It's no secret that charity is an important part of life. But what if you lose your job? Or your house burns down? Or some other unforeseen event happens that leaves you without the resources to help out your favorite causes?
Charity insurance can help. Charity insurance is a type of coverage that protects a person or organization from financial loss due to a variety of situations, including:
1. Natural disasters like hurricanes and earthquakes.
2. Medical expenses related to accidents or illness.
3. Insurance claims related to theft or accidents on the job (this is often called "workplace liability").
4. Legal bills related to lawsuits or legal proceedings against you (this is often called "personal liability" or "tort").
5. Fraud by someone who poses as an employee, volunteer, supplier, client, etc., who steals money from your organization.
The most common misconception about charity insurance is that it's only for large organizations with lots of resources. But even small nonprofits can benefit from having this kind of coverage in place!
Charity insurance can help. Charity insurance is a type of coverage that protects a person or organization from financial loss due to a variety of situations, including:
1. Natural disasters like hurricanes and earthquakes.
2. Medical expenses related to accidents or illness.
3. Insurance claims related to theft or accidents on the job (this is often called "workplace liability").
4. Legal bills related to lawsuits or legal proceedings against you (this is often called "personal liability" or "tort").
5. Fraud by someone who poses as an employee, volunteer, supplier, client, etc., who steals money from your organization.
The most common misconception about charity insurance is that it's only for large organizations with lots of resources. But even small nonprofits can benefit from having this kind of coverage in place!