As a nonprofit, your organization may have different goals than your for-profit counterparts, but you share the same risks. Nonprofit status doesn’t reduce your exposure to property damage expenses or even lawsuits against your directors and officers. This is why having the right kind of group nonprofit insurance is so important. You need policies to […]
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Learning the Basics of Business Insurance
Even if your organization is not-for-profit, you can still benefit from something called business insurance. Basically, business insurance is any umbrella liability insurance policy that protects your organization and key executive members in the event of financial difficulty or loss. Examples of business insurance include Business Auto Liability, Employee Benefits Liability, Sexual Harassment Liability, and […]
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Answering Commonly Asked Questions about Director & Officer Insurance
Running a non-profit organization is demanding. In addition to performing your normal daily function, you and your executive colleagues have to constantly be wary of legal action from individuals or other organizations. After all, as a board member or executive of a non-profit, you assume responsibility for the way your organization is run and expose […]
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Examining the Insurance Needs of Non-Profits
Running a non-profit organization is a great way to give back to the community and help the less fortunate. However, that doesn’t mean running a non-profit organization is easy. On the contrary, non-profit organizations can be incredibly difficult to run successfully. In addition to local and federal requirements and standards for non-profits, there’s also the […]