)

• Volunteers included in defi nition of Insured• Donated goods while temporarily stored at

the premises of volunteers ($500 any oneitem, $5,000 any one location)

• Cost to attract volunteers following a loss

• ABUSE – Occurrence Basis (For qualifying risks). Up to $15,000,000 Annual Aggregate limits for Compensatory Damages or Civil DefenseCosts with extensions of coverage for Criminal Defense Costs ($50,000) and No Fault Medical, Rehabilitation and Counselling ($25,000 PerClaimant/$50,000 Annual Aggregate) and Crisis Management Coverage Extension ($25,000).

Charity Protect/non-Profi t Protect Coverage Highlights

Ecclesiastical Insurance Offi ce plc is a specialist provider of insurance solutions and services designed to protect and preserve Canada’s distinct communities, cultures and heritage. Products or services may not be available for all organizations and coverage is subject to the actual policy language issued to policyholders.

Option to purchase higher limits than shown above available

BUsinEss inTERRUPTiOn COvERagE

Per Occurrence limits provided for each individual extension shown are subject to a maximum “basket” aggregate limit of $250,000 for all extensions combined:

• Actual Loss Sustained ($250,000)• Extra Expense (no monthly limitation) ($250,000)• Professional Fees ($250,000)• Expediting Expenses ($250,000)• Interruption by Civil Authority (30 days)• Exhibition Expenses ($50,000)• Temporary Storage Facilities (10% of business

interruption reported for location affected)

• Leasehold Interest ($100,000)• Off Premises Power Interruption $50,000

(24 hour waiting period)• Failure of Telecommunications Service

Extension ($10,000 per Occurrence)• Infectious Disease, Murder/Suicide, Food

Poisoning, Defective Sanitation & VerminEvacuation Extension ($100,000 perpolicy term)

• Bomb Scare ($10,000 per policy term)• Contingent Business Income ($20,000

per Occurrence)• Fundraising Expenses ($25,000 per Occurrence) • Cost to Attract Volunteers ($10,000

per Occurrence)

Feed Ontario 1 of 2

Apr. 26/19 © 2019 Victor Insurance Managers Inc.

ApplicationNon-Profit Organization

Directors and Officers Liability

1. Name:

Contact:

Telephone Number:

2. Address:

3. Attach a list of all directors and officers.

4. For the last fiscal year-end, indicate:

(a) Total Revenue: $ (b) Surplus or (deficit): $

5. Has any similar insurance to that proposed herein, on behalf of the organization, been declined, cancelled or

renewed? YES NO

If yes, provide date(s) and attach details.

6. (a) Has any claim or suit been made or is any claim now pending against the organization or any other person(s)

proposed for this insurance? YES NO

(b) Has any suit or legal action been filed by or on behalf of the organization against any person(s) proposed for

this insurance? YES NO

(c) Has the organization within the last three years been the subject of any inquiries, complaints, notices or

hearings by any Federal or Provincial regulatory authority? YES NO

(d) Is the undersigned or any other person(s) proposed for this insurance aware of any fact or circumstance

involving the organization, the directors or officers of the organization which he/she has reason to believe

might result in any future claim which would fall within the scope of the proposed insurance? YES NO

If yes to the above, attach details.

WITHOUT LIMITATION TO ANY OTHER REMEDY AVAILABLE TO THE INSURERS, THE PROPOSED

INSURANCE WILL NOT AFFORD COVERAGE TO ANY CLAIMS OF WHICH ANY PERSON PROPOSED

FOR THIS INSURANCE HAS KNOWLEDGE NOR ANY CLAIMS RESULTING FROM ANY FACTS OR

CIRCUMSTANCES OF WHICH ANY PERSON PROPOSED FOR THIS INSURANCE HAS KNOWLEDGE.

7. Limit Requested: $1,000,000 $2,000,000 $5,000,000

8. Effective Date:

Please forward application to:

Binks Insurance Brokers Limited

100-881 Lady Ellen Place Ottawa,

Ontario K1Z 5L3 Telephone

613-226-1350 Facsimile

613-226-7029

c.miron@binks.ca

www.binks.ca

Feed Ontario 2 of 2

Apr. 26/19 © 2019 Victor Insurance Managers Inc.

APPLICANT’S CONSENT TO THE TRANSMISSION OF THE

INFORMATION CONTAINED IN THE APPLICATION FORM

I hereby acknowledge that the information collected in the Application form is acquired by my insurance broker to

be transmitted to Victor Insurance Managers Inc. for the sole purpose of obtaining an insurance policy, and will be

kept confidential.

Moreover, I authorize Victor Insurance Managers Inc., its insurers or service providers to:

conduct verification, using outside sources, of the information contained in the Application form, in attached

documentation and in subsequently provided documentation;

in the event of a claim, transmit the submitted and verified information to loss adjusters, lawyers or other

similar offices for the purposes of investigating, defending, negotiating or settling any claims, as required.

For more information on Victor’s privacy policy, please contact privacypolicyinquiries@victorinsurance.com.

DECLARATIONS AND SIGNATURE

The undersigned authorized officer of the organization, on behalf of the organization and all person(s) proposed for

this insurance, declares that, to the best of his/her knowledge and belief, the statements set forth herein are true and

correct and that reasonable efforts have been made to obtain sufficient information from each and every person

proposed for this insurance to facilitate the proper and accurate completion of this Application form. The

undersigned further agrees that, if any significant change in the condition of the applicant is discovered between the

date of this Application form and the effective date of the policy, which would render this Application from

inaccurate or incomplete, notice of such change will be reported in writing to Victor Insurance Managers Inc.

immediately. Although the signing of this Application form does not bind the undersigned on behalf of the

organization or any person(s) proposed for this insurance, to effect insurance, the undersigned, on behalf of those

persons(s) proposed for this insurance and organization, agrees that this form and the information furnished pursuant

hereto shall be the basis of the contract should a policy be issued and this form will be attached to and become part

of the policy.

Signature of the President or Executive Officer Date (dd/mm/yyyy)

Premium Matrix

(Please indicate the premium for your annual revenue range under the coverage limit chosen.)

Limit $1,000,000 $2,000,000 $5,000,000

Annual Revenue Annual Premium (add 8% PST)

Under $350,000 $315 $420 $630

$350,001 to $750,000 $525 $682 $1,050

Over $750,000 $735 $945 $1,470

Director's and Officer's

Insurance Program

Product Information Sheet

Limits of Liability

• Limit Per Claim• Aggregate Limit

Insuring Agreements

As per each individual certificate $5,000,000

A Insured Person and Entity Liability B. Non-Profit Outside Directorship LiabilityC. Employment Practices LiabilityD. Fiduciary LiabilityE. Penal Defence Cost LiabilityF. Duty to Defend

Description and Extensions

• Coverage will be based on ENCON's Claims-Made Non-ProfitEntity Management Liability Insurance policy form EIM-NPE-2008,subject to policy exclusions

• Defence Costs included in the limit of liability• Definition of Claim includes non-compensatory and punitive

damages• Including trustees, employees, volunteers and committee members

in definition of Insured Person• T he Bodily Injury/Property Damage exclusion does not apply to

Employment Practices claims alleging mental anguishSub-limit of $1,000,000 for defence costs for non-indemnifiablepollution claims

• Territory: Worldwide, however policy responds only to suitsbrought in Canada

Policy Extensions

Spousal/Domestic Partner liability coverage • Pending or Prior Litigation Date - to inception of policy

Exclusions

• Professional Services Exclusion

Deductibles/Retentions

• No deductible/retention applies

Feed Ontario Directors' & Officers' Liability F.A.Q.

Q;:'!"/.llo is eligible !or,.�l)i� p!�11?

�: i All.9>\FB m_e",l�/i_rs __ as ,:,:,ell as 5he f!?,c>�_�anks they.serve .with_in .:their community.

_Q. What liabilit>:)imits are availablef'

, A. _$1.000,000, $2,000,000, and $5,000,0_Q_O, This ��oice aUovis1 · Boards of various sizes and complexities to choose an;, 'appropriate limit for their food bank.A pricing matrix )comparing operation size has been designed t� ass.ist with the (_df!�i�io11 ��kjng p_r<>cess.: · '·

;RWha�d��s-��E:P�li�y �oy�r.!

. A. '.'TheWrongf�I Ac"cs �f th� bTrec:i:ors and citif�ers �i your Food" · . Bank". In other words, if Board members do not fulfill theif · ·

: dutie;a:s ��t out i� the"tiyla�� �ncfacco�di�g to �ny ippiic�ble . legislation, they are open to being sued. If the food bank does'. '.' not have Directors' and Officers' Liability insurance.ALL LEGAL rCOSTS AND AWARDS FALL DIRECTL{ON THE FOOD \ BA�-iK,TH

0

E BOAR[) MEMBERS AND Tl·lEIR PERSC>NAL; : SAVINGS. In addition to the Board of Directors, coverage also· : extends to the organisation itself, as ,well as all food bank"'" ,., 'e�ployee�'. volunteers and committee members.·,

Q:: Doesn't my Standard Liability, Policy o� .. my Business, . ' Q.�.n�'-J ,P.<>JiH' -��'t�rthll�� !�Jr1gsf ...

:A/ NO. Standard General li�bility policies extend 'coverage to· ' .. _,,..f include directors and officers of the food banks, but oniyjcfr·,

,bodily injury or property damage.These policies DO NOT' ;��V_E:'f Bo_ards forW,r9_ngful J\c:� in c:on�ucting the business of a inon-profit O�?nizatioil.

:Q:::How much does this program cost?

.A: -As a group insurance program, the rates will likely be _much_: 'lower than what you are currently paying. Some members have ; seen their rates cut by more than half. Pleise c�n�ct Binks' . ilnsurance for. more inf�rm'ation:'"" .. . . . ....... ,. .. .

: .er.can I purchase this �olic_r/rom my.local broker?-

'A. ·, NO.This is a group program only available to_Feed Ontario

members through Binks Insurance Brokers LImited

, The above explains the general purpose of the insurance described, but in : no way changes or affects the coverage afforded under the policy. For a full description of the policy provisions, refer.to your.certificate of,.--·· ·

l�9��rgg"- �1!1.��-m�s._,erpp_ncr, - ·-· . , ..

If i�ii haY.�i;any·���it.i�natq�esti<>n-�l

ple-!-�e ��:_n�,t: h�sit_��e �§, cont��!

Claude•Miron:-af 1-877-302-4651.-or.

;���ii ���-i��n@f�i�'i�s.ca:" ·