CCBA also offers a management liability program (also known as the Financial Services Program or FINPRO) tailored to the specific needs of the privately owned distributor.
Features of the Management Liability Program
Directors & Officers Liability – specifically designed for the privately owned organization
- Defense Costs provided for False Advertising Claims
- Crisis Management Coverage as it relates to Product Recall and Product Tampering
- No Anti-Trust Exclusion
- No Family Exclusion
- No Major Shareholder Exclusions
- Streamlined application and underwriting process
Fiduciary Liability
- Enhancements to be negotiated individually
Employment Practices Liability
- Coverage for Sexual Harassment and Discrimination Claims brought by clients and vendors (Third -Party Coverage)
- Additional $1,000,000 in Defense Costs Coverage in addition to the Limit of Liability
- Expanded definition of Employee to include temporary, leased, independent contractors and seasonal employees
Crime
- Client Coverage provided for theft of customers’ property by your Employees (Third-Party Coverage)
Kidnap and Ransom
- Standard forms available
Services are available to all Beverage (alcoholic or nonalcoholic) distributors as well as our Members and can be purchased individually. Get more information.
