What insurance do nonprofits need?
An example of an AI chatbot conversation about insurance requirements for nonprofits.
What insurance do nonprofits need?
Nonprofits typically need general liability insurance, property insurance, and directors and officers insurance. Would you like details on each?
Yes, please explain general liability insurance.
General liability insurance protects nonprofits from claims of bodily injury, property damage, and personal injury. It's essential for safeguarding your organization.
What about property insurance?
Property insurance covers damage to your nonprofit's physical assets, like buildings and equipment, from events like fire or theft.
And what is directors and officers insurance?
Directors and officers insurance protects the personal assets of your nonprofit's leaders in case they are sued for alleged wrongful acts.
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