What Does Directors & Officers Insurance Coverage Do For My Church's Leaders?

In this episode of Faith Stewardship and Insurance, host Ron Wadley wraps up the series on liability coverages for Texas churches by focusing on Directors and Officers (D&O) insurance. He explains the importance of D&O coverage for church leaders, including elders, deacons, and finance teams who make fiduciary decisions. By sharing a story about a church's financial scare, Wadley highlights the risks and legal implications that can arise. He emphasizes how D&O insurance protects both personal and church assets. He outlines what church leaders should look for when securing D&O coverage and offers guidance through the True Texas Church Insurance program to ensure proper protection for volunteers and leaders. Connect with our church insurance team at insurancefortexans.com Grab a copy of our book about church insurance at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:29 Series Wrap-Up: Liability Coverages for Texas Churches 00:33 Understanding Directors and Officers Insurance 01:30 The Importance of D&O Coverage 02:41 Key Features of D&O Policies 03:56 Guidance for Securing D&O Coverage 04:59 Conclusion and Next Steps