Why do I need more than one type of insurance?

Directors and officers (D&O) insurance covers liability for actions of the land trust board and staff and protects the land trust, something that an individual board member's own homeowners insurance will not do even if it has some protection for volunteer service. These practical pointers will help your land trust review coverage options with Directors and Officers insurance.

There is no set formula for the amount of insurance coverage for a land trust or an actuarial table for appropriate limits of liability and deductibles. Land trusts frequently purchase coverage through multiple types of insurance. These practical pointers describe how the various insurance coverages can fit together to provide comprehensive coverage for your land trust.

Unpredictable events involve risk which is a measure of the possibility that the future may be surprisingly different from what we expect. To fulfill its public service mission, land trust boards, employees and volunteers must manage risks effectively by countering the threats of loss and leveraging the opportunities for gain. A correctly tailored insurance portfolio is effective way to help manage risk.

​​Insurance is complicated. Reading the fine print to make sure you have the right coverage for your land trust’s risks can be difficult. Join Meghan Mullee, first vice president of Alliant Insurance Services, for a crash course on the basics of insurance coverage.

This chart lists types of insurance which land trusts frequently purchase and summarizes the coverage or lack of coverage associated with such policies.

This book provides an introduction to risk management in order to equip your land trust with information, resources and suggested strategies for designing and implementing a practical risk management program.

The Land Trust Alliance's New York office is pleased to offer this Lunch & Learn session with Meghan Mullee, of Alliant Insurance Services. During this session you will learn the basics, including policy must-haves and coverage red-flags.

Land Trust Standards and Practices, Practice 6E. Risk Management and Insurance, include two elements. This module addresses Practice Element 6E2.

This step-by-step assessment tool will help you write a customized risk management plan.

This document walks you through developing a risk management plan for your land trust.