Explain Why Non-Profit Organizations Ought To Have Insurance

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Why Non-Profit Organizations ought to have Insurance
Non-profit organization insurance is a policy cover which takes responsibility of all the costs incurred when a threat arises against a nonprofit. Nonprofits are liable to any risks experienced within their premises, despite the fact that they offer charitable services. Since each of the non-profits has different needs, the insurance policies are tailored to meet them.

Who it is Offered to and How it Works

This type of insurance is meant for organizations which invest their surplus revenue in achieving their mission, rather than dividing it among the shareholders as dividends. It works by covering all the assets under the possession of the nonprofit in case of damage, covering the costs

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