Non-Profit Insurance
Insurance That Understands Non-Profits
We understand the unique risks nonprofit organizations face. Our nonprofit specialty carriers provide targeted coverages to meet the needs of the nonprofit community.
We deliver an unbeatable combination of sound coverage, stable pricing and exceptional service. It pays to work with people who fully understand nonprofits.
Product Specialty
- Primary Liability Insurance – Standard limits are $1 million per occurrence for General Liability; $1 million per occurrence for Sex Abuse; $1 million per occurrence for Social Work; $1 million per occurrence for Medical; $3 million policy aggregate
- Umbrella Policy – Limits up to $10 million above Primary Liability*
- Sexual Abuse Liability
- Social Work Foster Care & Counseling Liability
- Incidental and Vicarious Medical Liability
- Special Event Liability – Standard limit is $1 million with higher limits available
- Directors & Officers Liability – Standard limit is $1 million with higher limits available
*Defense outside the limit of liability
Coverage and Services
- Property and Liability
- Auto
- Umbrella
- Workers' Compensation
- D&O
- Unemployment Insurance
- Financial Consulting
Pro Bono Volunteer providing free consultations to 501(c)(3) organizations that are members of the NC Center for Nonprofits
Non-Profit Organizations
Animal Protection & Welfare Program
Protection for animal shelter and animal rescue organizations to help them achieve the goal of compassionate treatment of stray and abandoned animals.
Arts & Culture
Cultural and ethnic awareness groups, performing arts schools, art education, theater, singing and choral groups
Group Housing
Housing for the mentally and developmentally disabled, homeless shelters, disabled, transitional housing and family violence shelters
Youth Services Organization
Boys & girls clubs, girl scouts, youth development programs, youth centers and community service clubs
Human Services
Family services, child day care, YWCAs, emergency child day care, YWCAs, emergency services, senior centers and hospices
Education
Preschools, charter schools and private elementary, secondary and post-secondary schools
Mental Health/Crisis Intervention
Outpatient or residential counseling for disorders and addictions including treatment and rehabilitation
Food and Nutrition
Food banks, food pantries, meals on wheels, congregate meals and nutrition programs
Recreation
Parks, recreational camps, clubs and parks, Special Olympics and community recreation centers
Religious Organizations and Institutions
Churches and other religious organizations
Coverages for Non-Profits
Commercial General Liability
Provides coverage for a wide range of acts or offenses which result in bodily injury, personal injury, advertising injury or property damage to a third party.
Property
Property coverage protects the physical assets you own or lease such as buildings, office equipment, furniture, fixtures, etc. Whether you own or rent the space your nonprofit occupies, consider what your organization might lose in the event of a fire, vandalism, storm, or similar event.
Business Auto
This coverage is mandatory for company-owned or leased vehicles. Business auto coverage may include liability only or may also cover physical damage. The liability portion covers damage to other vehicles or property and injury to others for accidents for which you are at fault. Auto physical damage covers repairs of vehicles you own. Uninsured/underinsured motorist coverage may be purchased with a business auto policy and it provides specified coverage for accidents involving uninsured or underinsured motorists.
Hired/Non-Owned
If your employees or volunteers use their own vehicles on company business, this coverage is very important. The purpose of this policy is to provide “excess” coverage over an employee’s or volunteer’s personal auto insurance. If an employee or volunteer is involved in an accident while driving on behalf of your organization, and the limits of his or her personal insurance policy are exhausted, this coverage protects the organization.
Directors and Officers Liability
Directors and Officers Liability (D&O) coverage is intended to cover damages resulting from the "wrongful acts" of the directors and officers of your nonprofit. D&O liability coverage extends to types of claims that are not covered under the commercial general liability policy. Among the items a good directors and officers policy should include is broad coverage for all types of employment-related actions (Employment Practices Liability Insurance), including allegations of wrongful termination, harassment, discrimination and failure to hire.
Note: It’s important to realize that groundless lawsuits can’t be shrugged off. Defense cost alone could be a huge financial burden. D&O coverage includes defense cost.
Employee Benefits Liability
This coverage is usually purchased as an endorsement to the commercial general liability policy. It is intended to cover specified damages from your organization’s negligent handling of the administration of your employee benefits program.
Employee Dishonesty
Employee dishonesty coverage is intended to provide a source for recovery of funds, securities or property embezzled by employees or volunteers. This coverage may sometimes be purchased with property coverage or may be purchased separately as a fidelity bond.
Abuse and molestation Liability
Abuse and molestation liability
Social Services Professional Liability
This coverage is often provided as an endorsement to the commercial general liability policy. It typically provides coverage for errors and omissions as a result of social services activities.
Umbrella
Provides another layer of liability limits in the event an underlying policy (business auto, etc) limit has been exhausted.
Workers' Compensation
Insurance that provides compensation to a worker/employee who suffers a work-related injury. Important note: Volunteers are not usually included as worker/employee so there would be no coverage under this policy for volunteers who are injured during the course of their volunteer services. (see Volunteer/Participant Accident Insurance)
Volunteer/Participant Accident Insurance
Important coverage because most Workers Compensation policies exclude volunteers. Accident insurance provides a limited amount of coverage for injury to a student/volunteer/participant (depending on the specific coverage) on a no-fault basis.
Accident insurance typically pays regardless of fault, and may pay out prior to an individual’s health insurance or in excess of it, depending on the particular policy.
Cyber Liability
Cyber liability insurance is an insurance policy that provides businesses with a combination of coverage options to help protect the company from data breaches and other cyber security issues. Adding cyber insurance is a small cost, but the risk of not doing so can be devastating.