In this post, we answer one of the most common Google questions regarding volunteer engagement. What is volunteer insurance? There are three types of insurance designed specifically for volunteers: Accident medical – This coverage pays the medical expenses incurred when a volunteer is injured, up to the policy limit; e.g., $50,000. Coverage is available either […]
In this post, we answer some of the most common Google questions regarding volunteer engagement. Do you need employer’s liability insurance for volunteers? “Employer’s liability” refers to the section of a workers compensation policy that covers defense costs, settlements or judgments in the event that an injured employee decides to sue the employer for negligence, […]
In this post, we answer one of the most common Google questions regarding volunteer engagement. Can a volunteer sue a nonprofit? The real question is, can a volunteer sue successfully? Yes. If a volunteer is injured while on assignment, he or she can sue the organization, alleging that the organization’s negligence was the proximate cause […]
Do nonprofits need insurance? Of course, but it’s not always obvious which coverages are needed most. Because operating budgets are always tight, managers at nonprofit organizations must construct their insurance programs so that “need to have” coverage is always in place, and “nice to have” coverage is added as circumstances permit. Here is a guide […]
Insurance is an important component of risk management, and a significant budget item, yet it can be difficult to determine what insurance coverages are really needed. The following overview can help. Our Insurance Basics For Nonprofit Organizations and ‘Need-To-Have’ and ‘Nice-To-Have’ Insurance For Nonprofits resources provide more detailed guidance. Both are available to VIS members […]
Ever since the advent of ride-hailing companies like Uber and Lyft, many volunteers who use their personal vehicles on their assignments have found themselves victims of mistaken identity. But at last there is some hope they’ll be released, and free to go – without worry that their insurance might not cover them if they cause […]
Your nonprofit organization likely is seeing some adverse impact on your operations and revenues due to the COVID-19 coronavirus. In some cases, cash flow has been significantly impacted and payrolls may have been trimmed, either through reduced operating hours or, God forbid, necessary layoffs. Your commercial insurance policies’ premiums are often based on your best estimate […]
