Not-for-Profit Liability Insurance, Collingwood, ON
If participating with a favourite charitable organization is important to you, it may also be important to make sure you have not-for-profit liability insurance protection in Barrie.
If you volunteer with a not-for-profit organization or serve as a committee member, as an officer, or on the board of directors, there is a good chance that you find your work very rewarding. Unfortunately, you may also find yourself at risk should your organization ever have legal action taken against it. If participating with a favourite charitable organization is important to you, it is also important to make sure you have full protection against personal liability while you serve. At Noble Insurance, we offer not-for-profit liability insurance for just that reason.
Just like many businesses, not-for-profit organizations are held to local and federal legal regulations. As such, there is always a possibility that a not-for-profit may find itself dealing with legal repercussions. For example, if an employee feels they have been wrongfully terminated, a donor feels their money has been mishandled, or the organization loses government funding, there may be legal action taken.
In order to fully protect yourself and your personal assets from such a scenario, a not-for-profit liability policy may be the best course of action. You hope you never need it, and you hope that your organization never needs it, but having not-for-profit liability insurance provides an added layer of protection.
At Noble Insurance, our brokers are equipped to help you determine whether not-for-profit liability insurance is a good choice. We can set up a plan that is tailored to your specific insurance needs in Barrie, Ontario. Contact us today to discuss your options.
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