Learning the Basics of Business Insurance
Even if your organization is not-for-profit, you can still benefit from something called business insurance. Basically, business insurance is any umbrella liability insurance policy that protects your organization and key executive members in the event of financial difficulty or loss. Examples of business insurance include Business Auto Liability, Employee Benefits Liability, Sexual Harassment Liability, and Directors & Officers (D&O) Liability.
Watch this video to learn about the basics of business insurance. If you run a non-profit organization in New York City, speak with a company that specializes in non-profit insurance policies. Non-profit insurance needs differ from those of private and publicly traded businesses, so speak to someone who understands the specific insurance needs of a non-profit organization.