General Liability policies provide protection for negligent acts which result in:
• Bodily Injury
• Property Damage
• Personal Injury
These injuries might include a child who is injured while playing at school, a senior citizen who becomes ill from eating food at a senior meal site, or a program participant who slips on a wet floor and breaks a bone.
The named insured on the policy should include the volunteers working for your nonprofit. Coverage for events and fund-raisers should be part of a commercial general liability policy.
The policy excludes such things as lawsuits brought against board members for bad management decisions, lawsuits alleging unfair employment practices or actions of an unprofessional nature such as sexual harassment.
Your nonprofit organization, depending on your mission, may want to add the following provisions to your Commercial General Liability policy .
Lamb Financial Group will work with your nonprofit to find the best plan four your organization.
Improper Sexual Conduct:
Provides coverage for allegations of sexual abuse and molestation. The policy can include client v. client coverage. Any organization that provides services to youth, developmentally disabled of any age, or senior citizens should consider this type of coverage.
Employee Benefits Liability:
Provides coverage for damages from your organization’s negligent handling of the administration of your employee benefits program.