Insurance and Services

Management Liability

The policy will pay on behalf of the Insured any loss which the Insured is legally liable to pay by reason of any claim for a wrongful act committed or allegedly committed by the Joint Management Body (JMB) or its committee in their capacity as such. 

The individual committee members of JMB are not remunerated and yet attach with liabilities. The Body may sue and be sued in its name. This hybrid policy – management liability and professional liability, provides peace of mind to the committee.