How Much Do Nonprofit D&O Policies Cost?

Did you really think I was going to give a specific number? I will say that if you’re a startup nonprofit with relatively innocuous operations, then your policy will qualify for minimum premiums which range from $600 to $900, depending on the nonprofit directors and officers insurance carrier. Here are some factors that go into […]

5 Tips for Reading (and Understanding) Your Nonprofit D&O Policy

Need a D&O quote for your nonprofit? Click here to get started.  When was the last time you read your insurance policies? When was the last time you started reading your insurance policies only to give up in frustration? Since you drew the short straw and have been chosen ‘insurance guru’ of your nonprofit, it behooves you […]

5 Reasons Why Your Volunteer-Only Nonprofit Needs Employment Practices Liability

Nonprofit management liability insurance usually includes two coverages: Directors and officers liability (D&O) Employment practices liability (EPLI) Many small nonprofits are volunteer-led or use only 1099 contracted employees to do their work. Consequently, I have had this conversation often (or some version of it): Nonprofit: We don’t have employees. We don’t need employment practices liability insurance. Take […]

Nonprofit Risk Management Resource: EEOC Fiscal Year 2014 Report

One of the best ways to manage risk is to understand where other people are running into problems. The Equal Employment Opportunity Commission issues a report each year with all of its enforcement and litigation data.  This report is a powerful tool to help you understand why employees are filing complaints with the EEOC. Why […]

Why Nonprofits Should Consider Employment Practices Liability Insurance

The good thing is that most of you, if you have directors and officers liability insurance, already have employment practices liability. Nonprofit management liability policies most often include both coverages. But you should check to make sure before assuming your policy includes this key coverage The fact is, that according to Pamela Davis, CEO of Nonprofits Insurance […]

Volunteers and Nonprofit Directors and Officers Liability Insurance

Click here if you’d like a D&O Insurance Quote Indication It’s amazing what you discover when you actually read an insurance policy. Did you know that on most nonprofit directors and officers liability policies, volunteers are considered insured individuals? They are either included under the definition of insured individual or they are included under the […]