Nonprofit Insurance Explained

Insurance and Animal Rescue Organizations

Nonprofit organizations that provide animal rescue or shelter services find themselves in a difficult situation when trying to acquire insurance. Insurance for animal-related organizations is just not readily available. Most insurance companies flat out refuse to insure any organization with significant animal exposure.
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Insurance Broker or Insurance Company - Who does what?

Our nonprofit clients are sometimes confused by the various people involved in creating and providing their insurance program. They aren't quite sure who does what and when to call the "Broker" or when to call the "Insurance Company." It seems like it should be simple enough, but it is insurance, after all...
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Nonprofit Orgs need GL and D&O Insurance Coverage at a Minimum

I am approached by many nonprofits that say they need General Liability, or they need Directors & Officers Liability but not both. However, I always recommend both because these two coverages are the cornerstones of any effective nonprofit risk management and insurance program. These two coverages provide completely different types of insurance protections for your nonprofit organization.  It is […]
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Why Should My Nonprofit Buy Insurance?

For many small or start-up organizations, nonprofit insurance costs seem excessive and the benefits of the coverage nominal. However, the expense of the insurance coverage is outweighed by the importance of having coverage in place. The following are just some of the reasons why all Nonprofits, regardless of size, need to have appropriate insurance coverage.
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5 Ways to Review Your Nonprofit Insurance

It’s important to review your nonprofit insurance policies periodically. The activities and operations of your nonprofit may change over time. And the coverages available to nonprofits may also change over time. As things evolve it’s critical that you manage risk by verifying that your coverage is up to date and addresses the unique needs of your organization. The easiest time to do this review […]
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Failure to Insure - A Trap for Nonprofit Organizations

Many smaller or start-up nonprofit organizations struggle to find money in their budget for even the most basic nonprofit insurance coverage. Over and above the ethical consideration that you protect the community and your clients from damages due to the organization's negligent actions, there is an inherent risk to the personal assets of the nonprofit organization's individual directors and […]
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COVID19 and your Nonprofit Insurance

Among all the things that are frustrating about living through the COVID19 pandemic probably the most frustrating is the simple lack of not knowing. We don’t know how to deal with it. We don’t know when we will have a vaccine or if it will work. We don’t know the long-term effects on our economy. And so much more! As you can imagine, we field many questions from our clients about how possible […]
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Employment Practices Liability Insurance Claims & Your Nonprofit

In the world of insurance for Nonprofits, Employment Practice’s Liability coverage is often overlooked and misunderstood. Most Directors and Officers policies written for Nonprofits include Employment Practices Liability coverage (EPL). So, you may have this coverage and not even know it. However, not all EPL policies offer the same coverages and benefits. This coverage accounts for nearly 95% of […]
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Is Nonprofit Insurance Getting Harder to Find?

Yes, unfortunately nonprofit insurance is getting harder to find and purchase. Why? Two reasons… First, many insurance companies are discontinuing coverage for certain types of nonprofit organizations. These include, but aren’t limited to, youth programs, all types of shelters, rehab programs, animal related activities, and more. And, for those nonprofits who can maintain their current programs […]
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