Insurance

Operating a Nonprofit in many regards is similar to any for-profit business, as you must a have clear vision or mission, provide a service of value or which is in demand, hire the right people or volunteers, and operate with a focus of being successful, by whatever definition you wish to define success for your nonprofit. Like any business Nonprofits should have process and protective measures in place to not only create a sustainable organization, but also to safeguard the organization, its board members, the employees, volunteers, and their donor base.

Nonprofits often work with the public, which means your organization is likely exposed to a variety of risks. Obtaining the right insurance for your Insurance is one way to protect your Nonprofit organization from financial loss. It is a way of transferring risk away from your organization. Although it does not remove the risk, it limits the financial impact of any insurable risk to the cost of your insurance premium and any deductibles or coinsurance.

When we are talking about risk, we are talking about the potential for a loss to take place. Those insurable losses may include injuries (to your staff, volunteers, the clients you serve, or to the public) damage to your property or the property of others theft/fraud monetary damages caused to others that you may be wholly or partially responsible for.

Below are the most common insurance types nonprofit organizations may wish to consider, and often are required to obtain permits, leases, financing, and or to attract board members and volunteers. There are many more insurance options, but they are often more niche or specific to certain types of nonprofit organizations.

  • General Liability
  • Professional Liability
  • Directors & Officers Coverage
  • Workers Compensation
  • Auto
  • Accident Coverage for Volunteers

Additional insurance coverage Nonprofits may consider include:

  • Employee Benefits Liability
  • Improper Sexual Conduct and Physical Abuse Liability
  • Umbrella Liability
  • Employee/Volunteer Dishonesty

If you are interested in obtaining insurance for your nonprofit, we encourage you to speak to our affiliated company, BryteBridge Insurance Solutions LLC (BBIS). BBIS provides insurance exclusively to nonprofits and small business.

'; printContent += ''; printContent += '
'; printContent += ''; printContent += '

' + title + '

'; printContent += '
'; printContent += content.innerHTML; printContent += '
'; printContent += '
'; printContent += cntinfo; printContent += ''; printWindow.document.write(printContent); printWindow.document.close(); printWindow.onload = function() { printWindow.print(); }; } else { console.error('Failed to fetch data: ' + xhr.status); } } }; xhr.open('GET', pageURL); xhr.send(); }); }); }); // Function to prevent printing function preventPrinting(event) { // Check if Ctrl key is pressed and the 'p' key is pressed if ((event.ctrlKey || event.metaKey) && event.key === 'p') { // Prevent the default printing behavior event.preventDefault(); // Run custom JavaScript code here document.getElementsByClassName('dpbn-btn')[0].click(); } } // Add event listener to detect keydown events document.addEventListener('keydown', preventPrinting); #printfriendly .pf-primary-img { max-width: 150px !important; margin-left: 0 !important;top: -148px; position: relative; } #printfriendly #pf-title { margin-top: 90px;} #w-print,#w-email { display: none !important; } #printfriendly .article-single-content .elementor-widget-container { margin-top: -60px; } #printfriendly .print-cinfo { display: block !important; margin-top: 40px; padding-top: 15px; border-top: 3px solid #f1f1f1; line-height: 1.7; } .content-unmask .pf-delete, .content-unmask .pf-delete * { cursor:pointer; position:relative; color:revert; pointer-events: none; } .content-unmask img.pf-delete, .content-unmask .pf-delete img { opacity:1 } .content-unmask .pf-delete a, .content-unmask a.pf-delete { color:revert !important } .content-unmask .pf-delete:before { display:none; pointer-events: none; } .content-unmask .pf-delete:after { display:none; pointer-events: none; } #pf-body { pointer-events: none; user-select: none; } #pf-src-icon { display: none; }