Goal
Secure insurance for #NYCEDU to minimize risks and take care of our community. There are two types of insurance we are specifically looking into, general liability insurance and directors and officers insurance.
Next Steps
Michael to get quotes for insurance ← currently on this step
Michael to propose best options
Board to vote on insurance options
Additional Resources
A Board Member’s Guide to Nonprofit Insurance
Do Nonprofits Need Liability Insurance?
Hey @board-circle
Still working on the final quote for all the liability insurance we need: General, Property, and Board.
Here’s a folder with the quotes I’ve gotten so far.
https://drive.google.com/drive/folders/1-GuLBR6lueOJBzOgaLEeWocYYqO8tR6e
I’m waiting on one quote for the Board insurance. Once we get that, I can make a recommendation.
Will keep you all updated.
Wow I don’t even know how I missed this. I’ll check it out for YPC. I’ll report back.
Hey Folks.
I submitted a request to receive a quote for D&O insurance through the Nonprofit Insurance Alliance. I also asked the broker who prepared a quote for us last year, to update our information and give us a new number.
I’ll let everyone know what we land on.