Charity insurance you can trust
Charity Insurance
The cover needed for a Charity or a Not for Profit Organisation will depend, very much, on the objective of the organisation and that information is required for the selection of the most appropriate part of the market to approach for the required cover.
Because of the diverse nature of Charities and Not for Profit Organisations the covers required can be very wide ranging. Underwriters will need to know what is the purpose of your charity, what does it involve? You need to be aware of what should be insured:-
Contents insurance – the cost to replace all of the fixtures and fittings, displays and all furniture.
Stock
Employer’s Liability – a legal requirement if you employ staff.
Public Liability – in case someone injures themselves on your premises.
Product Liability – if you do produce anything.
Professional Indemnity – if you design anything or give advice of any kind.
Vehicle – a legal requirement if used on a public road.
Goods in Transit – if you collect and/or deliver goods.
Fidelity cover – you may also find that you put your staff in a situation where they could handle money or possessions belonging to someone else so you may also require Fidelity cover.
Legal Expenses – in case you are involved in an incident that requires legal advice or court action.
Cyber cover – see our cyber cover section, if you use computers you are vulnerable.
Event insurance – to cover any fundraising event or publicity event.
The exact nature of the covers required will depend on the objective of your charity.