What is the difference between the types of coverage?

The NIC’s IFC Insurance Program provides General Liability, Commercial Crime and D&O Liability insurance.

General Liability:

Provides coverage, for the most part, to claims of bodily injury, property damage and personal injury arising out of the IFC’s liability associated with its operations and activities.

Commercial Crime:

Provides coverage for claims arising out of criminal acts, typically involving the theft of IFC funds.

Directors & Officers Liability:

Offers directors and officers protection from a wide variety of claims such as third-party discrimination and allegations that an officer failed to fulfill his/her fiduciary duties to the organization.