D&O policies are not intended to cover professional services, even though the entity and the employees are insured for their wrongful acts.
professional services
Solutions to the “for a fee” gap
The gap between your insured’s pro bono or bartered services and the coverage provided by their professional liability policy can be closed.
Is “For a Fee” Wording Leaving your Insured Bare?
The most common wording in professional liability policies — inclusion of “for a fee” in the definition of professional services — can render a policy useless when your insured performs pro bono or other non-fee services.