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Lawsuits happen to not-for-profits too
With not-for-profit liability insurance, you can protect your organization and the people who help make its daily operations go smoothly.
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Legal action can be taken against not-for-profits too. Not-for-profit liability insurance can help cover the legal costs.
Your organization filed for bankruptcy. Officers or board members could be held personally responsible for money owed. Insurance can help cover costs.
A donor feels their monetary donation has been misused by the organization. Not-for-profit liability insurance can help offset legal costs.
Everyone can be held accountable
Did you know that people at all levels of a not-for-profit organization can be held liable in the event of legal action?
From volunteer to committee member to board chair or officer, there’s a personal liability risk if legal action is ever taken against the organization. Just like many businesses, not-for-profit organizations are held to local and federal legal regulations. So there’s always a possibility that a not-for-profit may find itself dealing with legal repercussions.
We understand that supporting your preferred charitable organizations is important to you. But we also believe that having protection for your personal assets is vital. Not-for-profit liability insurance can help offset or cover legal costs.
Need help figuring out what coverage you need? Fill out our easy Quick Response form. And one of our experienced business insurance Specialists will reach out to help you ASAP.
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