Wiki User
∙ 16y agoI doubt it but you should contact a local agent and discuss what risks there could be for your group, and if a policy is necessary.
Wiki User
∙ 16y agoJust one that cover the basic needs, to not expend a lot of money. That way it doesn't loose money paying for insurance.
If you want to protect your non profit organization from exposure to law suits, it would be advisable to obtain coverage. Non Profits are not exempt from financial liability.
Kaiser Permanente
Elaine M. Hadden has written: 'Nonprofit organizations' -- subject(s): Directors of corporations, Law and legislation, Legal status, laws, Liability (Law), Nonprofit Corporations, Nonprofit organizations
It's up to the nonprofit organization to decide if it wants to purchase insurance. Whether you are in the state of Tennessee or any other state has no bearing.
Robert P. Fry has written: 'Nonprofit investment policies' -- subject(s): Nonprofit organizations, Asset-liability management, Management, Finance, Law and legislation, Investments
For church insurance, you should go to a company that specializes in churches. This will be more cost effective way, you'll get the appropriate coverages (counseling, abuse, Directors & Officers, Employment Practices Liability, Work Comp, etc.) and you'll probably work with an agent that is familiar with ministries. The 4 main companies that insure churches are: Church Mutual:The Largest GuideOne: Works with the most agents Brotherhood Mutual:Specialized for Evangelical Christian Churches Philadelphia:Owned by a Japanese Company and new to the church insurance market
AnswerMost Blue Crosses are "not-for-profit" which is slightly different from non-profit.
The benefit to getting 501c3 status is the ability to accept charitable contributions. I am not familiar with a nonprofit LLC. There has been a movement in the past few years to create a hybrid of for profit and non profits called an L3C, low profit limited liability corporation.
The Community Animal Welfare Society is a nonprofit organization based in the U.S. state of Utah. The mission of CAWS is to provide a safe haven for animals that have been abused or abandoned.
Artis is a nonprofit organization that helps to broaden and understand the contemporary style art from Israel. The Artis organization creates platforms and programs to help artist create partnerships with the global art community.
Yes