Nonprofits

Nonprofit Insurance to Support Your Worthy Cause

Nonprofits: Your organization exists to achieve an important mission. That said, resources are scarce and cost-containment is key. When you spend less on overhead, you have more to contribute to your cause. This is particularly true when it comes to insurance and risk management. Nonprofits have many unique exposures. However, as the nonprofit insurance experts at Borden Perlman will show you, there are also many ways to drive down the cost of risk.

Nonprofits thrive with Borden Perlman by their side for these four reasons:

  1. Nonprofit expertise – We’ve been serving nonprofits for several decades so we’re versed in the risk nuances unique to your industry. We’re also versed in insurance cost containment. As us about risk management and 5013C strategies to help you stabilize budgeting and cash flow.
  2. One stop insurance source – From directors and officers insurance to abuse and molestation coverage, we have every protection you need. Count on us for general liability, professional liability, auto, workers’ compensation, property, EPLI, crime, data security and more.
  3. Problem solving proficiency – Building a strong risk management program is a bit like sewing a quilt. Many components have to fit together and there are plenty of opportunities for gaps. We can help see the big picture and manage the details.
  4. Foundation to help you grow – We are licensed in 48 states so we can insure your organization as it expands and becomes more complex. We also have relationships with more than 30 carriers to ensure you always get the best coverage your budget can buy.

In addition to offering top quality insurance, we deliver unparalleled service, competitive rates and installment payment plans without interest. Policies are issued by stable, “A” rated carriers. For more information, email or call Jeff Perlman directly at 609-896-3434, ext. 109.

Liabilities for the Board of Directors

Nonprofit organizations provide essential social services that benefit communities and their members. These organizations cannot survive without a solid volunteer Board of Directors assigned to elect officers, adopt policies and make major financial decisions for the organization. Although the members of the board are volunteers, there is a certain amount of risk involved in holding one of these positions. Specifically, even when acting in good faith, board members are subject to personal liability, which may affect their personal financial status because of their business decisions.

This website stores cookies on your computer. These cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy.

If you decline, your information won’t be tracked when you visit this website. A single cookie will be used in your browser to remember your preference not to be tracked, all other cookies will be removed.