Volunteer accident insurance – the inexpensive solution to protecting volunteers from the cost of injuries
Falls and broken bones. Falls and concussions. Pulled muscles, lacerations using tools or handling sharp objects, and burns. Injuries from falling objects, injuries in vehicle accidents, and animal bites (including one bobcat attack.) As you think about what your volunteers do, you might imagine how some of these injuries could occur on your watch. (OK, maybe not the bobcat attack.)
Nonprofit organizations always are searching for ways to give back, to the volunteers they depend upon to support the mission. No doubt you have found a way that works for you, to express your appreciation to your own volunteers. If you are open to one more way, consider the benefit of an insurance policy that can pay up to $50,000 to cover medical expenses if a volunteer is injured. If they have other coverage, that goes first. If they don’t, ours is primary. (But even if they have other coverage, ours will reimburse the copayments and deductibles.)
It’s $4.25 per volunteer per year. So if you have, for example, 50 volunteers, the total premium to cover them all would be less than $215 a year. With our membership and administration fee of $140, the total cost to insure 50 volunteers is less than $400 a year. Not a lot, considering the benefit for them and the extra recruitment power for you.
Here is a link to our online application on the Website of The CIMA Companies, the administrator of our volunteer insurance program — https://www.cimaworld.com/form/vis-volunteers-insurance-service. Your exact cost is computed automatically for you on the application, so you have that information without even talking with anyone here. But if you do want to talk to a real person about the program before you make a decision, Jennifer Yarnell or Vicki Brooks would love to hear from you. They are at 800.222.8920.
By the way, in addition to accident insurance, we also offer volunteer liability coverage in case volunteers accidentally injure someone or damage someone’s property, and excess auto liability coverage in case volunteers cause an accident while driving their personal vehicles as part of their assignments. All the information is at http://www.cimaworld.com/nonprofits/cima-volunteers-insurance.