Directors & Officers Customized coverage priced to save nonprofits money Property & Casualty Broad protection for nonprofits’ business operations Event Cancellation Protection for a nonprofit’s revenue generating events Volunteer Accident Program Coverage for the volunteers who support nonprofits ...
Directors & Officers Customized coverage priced to save nonprofits money Property & Casualty Broad protection for nonprofits’ business operations Event Cancellation Protection for a nonprofit’s revenue generating events Volunteer Accident Program Coverage for the volunteers who support nonprofits ...
Directors & Officers Customized coverage priced to save nonprofits money Property & Casualty Broad protection for nonprofits’ business operations Event Cancellation Protection for a nonprofit’s revenue generating events Volunteer Accident Program Coverage for the volunteers who support nonprofits ...
Directors & Officers Customized coverage priced to save nonprofits money Property & Casualty Broad protection for nonprofits’ business operations Event Cancellation Protection for a nonprofit’s revenue generating events Volunteer Accident Program Coverage for the volunteers who support nonprofits ...
Specialized knowledge for the brokerage community Nonprofit Partners Trusted by organizations that represent large segments of the nonprofit sector Total Insurance Solutions for the Nonprofit Community Directors & Officers Customized coverage priced to save nonprofits money ...
Nonprofit Insurance Coverage: You Need More Than a Directors and Officers PolicyJeffrey S. Tenenbaum
Limited liability.When formed as a nonprofitlimited liability corporation (LLC), directors, officers, and members of a nonprofit are protected against being held personally liable for the organization’s debts or legal liabilities. Informally organized nonprofits—that is, those that don’t take the ...
Directors vs. Officers It’s important to first distinguish between directors (board members) and officers. Generally, directors have no inherent individual authority or power. Their authority and power is exercised collectively as a board. Officers, on the other hand, are delegated with certain aut...
Liability insurance policies for nonprofits can cover the spectrum from general liability and directors and officers to highly targeted policies related to cybercrime or employment practices. To ensure you purchase the right policies for your organization, consult licensed, experienced insurance experts. ...
nonprofits have to have limiting language in their governing documents that says nobody has an ownership interest," says Shirley McLaughlin, the principal at Adler & Colvin, a law firm specializing in tax-exempt organizations. "No directors or officers can get paid out and walk away—for example...