Your charity’s management team and trustees are responsible
for making sure your charity is fully covered and your insurance policy is fit
for purpose.
With a rise in litigation cases, ensuring your charity has
the right level of cover is essential and public liability insurance is
compulsory!
But how do you know what is the right level of cover? How do
you ensure your charity is covered should a claim be made against you?
Visit https://www.gov.uk/government/publications/charities-and-insurance-cc49
to read the Charities & Insurance guide from The Charity Commission to help
you decide what insurance is appropriate for your charity. You will establish
what insurance is required by law and how you can identify, assess and manage
risks your charity might face and what insurance cover may be required to
manage those risks.
The document covers all aspects of insurance from building
and contents insurance to cover a charity’s property against loss or damage to
insurance that might be needed to cover a charities third party liabilities
including public liability insurance.
Other questions that you may need answered include whether a
charity can use its own money to buy insurance? Or where to get advice on what
insurance a charity should take? This extensive guide will help you understand
your insurance requirements and gives further sources of information on how to
go about buying insurance.
Don’t delay, make sure your organisation has appropriate
insurance cover today!