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Liability coverage with California non profit insurance

1/31/2012 8:55:25 AM

California non profit insurance for charity organizations.jpg 

Are you a director of a charity organization? You may be considering what kind of coverage to take out for your organization. California non profit insurance such as standard liability, property insurance and any workers' compensation coverage needed should financially cover most of the risks for your group. Have you also considered directors’ and officers’ liability insurance?

 

It is incorrect to assume that directors of nonprofit organizations cannot be sued because they are volunteers. It is wise to ensure that members and officers of your nonprofit receive coverage for any possibility of being sued because of malpractice or other claims such as sexual harassment or wrongful dismissal. Should such a claim be made and is successful, the nonprofit group could be forced to take the compensation out of its cash reserves if it has neglected to buy insurance coverage.

 

This is where it may be an excellent idea to consider purchasing directors’ and officers’ liability as part of your California non profit insurance. This coverage may offer you financial protection in the event of any successful actions against directors and officers who are members of your group. For further information, why not contact one of our agents for a quote?

 

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