What type of insurance does a Nonprofit organization need?
Even a nonprofit organization must consider the risk and liability of their business. Unlike for profit businesses, nonprofits tend to have extremely tight budgets that support the organizations causes and purposes. Anything that could put that at risk could greatly change the future of the organization and the cause it supports.
Typically, a nonprofit will want to consider general liability coverage as well as a Directors and Officers (D & O) Insurance plan. These two plans provide substantial coverage that would cover risk while having visitors at the offices or events as well as the liability on the executive staff.
Kern works with several nonprofits to provide excellent coverage at the best rate available with the best insurance carriers in the industry.