Despite the charitable nature of nonprofit organizations, there are some essential guidelines they must follow to prevent risks to themselves. Although they have different goals than traditional businesses, volunteer-driven nonprofits need to protect their team, and while nonprofits operate differently than a traditional business, they share some of the same risks and liabilities. Let’s dive into what types of coverage for volunteers nonprofit organizations require. [Read more…]
Does Your Nonprofit Organization Need Coverage for Volunteers?
July 29, 2020 by
Who Does Directors and Officers Liability Cover?
January 18, 2016 by
Most organizations have a general liability policy that protects members of a company against negligent acts that result in property damage or bodily injury. However, general liability does not protect against accusations of wrongful acts or omissions, such as breaches of duty. To protect members of the company against such accusations, Directors and Officers Liability Insurance was created. While it gets its name for the two most-targeted members of a corporation for personal lawsuits, the coverage of this policy extends to other people in the organization as well. [Read more…]
