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 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 […]