Navigate Up
Sign In
Renew Today layoutimage
layoutimage
Skip navigation links
Skip navigation links
About UsExpand About Us
Awards / GrantsExpand Awards / Grants
CareerExpand Career
EducationExpand Education
EventsExpand Events
FoundationExpand Foundation
Global ActionExpand Global Action
JOB Board
Leadership InstituteExpand Leadership Institute
Media
PublicationsExpand Publications
ResearchExpand Research
Student CentralExpand Student Central
Volunteer ConnectExpand Volunteer Connect
Home : Chapter Information : Start a Chapter : Liability and Insurance Information for Honor Societies

Liability & Insurance for Honor Societies

Board members are volunteers who often make difficult decisions. Insurance can protect them from claims including wrongful terminations, failure to properly promote, financial wrong-doing or fraud, harassment and discrimination. Not having such insurance can make it difficult to attract and retain good board members, who simply cannot afford to serve if they run such risk to their personal assets. Insurance cost depends on location. Some states have absolute volunteer immunity which makes premiums lower. 

During the development stage, honor societies should research their state's requirements and decide if insurance is warranted for their honor society given their timeline to become a chapter and their budget. Most developing honor societies wait until their application is approved to purchase insurance. 

STTI provides Liability Insurance for all approved chapters within the United States and Canada. Chapters may also purchase Directors & Officers Insurance and Fidelity Bonding for officers. Contact chapserv@stti.iupui.edu with questions.

 
Improving World Health Through Knowledge
My Membership Renew Today Donate to the STTI Foundation Nursing Knowledge International The Circle Reflections on Nursing Leadership Virginia Henderson International Nursing Library International Academic Nursing Alliance The Center for Excellence in Long Term Care
 
550 W. North Street – Indianapolis, IN 46202 USA  |  888.634.7575 (TOLL FREE - US/CANADA only)  |  +1.317.634.8171 (INTNL)