Nonprofit Insurance Explained

5 Things You Need to Know About Nonprofit D&O Insurance

Nonprofit organizations need several types of insurance coverage to protect themselves, their interests, and their employees from lawsuits. Some examples include general liability insurance, workers compensation insurance, property insurance, and more. When beginning the insurance coverage process, most nonprofit leaders ask about directors and officers (D&O) insurance first. Many leaders view […]
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How to Conquer the Top Legal Risks Facing Nonprofit Boards

Legal risks are not unique to for-profit organizations. Non-profits can find themselves in a variety of legal entanglements in they aren’t careful. The best way to prevent these risks is to understand them. From there, nonprofits can implement strategies to manage these risks. The following are the top legal threats facing nonprofit boards. Social media. All businesses rely on social media, […]
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How to Decide If Your Nonprofit Needs D&O Insurance

Insurance can be expensive, and after investing in general liability, workers’ compensation, errors and omissions (E&O) insurance, and more, many nonprofits may be wondering if they really need directors and officers (D&O) insurance. The short answer is yes. Here are some compelling reasons why: Understanding D&O Insurance The name is a bit of a misnomer as D&O insurance provides coverage beyond […]
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