Charity Insurance
Charity Insurance
It’s essential that your charity benefits from quality, bespoke charity insurance coverage. We’re proud to provide a range of charity insurance services, suitable for all manner of charities, community groups, voluntary organisations, social enterprises, and more.
We can help you find and organise the right charity insurance coverage for you. Using the benefit of our considerable industry experience, we can ensure special considerations such as Reputational Risk and Trustee Indemnity are taken care of, ensuring your peace of mind.
Is insurance necessary for your charity?
Yes. You have a legal duty of care to take appropriate measures to protect your charity’s assets and resources. Depending on the nature of your charity, you will require certain types of cover.
For example:
• Insurance to cover the loss of funds or property/possession damage
• Staff and volunteer travel insurance for foreign operations
• Fidelity insurance to protect against fraud and dishonesty
• Professional indemnity insurance to cover services provided
• Vehicle insurance for every vehicle driven for charity purposes
If you’re unsure, we can help you can carry out a risk assessment to determine the level of insurance coverage your charity requires.
Volunteer and staff insurance
Volunteer and staff insurance
You need to take out employer’s liability insurance if your charity has paid employees &/or volunteers. This can help to protect your charity if there are any claims for injuries due to accidents that occur whilst working on your behalf.
You need, by law:
• Coverage amounting to at least £10 million
• Employer’s liability insurance provided by an authorised provider
• A permanent and prominent display of your insurance certificate on the premises
You risk a fine of up to £2,500 every day that you do not have the employer’s liability insurance that you legally require. It’s essential your coverage also extends to any volunteers who may work on behalf of your charity. Again, we will discuss this with you to ensure you are correctly protected.
Property/vehicle insurance
Property/vehicle insurance
You’ve a legal requirement to arrange coverage for any vehicle your charity uses and operates on public roads. Public liability insurance should also be considered if your charity occupies land or buildings. This can help protect your charity from claims made by anyone who suffers an injury or loses/damages personal property due to your negligence.
There are other forms of charity you might consider, including:
• Buildings insurances, to cover repair costs
• Contents insurance, to protect against theft, loss, or accidental damage
• Legal expenses insurance, to cover legal fees
• Trustee Indemnity
You risk a fine of up to £2,500 every day that you do not have the employer’s liability insurance that you legally require. It’s essential your coverage also extends to any volunteers who may work on behalf of your charity. Again, we will discuss this with you to ensure you are correctly protected.
Events insurance
Events insurance
Public liability insurance can help provide coverage for fundraising events operated by your charity, including fetes, fairs, shows, raffles, or performances.
Certain venues may require a minimal level of coverage.
Cover can also be provided in case you need to cancel an event due to poor weather.
We can look at insuring all your events across a 12 month period, or just selected ones as required.
Contact Details
Contact Form
Garratts Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority (Reference Number 300659). Registered in England & Wales with number 04384194. Registered office: 7th Floor, Corn Exchange, 55 Mark Lane, London, EC3R 7NE