Business Insurance (For-Profit and Nonprofit)
Whether for-profit or nonprofit, organizations should have
certain kinds of insurance. Liability insurance is highly recommended
for property and automobiles. Worker’s Compensation Insurance
is state-required when you have employees. Part of the decision
about what insurance to buy depends on the nature of the business.
For example, if it has a lot of assets, it might consider theft
and property damage insurance. You may want life insurance on
you and other critical personnel in your organization. You also
may want to consider various other forms of insurance, for example,
Directors and Officers (if you have a Board of Directors) or business
Sections of This Topic Include
Related Library Topics
Management: What to do once a crisis already has occurred
Management: Guarding against theft, disasters, and about security
in the Workplace: About types of workplace injuries, programs
to reduce accidents, etc.
Learn More in the Library’s Blogs Related to Business Insurance
In addition to the articles on this current page, see the following blogs which
have posts related to Business Insurance. Scan down the blog’s page to see various
posts. Also see the section “Recent Blog Posts” in the sidebar of
the blog or click on “next” near the bottom of a post in the blog.
Basics: Types of Insurance to Consider and What They Cover
Worker’s Compensation Insurance
Additional Information for Nonprofits
Overview of Liability Insurance (including Directors and Officers
Alliance of California
Risk Management Center (extensive information about nonprofit
Nonprofit Mutual Insurance Company
Directors and Officers Insurance
For the Category of Insurance (Business):
To round out your knowledge of this Library topic, you may
want to review some related topics, available from the link below.
Each of the related topics includes free, online resources.
Also, scan the Recommended Books listed below. They have been
selected for their relevance and highly practical nature.