Church Risk

Why Your Church Needs Directors & Officers Insurance

Posted by on January 11, 2019 at 7:30 pm

The primary role of nonprofit directors and officers is to maintain financial stability and provide the necessary resources, direction, vision, and environment to accomplish the goals and mission of the organization.  The unique nature of nonprofit organizations presents directors and officers with difficult challenges in performing this role. Most churches operate on very tight budgets.  […]

Churches Are Full Of Risk

Posted by on December 11, 2018 at 5:45 am

The insurance market is cyclical; if prices have been low or dropping over the past year, they eventually will go back up. You must account for this change within your budget and be prepared for a premium increase next year. Limit your exposure to losses! You need to make your company attractive to insurers. This […]

Misconceptions About Cyber Liability

Posted by on November 26, 2018 at 6:43 pm

Cyber liability coverage (for data breaches) has evolved from just insurance for information technology companies to coverage that nearly every kind of business should have – if they don’t already. From retailers, banks, contractors, distributors, restaurants and medical offices, many companies are unaware of the severe data breach exposure they face. In short, any business […]

Church Board Failures

Posted by on November 18, 2018 at 6:46 pm

Being selected to serve on your church board is a great honor. It can be a rewarding ministry and provides one of the most valuable services to the body. Serving on a church board can really have a meaningful impact but also have some dangers. We have seen many boards get caught in traps, and […]

Youth Ministry Risk Management

Posted by on November 9, 2018 at 10:31 pm

Risk Management that could have helped Penn State and Syracuse University sports teams. The awful discovery these past few weeks from prominent Universities and iconic head coaches like Joe Paterno and Jim Boeheim that their immediate staff was potentially abusing children was quite sad. Unfortunately these circumstances are not isolated and could happen to any […]

Earthquake Insurance… Just The Facts

Posted by on October 24, 2018 at 4:22 pm

Everyone knows they need earthquake insurance, but not every business buys it. Let’s review some facts. The U.S. has about 20,000 earthquakes a year, mostly small, and 42 states are at risk of quakes, according to the U.S. Geological Survey. Just 10 percent of California businesses with property insurance also carry earthquake coverage, according to […]

Workers’ Compensation Best Practices

Posted by on October 18, 2018 at 4:04 pm

Business owners go to great lengths to provide a safe working environment for their employees. However, when dealing with humans, accidents can happen, and Workers’ Compensation Insurance can help.  Workers Compensation Insurance should be an important part of every risk management program. What Is Workers’ Compensation? Workers’ compensation insurance is insurance that provides lost income, […]

Reduce Your Ministry Insurance Costs

Posted by on October 11, 2018 at 4:18 pm

Reduce Your Ministry Insurance Costs We offer a number of proven methods of reducing insurance premiums without affecting coverage.  We recommend a review of your program to determine if these areas can be managed differently to reduce costs. We are ready to help you work through the process.  Here are six methods we can recommend […]

Does Your Church Need a Water Alarm?

Posted by on September 19, 2018 at 8:03 pm

When a pipe bursts or a sump pump fails, water can flood huge areas of a church building. Stopping the flow quickly can mean the difference between having to dry out one classroom or an entire wing of the building. Water alarm systems can help your ministry stop a flood before it starts. Not only […]

Five Common Problems That Lead To Financial Losses

Posted by on August 31, 2018 at 2:49 am

Is Your Church Protected? A recent report issued by the Association of Certified Fraud Examiners, places the cost of employee fraud at 7% of annual revenues.  Employers with less than 100 employees saw a median loss of $200,000 according to the ACFE. Another study performed by the Institute for Corporate Productivity and HR.com showed that […]