Running a food bank is a great way to give back to the community and lift up those having a hard time putting a meal on the table. However, altruistic endeavors are not without risk. First nonprofit insurance can help cover the risks associated with running the community-oriented service.

Volunteer Injuries

Food banks rely on volunteers to dispense food, organize the donations and interact with those in need. However, if one of them gets hurt, who is responsible for their medical treatment? Not all states require food banks to carry workers’ compensation insurance on their volunteers. Tangram Insurance offers nonprofits the ability to protect volunteers with a workers’ compensation policy, so they can focus on serving the community.

Special Events

With Fall in full spring, it won’t be long until the holidays come booming with donations and needy families. Many food banks have special events to drum up exposure to help throughout the year during this time. Special Event Insurance can help cover the liabilities during these events should someone slip and fall or damage property at a venue.

Misappropriated Funds

Like all institutions, nonprofits often are run by a board of directors. D&O insurance can help the nonprofit payout if a director or officer is found guilty of misappropriating funds.
A lawsuit can be devasting for a nonprofit especially a food bank which relies on donations. Protect yours with first nonprofit insurance.