Unfortunately, religious institutions are susceptible to an increasing number of risks resulting in monetary damages. Having the right insurance policy in place can help protect your non-profit organization.
Here are the Coverages Your Organization Should Carry:
• Commercial General Liability Insurance
• Commercial Property Insurance (if the organization owns real property)
• Directors and officers Liability Insurance
• Employment Practices Liability Insurance
• Special Events Liability Insurance
• Special Religious Property Coverage which includes the unique exposures associated with religious facilities such as coverage for organs, pulpits, baptismal fonts, pews, stained glass, arks, tabernacles, etc.
• Money & Securities with the ability to increase your limit on select days when offerings are larger
• Members and Volunteers should be included automatically as additional insureds
• Licensed Day Cares and Preschools included if necessary
Boardwalk Insurance Group is an independent insurance agency specializing in a variety of commercial insurance programs through its network of insurance companies and insurance brokers. Their specialty package for religious institutions, in addition to what’s listed above, includes the following:
o Money & Securities Coverage
o Employee Dishonesty Coverage
o Spoilage Coverage
o Accounts Receivable Coverage
o Valuable Papers Coverage
o Sewer Back Up Coverage
o Personal Effects Coverage
o Clergy and Counseling Professional Liability
o Hired and Non-Owned Auto
o Employee Benefits Liability
o Directors and Officers Liability
o Employment Practices Liability
o And many more…
This Program is Specifically Designed For:
• Churches / Tenant Based Church
• Other Religious Institutions
Coverages Limits Generally Include:
• General Liability – up to a $3,000,000 limit
• Property (Buildings, Business Personal Property, Business Income, Equipment Breakdown)- up to $2,000,000 per location.
• Sexual Molestation – up to $200,000 Limit
Coverage is placed through A+ rated insurance companies and higher limits are available upon request.