Insurance has become a modern day essential for every commercial and non-commercial entity. Looking at a range of risks that both individuals and businesses are exposed to, it makes sense to have a genuine financial protection plan to deal with unexpected and sudden financial losses which can be enough to disrupt any nonprofit's operations. Not only temporary disruption, in lack of an adequate financial security plan, churches and other nonprofits could be forced to shut down their operations permanently. There is a range of insurance coverage for churches and other religious organizations to choose from, but general liability insurance coverage is the most commonly bought insurance coverage taken by nonprofits and other businesses whose operations involve dealing with several persons in a day at their premises. Since many people come throughout the day, there are chances that some of them may sue you for showing disregard to their personal safety and failing to make necessary safety arrangements which resulted in them getting injured. If a person slips and falls inside your building and receives serious injuries, he/she could sue you for medical costs that were paid by him for his medical treatment. It is a well known fact that sometimes even a small injury can cause serious trouble and medical costs can run into hundreds and thousands of dollars. It is likely that your nonprofit may not be in a condition to pay for the medical bills, so you should get this type of insurance coverage to feel financially safe and secured. Religious expression coverage is another type of insurance that is still not offered by all church insurance carriers, but you could be facing a huge financial loss if your church does not opt to have this insurance coverage which provides a fair and reasonable protection from alleged discriminations by your church arising out of its religious communication or other activities that may cause mental injury to third party. When you have this type of insurance coverage, you are safe and free to continue practising your religious teachings and preaching that do not offend the sentiments of people from other religion or religious groups.
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