At Grace Insurance in Landsdale and Grace Insurance Joondalup, we are proud supporters of not-for-profit organisations and charities. We understand the wonderful work you do for our community and that you deserve support to keep doing it.
Along with donations, volunteers and government grants, there are other ways organisations like yours can be helped. Such as, ensuring you are adequately protected with the right insurance cover.
What type of insurance cover can not-for-profit organisations and charities benefit from? Why do they need insurance at all? Let’s find out.
Why do Not-for-profit Organisations & Charities need insurance?
Whether or not a business is for profit or not, there are still many risks involved. And, increased government red-tape and a greater awareness of legal rights, has meant that operational risks faced by not-for-profit organisations have grown substantially in recent years.
While such organisations dedicate their efforts to improve our community there could be unexpected losses such as theft, fire, or other property damage, an injury to a volunteer or harm caused to a third-party can threaten everything – even your organisations’ survival.
Insurance can help ensure you can keep doing all the wonderful work you do, whilst being protected, without the worry.
Types of Insurance for Not-for-profit Organisations & Charities
There are many different types of insurance out there, along with many factors about your charity or organisation, which will help determine which type is right for you.
Here are just some of the types of insurances that may be required for not-for-profit organisations and charities:
- Association Liability Insurance (including Director & Officers/Officials Liability)
- Public & Products Liability Insurance (including fundraising activities & event liability)
- Voluntary Workers Personal Accident Insurance
- Workers Compensation (for remunerated employees)
- Business Package Insurance (property insurance)
- Motor Vehicle Insurance (either single units or a fleet)
- Professional Indemnity
- Industrial Special Risks
- Cyber Liability Insurance
- Travel Insurance (either single journeys or on an annual basis)
These insurances cover everything from the people you hire, the people you serve, the property you work from, the car you drive for charitable purposes, the travel you do for charity, and more.
Supporting Charities at Grace Insurance
At Grace Insurance, we support 5 incredible charities.
Not only do we manage some of their insurance needs as part of our sponsorship, to ensure they’re adequately protected, we actively donate to them too. Feel free to get in touch with them and offer your own support.
The right insurance for your Not-for-profit organisation or Charity
Having the right insurance program in place is a critical component of managing the day-to-day operational risks of your not-for-profit association or charity.
Grace insurance can develop a solution to protect your assets as well as your liabilities and most importantly protect your people.
We’re here to find out more about you and your charity or organisation and advise you on which type of insurance you may need. We can help you understand your risks and provide you with an obligation free quotation on these insurances too.
Let Grace Insurance take care of your risks so you can focus on the wonderful work you are doing in the community.
Located in Perth and Sydney Grace Insurance are able to service all of Australia, Grace Insurance is the region’s premier insurance resource, delivering top-notch solutions to help cover all aspects of your home and business or faith organisation. Contact us today to learn more about our faith insurance coverage and let’s connect!
Grace Insurance does not accept any liability arising out of any reliance on the information in this article. We urge you to consult your insurance broker for personal advise, as we only provided general advise.