Connect insurance to the operation
Nonprofit insurance should protect the mission while addressing governance decisions, people, property, services, donations, events, vehicles, cyber risk, and the duties of directors and officers. Insurance planning for boards, employees, volunteers, programs, property, fundraising, events, and community services.
How the business actually operates
Review the current operation, credible loss scenarios, management controls, contracts, requested limits, and the policy terms intended to address this issue.
Which losses could stop revenue
Review the current operation, credible loss scenarios, management controls, contracts, requested limits, and the policy terms intended to address this issue.
Which policies need to work together
Review the current operation, credible loss scenarios, management controls, contracts, requested limits, and the policy terms intended to address this issue.
Risks that deserve specific attention
Board decisions, governance disputes, and fiduciary allegations
Describe where the exposure occurs, who controls it, how frequently it arises, what could make a loss severe, and which documented controls are in place.
Employee, volunteer, participant, donor, and public-facing liability
Describe where the exposure occurs, who controls it, how frequently it arises, what could make a loss severe, and which documented controls are in place.
Property, cyber, crime, fundraising, event, and program interruption
Describe where the exposure occurs, who controls it, how frequently it arises, what could make a loss severe, and which documented controls are in place.
Coverage areas to coordinate
Directors and officers and employment practices liability
Confirm limits, deductibles, covered entities, locations, operations, exclusions, endorsements, and how this protection coordinates with the rest of the program.
General liability, property, business income, and umbrella
Confirm limits, deductibles, covered entities, locations, operations, exclusions, endorsements, and how this protection coordinates with the rest of the program.
Workers' compensation, cyber, crime, auto, and event coverage
Confirm limits, deductibles, covered entities, locations, operations, exclusions, endorsements, and how this protection coordinates with the rest of the program.
Build a useful submission
- Describe every operation, ownership entity, location, service, customer type, and material change since the prior policy began.
- Provide current revenue, payroll, values, vehicles, equipment, contracts, and currently valued loss information when available.
- Explain significant claims, near misses, corrective action, safety procedures, training, maintenance, and management oversight.
- Identify requested effective dates, contract deadlines, lender or landlord requirements, desired limits, and deductible preferences.
Questions the review should answer
How will the program address board decisions, governance disputes, and fiduciary allegations?
Connect the answer to the appropriate policy, limit, deductible, endorsement, exclusion, operational control, and recovery plan.
How will the program address employee, volunteer, participant, donor, and public-facing liability?
Connect the answer to the appropriate policy, limit, deductible, endorsement, exclusion, operational control, and recovery plan.
How will the program address property, cyber, crime, fundraising, event, and program interruption?
Connect the answer to the appropriate policy, limit, deductible, endorsement, exclusion, operational control, and recovery plan.
Frequently asked questions
What information helps prepare a Nonprofit Organizations insurance insurance basics review?
Start with a clear description of the operation, locations, ownership, revenue, payroll, property, vehicles, contracts, current insurance, and loss history. For nonprofit organizations, pay particular attention to board decisions, governance disputes, and fiduciary allegations, employee, volunteer, participant, donor, and public-facing liability, property, cyber, crime, fundraising, event, and program interruption.
Which policies commonly deserve attention for nonprofit organizations?
The starting coverage areas include directors and officers and employment practices liability, general liability, property, business income, and umbrella, workers' compensation, cyber, crime, auto, and event coverage. Actual needs depend on the operation, contracts, locations, people, property, vehicles, services, and available market terms.
Coverage descriptions are general. Eligibility, availability, limits, deductibles, valuation, exclusions, and policy terms vary by operation and insurance market. Actual policy documents control.