Maximize Charity Defense With Nonprofit Insurance High Limits
Types of Coverage to Consider
Nonprofit insurance is not one-size-fits-all. It comprises various coverages tailored to specific needs:
- General Liability Insurance: Protects against claims of bodily injury or property damage.
- Directors and Officers (D&O) Insurance: Covers legal costs related to the actions of board members and executives.
- Professional Liability Insurance: Also known as Errors and Omissions insurance, this covers claims of negligence in the services provided.
- Cyber Liability Insurance: Essential for protecting against data breaches and cyber-attacks.
By understanding these options, you can search options that best fit your nonprofit's specific risks and operational needs.