Magazine article Training & Development

ASTD Adds Insurance, Member Discount Programs

Magazine article Training & Development

ASTD Adds Insurance, Member Discount Programs

Article excerpt

ASTD now is offering three new programs for members: director's and officer's liability insurance; YouDecide.com, which offers discounts on various products and services; and Penny Wise Office Products, which offers discounts on office supplies.

The director's and officer's liability insurance provides protection, including defense costs, against allegations of "wrongful acts" by ASTD chapters, their staffs, and volunteers. The insurance protects against claims such as when one director sues another, a member sues a chapter for failure to carry out its charter, a government entity sues for regulatory noncompliance, or any stakeholder in the affairs of the chapter sues for a "wrongful act." The liability limit is $1 million, with higher limits subject to insurance company underwriting. Premiums begin at $1,000 annually.

For quotes and specific coverage questions, contact Debbie Custis, The Cima Companies, by email at inbox@cimaworld.com, by phone at 800.468.4200, or by fax at 703.379.0761.

At YouDecide.com. members can obtain information and quotes on products such as auto and home financing and insurance, term life and long-term care insurance, credit cards, financial planning, and pet insurance. …

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