Non-Profits Insurance
No two nonprofit organizations are quite the same in the services and vision that they have. That means their risk profiles are also a little bit different. We start by learning about each individual organization’s needs and then tailoring insurance coverage accordingly.
What types of risks do nonprofits face?
Nonprofits face a diverse set of risks at the board and operational level. There is the possibility of accusations that the directors aren’t fulfilling their duties, mismanaging the organization or funds, discriminating against a volunteer or risks to do with managing and dismissing employees. Directors and officers of nonprofit organizations can be held personally liable for their decisions on the board, even if the nonprofit is incorporated.
Bodily injury can occur at events, even a simple slip and fall can lead to a lawsuit. The physical assets of the organization have risks of loss such as fire, theft, flood, water damage and more. Collecting donor data and other personal information about volunteers or staff leads to an emerging set of cyber risks.
Who Can We Cover?
- Associations
- Chambers of Commerce and Boards of Trade
- Foundations
- Societies
- Campus or Community Radio Stations
- Community Centres
- Counseling Services
- Research / Development Institutes
- Community Organizations
