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A Short Guide To Volunteer Insurance

Volunteering your work and time is a noble pursuit.  Helping others with no gain to yourself is a great thing and can be extremely rewarding. However, it is important to consider the risk that can come along with volunteer work. Volunteers are often exposed to the same risks that typical businesses are exposed to, despite not being employees in the usual sense. This makes it vital for you to have volunteer insurance.

What Is Volunteer Insurance?

Volunteer insurance is exactly what it sounds like. It’s a type of insurance coverage that is designed to protect volunteer workers from the financial risks they may encounter while doing volunteer work.

Why Do You Need Volunteer Insurance?

To put it simply, if you have a claim made against you, you could face significant financial damages. Volunteer work related claims can be just as damaging as claims made against for-profit businesses and can often cost thousands of dollars in court fees, settlements, and judgments.

What Does Volunteer Insurance Protect You From?

Volunteer insurance can offer you protection from a variety of claims that are commonly made against volunteer workers. Some examples of claims are:

  • Bodily injury
  • Property damage
  • Breach of fiduciary duty
  • Fraud
  • Negligence

Volunteer work comes with a certain amount of risk. Volunteer insurance can make all the difference in terms of your financial security.