Should nonprofit organizations purchase Sexual Abuse Coverage as part of their insurance program?
Yes, and here is why:
While an organization itself cannot commit an act of sexual abuse, the allegation of such an act maybe brought against an employee or volunteer. In such cases, the organization itself will almost always be named in the lawsuit. Defense costs alone are very expensive even if no party is found guilty.
Sexual abuse coverage is purchased as part of your General Liability coverage and is available from NRS. It can also be included under your Excess Umbrella policy.
Sexual abuse coverage should be part of non-profit organization's insurance program. A mere allegation of sexual abuse could be devastating to your organization. For more information, contact NRS.