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Insurance
Reviews
A church board has many
obligations to fulfill during the course of a
year. Its duties often reach beyond the spiritual
well-being of its congregation to things like
insurance.
As we start a new year, please take time to
review your client’s insurance needs. This project
can be one of the most valuable tasks you perform all
year. Protecting your religious institution client
comes down to more than just dollars and cents; it is
also about proper, specialized and high-quality
insurance coverage.
Please consider the following
questions:
Building and Property
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Has the square footage
changed?
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Have building updates or improvements
been made in the past year?
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Has there been a change in business
personal property?
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Have structures been purchased, sold or
rented?
Liability
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Are there newly added special events that
need special coverage considerations?
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Do they lease or loan space to outside
organizations?
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Is there a daycare, preschool or school
established onsite?
Additional
Coverage
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Have changes been made to the automobile
schedule?
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Is the directors & officers coverage
rated for the appropriate number of participants, if
applicable?
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Is the umbrella coverage
adequate?
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Do mortgagees need to be added or deleted
from a policy?
We understand that updating your insurance
policy might not always be a priority for your
clients. However, in the event of a loss, a
properly tailored, updated and well understood insurance
policy may be their best friend.
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