Like any business, non-profit organizations will need to protect their finances and assets with a suitable business insurance policy. Non-profit business insurance plans are designed specifically to meet the unique coverage needs of these groups.
There is a common misconception that non-profit and charity groups are immune to lawsuits and liability risks. Your non-profit organization is responsible for the actions of employees and volunteers. Because of this, as a business leader, you must take adequate risk-management measures by obtaining suitiable non-profit business insurance.