Insuring Your Non-Profit Organization
... Introduction Your mission is clear and important. Volunteers are ready to help and donors are lined up to contribute. The next step is execution, including insurance for your non-profit organization. Non-profit organizations serve a very wide range and will have very different insurance requirements. However, they also share common challenges. Often, non-profit organization will evolve causing new insurance issues to emerge. Liability for Good Works The city has offered an in-kind donation of office space. An event venue has a room for your fund raiser. Your new clinic lease is ready for signature. In the "fine print" of each of these ... a work related injury. Insuring an Effective Board An active and involved Board of Directors is a critical component for most non-profit organizations. Your volunteer board members will be called on to make the tough decisions and are responsible for oversight of your activities, particularly employment decisions. They are also primary community connectors and fundraisers for your group. Directors and Officers Insurance is critical to protect them from lawsuits that can erupt which can entangle them personally. Equip Your Group As your non-profit organization grows, insuring your group's equipment and office contents can become a critical risk. A fire, burglary or other ...
Tags: Insuring non profit organization | insurance requirements for non profit organizations |
Tags: Insuring non profit organization | insurance requirements for non profit organizations |