Not-for-profit organisations play a crucial role in their communities, but like any business, they too are exposed to risks that could result in claims, such as property damage, employee disputes, or third-party injuries.
By effectively managing risks, you can protect both the people who work for you and the valuable services you provide. This ensures your team can continue their important work without the added burden of potential liability or loss.
Insurance Considerations for the Not-For-Profit Industry
Not-for-profit organisations are exposed a range of risks that can affect their operations, reputation, and financial stability. Whether through day-to-day activities or events, understanding these risks is key to safeguarding your organisation.
Some of the key risks faced by businesses in the industry include:
- Injury to yourself or others at work
- Injury to a third party at one of your events
- Professional negligence claims made against you
- Fraud
- Theft of merchandise or marketing materials
- Property damage
- Loss/damage to raw materials, stock, or other key assets while being transported
Having the right insurance coverage in place can help to protect your organisation, employees, and stakeholders from the financial and operational impact of these potential claims.
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How Coverforce can help
At Coverforce, our expert team of insurance brokers will take the time to assess your individual requirements and exposures and deliver a comprehensive insurance solution that is tailored to your specific needs and budget.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Not for Profit Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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