Charity Insurance
Our charity insurance service provides cover for UK charities, from public liability insurance to charity trustee indemnity. Please follow the links below for more information:
Charity Insurance
Sample of package cover
Flexible tailor made policy
How do I calculate sums insured?
Charity Policy Benefits
Trustee Indemnity
Trustee Indemnity Quote
Please use the buttons below to contact an us on-line or call 0845 257 1355 to discuss your requirements.
"Special Relationships"
As a specialist charity insurance broker for all sizes of charities, we have strong relationships with charity insurance companies to offer a range of cover, to meet the needs of most charities, voluntary and non-profit organisations.
Please contact us on 020 8651 7420 to discuss your requirements, whether it be for charity liability insurance or a complex package. Alternatively you may submit your charity details for quotation online. Typical proposal forms for charities can be viewed here.
With the growing trend to resort to litigation in today’s society, there is an ever increasing exposure to liability risks. In addition, other financial and legal requirements place a more onerous responsibility on officials and trustees to ensure that adequate insurance arrangements are in place. We can arrange this cover and to an appropriate level for you. We start with simple and economic ways through to comprehensive packages of cover appropriate for the majority of small to medium-sized charities and voluntary organisations with options to increase limits and add cover.
Example of the standard charity insurance cover:
Cover includes:
Contents sum insured as required plus £2,000 stock to include accidental damage cover.
Employers Liability £10 million indemnity limit.
Public Liability £2 million indemnity limit. Including community work away from your premises.
Account Book Debts £10,000 sum insured not recoverable following an insured loss
Business Interruption
a) Loss of Income £25,000 sum insured; or
b) Extra Expenses £10,000 sum insured
Legal Expenses from £50,000 indemnity limit
Money £2,000 in transit/during working hours
Personal Accident Assault £10,000 / £100 per week
Personal Accident £10,000 / £100 per week
24 Hour Help lines Emergency, Legal and Counselling help lines
Higher indemnity limits and sums insured are available and additional sections of cover can be added.
Flexible Charity Insurance Policy
We can tailor make your charity insurance policy so that you may choose to cover contents only, buildings only or liabilities only. If at any time you need more cover the policy can be adjusted accordingly.
Calculating Sums Insured
When calculating your sums insured you should include VAT to the extent that you may be liable to pay it.
Buildings - the cost of rebuilding as new including an additional amount to cover debris removal, architects' and surveyors' fees.
Contents and All Risks - the cost of replacement as new.
Documents - the value as stationery or other materials.
Stock - for donated stock the second-hand value and for new stock the cost price to you.
Extra Expenses - the estimated additional costs you will incur during the Indemnity Period in trying to minimise the loss (including the cost of removal to temporary premises, increased rent, rates, salaries, and the cost of clerical time in reproducing business books and documents, and up to £2,500 for computer systems records).
Loss of Income - the estimated annual gross income (includes Extra Expenses).
Gross Profit - the amount by which the sum of turnover plus the value of closing stock and work in progress exceeds purchases plus the value of the opening stock and work in progress and uninsured working expenses.
An allowance for any inflationary trends and any expansion should be included.
Added Benefits
No claims bonus can be built up
Discounts for Long Term Undertakings - offering your insurance to the insurer for a fixed period of years.
24 hour emergency assistance help lines
Index linking of sums insured
Monthly instalments available.
Charity Trustee Indemnity Insurance
This insurance is specifically designed to cover the management risks incurred by charities and their trustees. Cover can include Professional Services such as financial advice or counselling. The cover brings peace of mind to the charity trustees, directors and officers who can be secure in the knowledge that most personal losses will be met. If you are not a recognised charity we can still provide you with the management risks and professional indemnity cover.
For more details, please see go to our dedicated page: Trustee Indemnity
We recommend that you complete our quote enquiry form so that we can confirmation a premium based on your requirements. You should also check with the Charity Commissioners. Click here to view (Acrobat .pdf file) a guide to Trustees and Directors & Officers Liability produced by Ansvar Insurance, winner of the Insurance Services of the Year Award at the UK Charity Awards 2001.
We look forward to hearing from you.