Nonprofit organizations purchase insurance for many reasons, covering many exposures (risks), at a wide range of prices. This book puts insurance in perspective as a risk-financing tool that is part of an overall risk management strategy. It gives an overview of what insurance can and can't do to protect a nonprofit's mission. You'll understand the role of an insurance professional and how to go about evaluating the services you're receiving and putting your insurance program ?out to bid.' You'll be able to identify and rank the types of protection you would like to have and know how to go about interpreting and understanding insurance contracts. You'll understand why insurance is hard to obtain and costs more during some years and is easy to obtain and costs less during others. Anyway you slice it, insurance is a complicated topic. This book helps cut through the confusion and unfamiliar terms, putting comprehensive insurance protection within reach for your nonprofit.
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