There are in excess of 160,000 charities and other not-for-profit organisations in the UK, and while there’s no doubt that each one plays an important role in our communities, it’s all too easy for things to go wrong. As with any other business or organisation, charities are prone to unforeseen misfortunes, against which they must make sure they are protected.
At Thompson & Co Insurance Brokers, we work alongside a selection of different charities and voluntary organisations, providing a broad range of customised Charity Insurance solutions to fit perfectly the specific needs and requirements of our clients, whether they’re small local community ventures or major nationwide organisations.
Our experienced and dedicated team of insurance professionals understands the needs of the charity sector extensively, as well as its wide variety and diversity. We work closely with our clients and provide them with the best insurance policies available, making sure that those policies are created to suit each client’s specific and wholly unique requirements.
Who needs Charity Insurance?
As well as the more well-known national charities, there is a whole host of other voluntary and non-profit organisations that need to make sure they are covered for when things go wrong. These include the following:
- Youth Groups
- Theatre Groups, Art Groups and other local creative organisations
- Advice & Support Organisations
- Nature-based organisations such as Conservation Areas, Preservation Trusts, Parks & Open Gardens
- Regimental & military clubs
- Catteries, Kennels and Animal Welfare Hospitals
- Working Museums
- All different kinds of Social Enterprises
- Charity Shops
What does Charity Insurance protect against?
As with any other business, there are many things that can go wrong within charitable organisations. Some of the more common incidents might include a volunteer injuring themselves, an accident at a fundraising event involving a member of the public, or even an allegation of wrongdoing against a charity employee or trustee. Any of these could have disastrous consequences for your organisation.
To make matters worse, charities are often particularly vulnerable as they may not have the finances available to pay any costs or damages to which they find themselves liable in the event of a successful claim. Therefore, it really is essential that all charities and charitable organisations have full charity insurance.
What cover is available for charities?
Charities typically require some or all of the following types of cover:
- Employers’ Liability Insurance
- Professional Indemnity Insurance
- Public Liability Insurance
- Management Liability Insurance
- Personal Accident cover
- Employment Law protection
- Building Insurance
- Charity Trustees and Indemnity Insurance
- Charity Liability Insurance
- Charity Minibus Insurance
- Charity Trustee Insurance
- Charity Event Insurance
- Malpractice Insurance
At Thompson & Co, we enjoy great relationships with the UK’s foremost insurance companies so we can work out a customised cover package at a price to suit your budget. So, if you’re in the market for insurance for small charities and non-profit groups, you should contact us at Thompson & Co Insurance today on 0121 796 0123 and ask to speak to one of our charity insurance brokers.