Non Profit Associations in Alaska

Nonprofits and associations carry a different kind of risk than a typical business: volunteer boards making governance decisions, donated funds that need safeguarding, and events that bring the public onto your property. Business Insurance Associates builds insurance programs for nonprofits, associations, and community organizations across Alaska.

Coverage for Nonprofits and Associations

A standard general liability policy leaves real gaps for a mission-driven organization. Depending on your organization, your policy may include:

• Directors and officers liability for claims of mismanagement or wrongful acts
• General liability insurance for events, meetings, and facility use
• Employment practices liability for hiring and workplace claims
• Crime and fidelity bonding for funds handled by staff or volunteers
• Property insurance for your office, equipment, and donated goods
• Volunteer accident coverage, since Alaska does not require workers' compensation for volunteers

Organizations that own their building should also review our commercial property insurance options.

Protecting Volunteer-Run Organizations

Many Alaska nonprofits and associations run on a small staff and a volunteer board, which means less financial oversight and more reliance on trust. That combination is exactly where fidelity bonding and directors and officers coverage earn their premium, and it is worth reviewing both whenever your board or leadership changes. Because Alaska law does not require workers' compensation for volunteers, we also help organizations decide whether a volunteer accident endorsement makes sense for their fundraisers, meetings, and community events.