Risk Management—Youth Leadership Program Liability Insurance
Hiccups happen. Even with the most careful planning practices and sound policies unexpected things can pop up that expose your nonprofit organization to liability issues. And, even if you didn’t do anything wrong, you’ll still need to demonstrate this (and maybe to a judge). Many associations work to protect their boards, volunteers, and the overall organization from risk and liability exposure with insurance.
One of the trends TRI’s association leadership team discovered was our youth organizations paying a wide range of fees (often too much) for a wide range of liability insurance products (often not adequate or accurate enough insurance for their particular types of exposure scenarios). So, our Leadership Design Studio put a research team on the case to work with the insurance industry to match up the right products at premium amounts that make happier budgets.
Our creative approach with insurance industry leaders yielded a brand new Youth Leadership Program liability insurance product designed just for youth organizations. The coverage combines D&O, event, general liability, loss, and 10 other products most youth organizations should probably have into one bundled package. We were happy to see this new approach reduced exposure—and costs for our clients.
Contact firstname.lastname@example.org if your youth-based organization needs a hand assessing its current practices. We’re not a law firm or an insurance provider. But, we can now safely say there is a cost effective, custom, and turnkey product that is an ideal place to start. We would be happy to refer you to insurance industry leaders who understand youth organizations and can help you explore getting the right risk management products for your nonprofit.
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