Non-profit organizations may require insurance coverage to protect themselves from potential risks and liabilities. Non-profit insurance can include a range of policies that provide coverage for various risks, such as property damage, liability claims, and employee injuries.
This is an insurance policy that is packaged together to protect the needs of charities and other non-profit organizations.
Rates often move with the history of claims in this class of business and inflationary trends on defense costs and the size of the non-profit.
Non-profit organizations should assess their specific risks and insurance needs to determine the appropriate insurance coverage for their organization. It is also important to work with a reputable insurance provider who has experience in providing insurance for non-profit organizations.