The only nationwideÂ liability program that makes coverage available immediately for qualified rescue groups!
Todayâ€™s society is increasingly litigious and small businesses including nonprofits are well aware that even a small â€œmisstepâ€ can lead to a large lawsuit. General Liability will protect the assets and mission of your rescue group for claims even if they are caused by your companyâ€™s negligence.
A typical general liability policy will provide the following protection should a claim be brought against your firm:
- Property Damage â€“ Damage to property that you are legally liable for (including rented property).
- Bodily Injury â€“ Injuries to persons for which you are legally liable.
- Medical Payments â€“ Bodily injury that occurs during the course of your business operations.
- Defense Costs â€“ Suits against your company regardless of fault.
- Personal & Advertising Injury â€“ Claims of slander and libel that are not part of your professional services.
Each purchaser ofÂ our GL product gets their own 12 month term and their own $1mm/$2mm limit on the GL for the low cost of $750 plus fees and tax.
Directors and Officers Insurance
Non Profit Boards can be sued byÂ donors, employees, volunteers, the generalÂ public,Â third parties, clients andÂ even theÂ government agencies that help support theirÂ mission. Directors and Officers Insurance, typically referred to as D&O, provides financialÂ protection for the members of your board, as well asÂ your employees, volunteers,Â and theÂ 501c3 entity itself.
Board members can be held personally libel for acts of the 501c3Â and therefore manyÂ directorsÂ are wise toÂ insist that a D&O policy be purchasedÂ to protect theirÂ personalÂ assets.
Directors of NonprofitÂ BoardsÂ face the same fiduciary duties as that of a corporate Board and thereforeÂ can be involved in a varietyÂ of issues, such as:
- Duty of Care-requires Officers to act prudently and reasonably in regards to management
- Duty of Loyalty-directors areÂ prohibited from using their position to further their own interests
- Duty of Obedience- requires Directors to ensure the organization is run in accordance with By Laws
- Employment Issues- harassment claims, termination issues
A D&O policy will protect your organization and its Board members from a variety of law suits.Â Defending even one claim can bring down a nonprofitsÂ financial stability. Remember, if youâ€™reÂ nonprofit does not carry D&O Insurance the personal assets of each board member may be at risk.
Visit our FAQÂ forÂ more information about D&O insurance.