Our knowledge of the voluntary sector is vital when insuring Charity organisations. Charities operate differently from commercial organisations, relying on volunteers, hosting community events, managing donated assets, and delivering services to vulnerable people and animals. Because of this, your charity risk profile requires a specialised approach. Lloyd & Whyte Community Broking works closely with you to understand your activities, size, and risks before recommending appropriate charitable organisation insurance solutions. This article looks at what coverage your charity may need, why you need it, and how we can help.
A core part of charity insurance is Public Liability Insurance. This coverage protects your charitable organisation if a member of the public (volunteers, suppliers, and donors, for example) is injured or their property is damaged because of your charity’s activities. If you run fundraising events, use community spaces, or provide outreach services (helping the homeless, for example) you can face potential liability risks. Public Liability Insurance helps safeguard your charity’s finances if claims arise.
Employers’ Liability Insurance
Employers’ Liability Insurance is a legal requirement in the UK if you employ staff. If your charity employs paid staff, this type of insurance protects the organisation should an employee suffer from illness or injury as a result of their work and raise a compensation claim against you. We can also include cover for volunteers to ensure everyone that helps in your organisation (paid or unpaid) is covered, and you’re protected.
Charity trustees have legal responsibilities under the Charities Act 2022 (Part 4). As a trustee, your decisions can lead to legal challenges or regulatory scrutiny. Trustee Indemnity Insurance protects people serving as trustees against personal liability. This can be brought about from claims related to mismanagement, breach of duty, or errors in governance. If you are recruiting trustees and looking to retain them, Trustee Indemnity Insurance is essential protection for individuals who might be concerned about their personal financial risk. It is important to note that this policy does not cover trustees who have acted dishonestly or recklessly.
Property Insurance (Buildings & Contents)
If your charity owns and runs a community centre, shop or office, Property Insurance is crucial. If your building suffers from a flood, storm damage, fire, or theft, this insurance can pay for replacement and rebuild. In turn, this makes sure your charity can keep operating in the event of property damage or destruction. Property Insurance can include buildings owned or rented by your charity; equipment used for community services, IT systems, and donated goods.
Ongoing support with your cover
As your charity expands and grows, your insurance needs to adapt to it. You might offer new services, move to a larger premises, or launch new programmes. We can regularly review your insurance to help you remain accurately insured – avoiding underinsurance or paying too much. Our insurance experts are on standby to arrange cover for your charity and keep it current and correct.
Claims handling
We don’t just stop at arranging your policy for you. We provide dedicated support should you need to make a claim. We will liaise with insurers and on your behalf, helping get a swift resolution around your insurance claim.
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