Are you a non-profit organization?
The common definition is:
“A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.”
It’s important to remember that even as a non-profit, the possibility of being sued is still very real unfortunately. There are risks posed by certain activities non-profits conduct on a regular basis. Risks like:
- Activities in which volunteers are injured while performing assigned duties
- An auto accident that occurs as a volunteer is doing work for the nonprofit
- Fundraising events. For example, an inebriated participant may cause damage or injury
Having a specific insurance policy built for your charitable operations would help protect the good deeds your work has accomplished. Each organization is different, that’s why we recommend speaking with someone in our office about your specific needs and charitable work.
Because everyone’s needs are not the same, it is best to consult your agent to help assess your needs and find the insurance policy that is right for you.