Legal claims, accidents and general risks for nonprofits are on the rise, so the importance of procuring adequate insurance is more important than ever. But do you wonder what you are “buying” when you sign up for an insurance policy? What do the pages and pages of tiny type, endorsements, exclusions and disclaimers really mean? And with so many options on the market – and even more areas of exposure – what exactly do you need for adequate coverage? Conversely, what types of insurance can the budget-conscience nonprofit afford to decline? Understanding the various types of insurance and what they cover, confusing terminology, and your unique risks can protect you from significant liability and allow you to focus on your mission with peace of mind.
Please join John Bradley as he walks you through a typical insurance policy, explaining key terms to focus on, what it all means, and how the right choice can potentially save your nonprofit from unnecessary exposure.
WHAT YOU’LL LEARN
Just a sampling of the many practical tips you’ll take away:
- The four main types of insurance and what they cover
- The meaning of key terms in nonprofit business insurance policies
- What terms to scrutinize most closely
- Potential loopholes and pitfalls
- Identifying areas of exposure
- Risks associated with substandard policies
- What you can and can’t afford to omit
YOUR CONFERENCE LEADER
Your conference leader for “Insurance Policies for Nonprofits: Understanding Different Coverages and Determining Your Needs” is John Bradley. John is an attorney in the West Columbia, South Carolina office of Moore Taylor Law Firm, P.A. In his 25 plus years of practice has involved numerous areas of law including appellate practice in state and federal courts, construction law, commercial liability, and products liability. His present practice primarily focuses on representing physicians, hospitals and medical care providers in the defense of professional negligence claims as well as representing and advising educators in employment matters before their local school boards and the State Department of Education.
John has long been active in nonprofits at the local and state level. He is a former president and current vice president and volunteer of the Friends of the Richland Library, a nationally recognized library system. He presently serves as a member of the Richland Friends Book Sale Committee, a group that raises money for the Friends through quarterly book sales, put on entirely through volunteer effort. As president of the Richland Library Friends he served as a member of the Richland Library Foundation Board. He is immediate past president and current board member of the Friends of South Carolina Libraries, an organization made up of library friends groups throughout the state of South Carolina. His duties and responsibilities as president included working and consulting with local Friends groups as well as with individuals interested in forming friends groups.
An avid runner, John presently serves on the board for the Carolina Marathon Association, an organization that puts on two showcase running events in Columbia, the Governor’s Cup Road Race and the Heart and Sole race. He has served as race director and course manager for several other local road races.