Nonprofit Leaders' Secret Weapon Directors Officers Insurance Unveiled

Why Nonprofits Need D&O Insurance

Nonprofits, like any other organization, face potential lawsuits from employees, beneficiaries, or even government regulators. Without D&O Insurance, the personal assets of directors and officers could be at risk. This insurance provides a safety net, allowing leaders to make decisions without the fear of personal financial ruin. Furthermore, having D&O Insurance can enhance the organization’s credibility, making it more attractive to potential board members and donors who see the organization as well-managed and risk-aware.