Insurance For Non-Profit Organizations
Think nobody will sue your non-profit organization, think again.
Despite the good works and services you do for the community, your 501(c) status does not make you immune from claims & lawsuits. Avoiding financial disasters so that you can continue your mission, maintain your funding sources, and continue your good public image is our priority when providing insurance to your non-profits organization.
Important Coverages for Non-Profits
- General Liability – as a non-organization, your insurance needs are unique.
Does your current policy…Protect you from sexual abuse & molestation claims?
Employee benefits liability?
Add employees and volunteers as additional insureds?
Extend coverage for your fundraisers?
Provide additional insured status for your landlord or sources of funding…automatically?
Provide medical payments for your volunteers?
Does your current policy provide these coverages and also provide defense coverage for you that are outside (in addition to) your policy limits? If unsure, let us review this aspect with you.
- Umbrella limits – provides extra coverage limits over your general liability and automobile liability.
- Property – we have large limit capacity and can provide coverage on the broadest (special) causes of loss form available.
Does your current policy provide building ordinance coverage to allow you to re-build to meet new construction codes?
- Crime & Fidelity – money & securities coverage, employee dishonesty (theft) coverage, and forgery and alteration coverage are available. Most non-profit organization handle funds, make bank deposits, and have employees or volunteers handle donations which can subject the organization to crime or dishonesty events.
- Cyber Liability – does your organization obtain driver’s license numbers, social security numbers, maintain patient records, allow laptop access to remotely access your servers, rely on your computer network for day to day operations? A compromise or breach to your system can result in regulatory penalties, notification requirements (that now average $200+ per record), and loss of use of your system resulting in loss of income.
