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 […]
Is your organization equipped with nonprofit volunteer insurance? If a lawsuit against your nonprofit organization names individual employees as well as your directors and officers, your policy limits could be depleted in defense of the employee(s), unless you have separate limits specific to your directors and officers. Reserving separate limits of liability for directors and […]
Do volunteers need insurance? Many organization owners assume that volunteers have immunity in both federal and state laws. Volunteer immunity laws are common, but they almost always contain a provision that the volunteer’s immunity only applies to claims that exceed the insurance policy limits carried by the nonprofit. That means both the nonprofit and/or its […]
There are important guidelines for nonprofit organizations to follow to carry out their mission without creating further risks for themselves. Just as businesses need insurance to protect their employees, operations and bottom line, so do nonprofits. However, nonprofits and volunteer-driven organizations do not function quite like traditional businesses, so they require different insurance services and […]
