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Community associations, special interest groups, foundations, and other nonprofits contribute to the fabric of our community. They work as important advocates for groups or causes and deliver vital services used by millions of people every year. Most for-profit businesses are already keenly aware of the need for different insurance products to protect themselves against the risks they face on a daily basis but nonprofits are a bit behind in this regard. Nonprofit D&O can help!
Nonprofit organizations need to make the best use of their resources and make big things happen on a very small budget, so many will optimize their spending for social impact and find it hard to justify certain expenses. But it is exactly this reason that it’s important for them to invest in protecting the organization and its directors and officers.