Nonprofit organizations that rely on volunteers must do what they can to protect their workforce the same way they would protect paid employees. However, volunteers require special considerations that paid staff does not. Luckily, volunteer insurance companies such as VIS specialize in the types of coverage best suited to volunteers.
Medical Expense Reimbursement
Medical insurance for volunteers is an inexpensive way to cover on-the-job accidents in states that do not require workers’ compensation. For $100 per year, you can cover your entire crew of volunteers for up to $50,000 per accident.
Volunteer Liability Insurance
Volunteers have a willingness to serve, but they make mistakes just like anyone else does. Volunteer liability insurance provides up to $1,000,000 toward legal fees if someone sues your organization over the actions of a volunteer.
Accident Liability Insurance
If your volunteers drive to and from the job site or as part of their duties, accident liability insurance should be a priority in your budget. It covers up to $500,000 in damages a volunteer may cause in an automobile accident.
If your insurance company does not offer dedicated volunteer insurance, find one that does. Taking care of your volunteers and protecting your nonprofit’s financial future can go hand-in-hand if you choose the right coverage options.