Nonprofit Insurance
What is it actually?
Nonprofits and not-for-profit organizations operate in a unique environment, but are exposed to legal and financial risks exactly like any commercial company. Nonprofit insurance offers a dedicated protection package that includes directors and officers (D&O) liability insurance (protecting board members), third-party liability insurance (for activities, events and volunteers), and employers' liability insurance.
Why do you need nonprofit insurance?
Board members of a nonprofit bear personal, legal and financial responsibility for the organization's activity. A claim by donors, authorities, employees or the general public may be directed at them personally. In addition, many nonprofits work with volunteers and hold community events – an injury to a volunteer or a participant without suitable insurance can lead to enormous claims that could shut the organization down.
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.
