07
2017
Managing the risks of your nonprofit’s special events with insurance
Not-for-profit special events can be lucrative from a fundraising standpoint, but they also carry significant risks. Proper insurance coverage can help protect your organization.
Special event, special planning
Risks associated with special events run the gamut from accidents and personal injury, to fraud and theft, to cancellation due to inclement weather or nonappearance by a featured performer. However, it’s possible to buy designated “special events insurance.”
These policies provide coverage for lawsuits and claims brought by a third party who suffered a loss connected to the event.