Categories: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Increase your Insurance Buying IQ
The Center is pleased to present Coverage, Claims & Consequences—2nd Edition, a text that takes the mystery out of the process of obtaining insurance for your nonprofit. The second edition of this popular text is now available, hot off the press,...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Increasing Your Liability Protection
Excess vs. umbrella limits Many nonprofit organizations seek to increase the amount of their liability insurance protection for a variety of reasons, such as when — The organization expands, perhaps by internal growth or merger, so that the former liability...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Risk eNews
How Long Should You Keep Out-dated (Expired) Insurance Policies?
In the event you need to file a claim, could you quickly put your hands on all insurance policies that might cover an incident, including expired claims? Insurance policies cover events that are addressed by claims presented to the carrier...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Theft of Funds is Not Covered by Insurance
Theft of Funds Is Not Covered by Insurance This article first appeared in Don Kramer’s Nonprofit Issues, and is reprinted here with permission from the publisher. For more information on Nonprofit Issues, visit www.nonprofitissues.com. The employee dishonesty provisions of a standard insurance...
Topics: Fraud and Financial Oversight, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance Fails to Cover Drunk Driving Accident
This article first appeared in Don Kramer’s Nonprofit Issues, and is reprinted here with permission from the publisher. For more information on Nonprofit Issues, visit www.nonprofitissues.com. Veterans of Foreign Wars Post has no insurance to defend it against a suit for injuries...
Topics: Facility, Program and Transportation Safety, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance for Cyber Losses
Cyber insurance protects against damages to computers and computer systems caused by human error or as a result of malicious attacks and crimes, including fraud, unauthorized access, theft of customer information and Web site sabotage. Loss of income from the...
Topics: Data Privacy, Tech Risk, Cybersecurity, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance for Cyber Risks
Today’s nonprofit leaders are aware that dependence on data, software, systems and tech vendors brings untold benefits as well as potential downside risks. From the impact of data loss to claims alleging the failure to safeguard personal information, a nonprofit’s...
Topics: Data Privacy, Tech Risk, Cybersecurity, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Insurance for Volunteer Programs
The following article is excerpted from Chapter 9 of No Surprises: Harmonizing Risk & Reward in Volunteer Management, 3rd Edition. Claims Against the Volunteer Fear of incurring personal liability for volunteer service isn’t uncommon among the estimated 90 million Americans who...
Topics: Insurance and Risk Financing, Volunteer Risk Management
December 2, 2016
Resource Type: Articles
Is a BOP Right for Me?
Most nonprofit organizations struggle with their insurance program. What policies, coverages, limits and deductibles should we buy? How much will it cost? Are we protecting our assets and people adequately? With incorrect choices, you can be insurance-rich but coverage-poor; therefore,...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Riding Out the Hard Insurance Market
What Your Nonprofit Can Do to Survive and Thrive in Deteriorating Market Conditions Across the country nonprofit managers are expressing dismay and frustration about deteriorating insurance market conditions. Having enjoyed a long period of “soft” market conditions, where insurers were...
Topics: Insurance and Risk Financing