
Nonprofit insurance
What is it actually?
Nonprofits and non-profit organizations (NPOs) operate in a unique environment, but are exposed to legal and financial risks just like any business company. Nonprofit insurance offers a dedicated protection package that includes officers and directors' liability insurance (for the protection of board members), third-party insurance (for activities, events, and volunteers), and employers' liability insurance.
Why do Nonprofit organizations need insurance?
Members of the board of directors of an organization bear personal, legal and financial responsibility for the activities of the organization. A claim from donors, authorities, employees or the general public may be directed directly against them. In addition, many organizations employ volunteers and hold community events - an injury to a volunteer or participant without appropriate insurance may result in huge claims that will paralyze the activities of the organization.
Why choose us for insurance?
We understand and appreciate the importance of the third sector. We know that non-profit organizations have special needs and defined budgets. We will tailor a policy for you that precisely covers the nature of your activity (education, welfare, sports, culture, etc.), that will protect your managers, employees and volunteers, and allow you to continue to concentrate on doing good with peace of mind.
