Boardwalk Insurance Can Write Liability Insurance for Performing Arts ' Non-Profit Groups - KPLC 7 News, Lake Charles, Louisiana

Boardwalk Insurance Can Write Liability Insurance for Performing Arts ' Non-Profit Groups

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SOURCE: Boardwalk Insurance Group

Boardwalk Insurance can now write new all-in-one insurance for non-profit group policy that provides museums, art galleries, theatre companies, comedy/dance/musical troupes, ballets, choirs or orchestras the opportunity to purchase General Liability, Property, Inland Marine and Directors & Officers/Employments Practices Liability coverage all through one policy.

Houston, TX (PRWEB) November 18, 2012

Non-profit groups generally fundraise for the majority of their yearly funding. Since funding is not guaranteed, non-profit groups need to think on their feet, and finding insurance is not always the first thing on their minds. Having comprehensive insurance for non-profit groups can pay off by providing protection for the organization from the cost of events that might otherwise shut the non-profit organization down.

Boardwalk Insurance can now write new all-in-one insurance for non-profit group policy that provides museums, art galleries, theatre companies, comedy/dance/musical troupes, ballets, choirs or orchestras the opportunity to purchase General Liability, Property, Inland Marine and Directors & Officers/Employments Practices Liability coverage all through one policy.

Each of these liability insurance coverages is an added layer of protection. Boardwalk Insurance group feels this new insurance for non-profit groups gives comprehensive protection at an increased value for the organization.

TARGET ZONE - Our highest hit ratio

  •     New and existing Organizations
  •     No overnight tours/performances
  •     Up to 100 Annual performances
  •     Up to 1,500 attendees per performance
  •     Annual revenue up to $1,000,000
  •     Property Limits up to $1,000,000
  •     No losses, claims or circumstances (excluding closed without payment) in the past three years
  •     Up to 50,000 square feet for Museums and Art Galleries

ADVANTAGES

  •     General Liability
  •     General Liability on an Occurrence form
  •     Mental Anguish and Emotional Distress included in the definition of Bodily Injury
  •     No liability deductible
  •     No premises limitation
  •     Molestation and Abuse sub-limit of $50,000 available at no additional charge
  •     Property on Special Form
  •     Optional Equipment Breakdown Coverage
  •     Optional Value Plus Endorsement (14 additional coverages for one low flat charge)
  •     Optional Inland Marine Coverage (not available for museums or art galleries)
  •     Directors and Officers Employment Practices Liability
  •     Separate limits of liability for Directors & Officers (D&O) and Employment Practices Liability (EPL) claims (Note: EPL is an optional coverage, which can be purchased in addition to D&O, but not on a monoline basis.)
  •     Unlimited defense outside the limits
  •     Lifetime Occurrence Reporting Provision
  •     Third party sexual harassment and third party discrimination coverage
  •     Punitive Damages, where insurable by law, included automatically
  •     Full Prior Acts Coverage
  •     Optional fiduciary liability coverage
  •     Duty to defend

AVAILABLE LIMITS:

  •     Property for protection class 1-8 is $1,000,000
  •     Property for protection class 9-10 is $200,000
  •     Property values up to $500,000 per location for defined Coastal Zones (wind exclusion applies)
  •     General Liability limits up to $1,000,000/2,000,000
  •     Molestation and Abuse sub-limit of $50,000/50,000
  •     Directors and Officers/Employment Practices Liability up to $5,000,000 (the EPL limit may not exceed the D&O limit)

Insurance for non-profit groups provides essential protection to non-profit groups, especially since many groups would not have funding to pay for any damages they may face. To find the best insurance for non-profit groups, an independent insurance agent, such as a representative from Boardwalk Insurance Group, can do the work of shopping around to find the best insurance for non-profit groups available. With 23 affiliated insurance providers and licensed to write policies in over half the United States, Boardwalk Insurance Group has the ability to take the time to understand your needs and create the most appropriate policy for you. Contact them today for an insurance quote.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/11/prweb10147195.htm