Insuring Your Organisation
Insurance for your Voluntary group can be a minefield, knowing what you need can be confusing to say the least, by law, you have a duty of care to protect your charity’s assets and resources. Depending on what your charity does, you can buy insurance to protect its money, property and reputation.
Taking the headache out of charity insurance
As a charity, voluntary organisation, or community group you know how important it is to make a positive impact in your community. To continue doing so, it’s essential to protect your business from any potential risk or financial loss. That means, getting some insurance.
There are lots of different types of insurance you might need. What type of policy and level of cover you need all depends on your organisation, your activities, employees, volunteers, clients, or service users. There are other factors to consider too…
Managing your charity insurance can be complex and difficult to navigate, so why not get someone to manage that for you.
That’s why our partnership with Konsileo is the perfect solution. Konsileo Charity Insurance provides cover for a number of things, those unforeseen events that could potentially cause serious damage to your business activities and your organisation’s finances. From protecting your volunteers to accidents in your building, it’s important to ensure you have the right kind of cover that will protect your organisation from all the risks you can think of, and even those you can’t.
Aside from the standard Public Liability Insurance and Employers Liability Insurance that instantly come to mind, there are also covers like:
- Trustee Indemnity Insurance
- Property and Material Damage Cover
- Business Interruption Insurance
- Legal Expenses, and more!
Get in touch with Rachael, a charity insurance expert at Konsileo to discuss your organisation’s processes, policies, and activities for a hassle-free insurance experience tailored to your unique needs.
Find out more about Konsileo Charity Insurance here, or speak to Client Director, Rachael Blundred on 07957 536298 or email [email protected].
Please note that when our members take out charity insurance with Konsileo, we receive a small percentage of commission.
Government Guidance
This guidance explains how charity trustees can protect their assets and resources by choosing the right type of insurance.
The decision to buy a certain type of insurance (apart from any that the law requires) is one way that charity trustees can carry out their duty to protect their charity’s assets and resources.
This guidance clarifies what legal obligations there are in connection with insurance and looks at what options trustees have when identifying and managing any risks that their charity might face.
It gives a brief description of the different types of insurance that are available and what risks they cover against.
NCVO Trusted Supplier for Small Charities
Zurich offers a fixed package for organisations with an income under £300,000. Cover includes:
- £5m public liability (includes cover for volunteers)
- Personal accident
- £10m employers’ liability
- £25,000 contents cover
- £100,000 trustee indemnity cover
- Cover for money on premises or in transit
Bespoke quotes are available for organisations with an income of more than £300,000 per year.