What Additional Coverage is Available Under a Not-for-Profit insurance Policy?
Your not-for-profit organization employs staff, including full-time employees and often many volunteers that are working with the public and other third parties. Abuse liability insurance steps in when there are allegations of sexual abuse, harassment, or misconduct. Legal costs are often covered under this additional insurance protection.
Cyber Liability Insurance
Protecting your business can feel like a full-time job, as cybercrime has increased tremendously over the past five years. Cyber-attacks, including hacking and phishing, are especially prevalent for small businesses, including not-for-profit organizations, who often do not have a huge budget for security compared to a large multinational corporation. Cyber liability protects your organization from data breaches and restoration of your computer systems in the event of an insured loss. Cyber insurance may also cover legal and other fees.
Legal Expense Insurance
Imagine struggling financially in your business and suddenly, you are sued for malpractice or for an alleged physical abuse charge. Lawyer fees can be enough to financially ruin some organizations. Be prepared ahead of time. Get the financial protection you need with a reliable legal expense insurance plan.