Most Churches operate on very tight budgets. One thing nonprofits can’t afford is an unexpected bill from a claim, especially if insurance could have been purchased to cover the expenses. Having the right insurance and agent can be critical to the overall success and health of your ministry. The primary role of church directors and […]
Every ministry faces risks of various kinds. If you have employees you have the risk of employee injury. You most likely buy workers’ compensation to protect yourself from this risk. No owner or manager wants to believe that their business is exposed to great risks; however, many situations may expose your company to lawsuits, liability, […]
Cyber Liability Trends Cyber Liability continues to be a major issue for many churches. Is Cyber Liability part of your Insurance Program? In today’s data-driven social media world, businesses of all sizes have had a cyber-attack or data breach. Statistics show 40% of all cyber incidents affect businesses with fewer than 100 employees. Here are […]
If you manage a ministry, you know how hard you have worked to get your business started and sustainable. Most small businesses fail in the first year. So congratulation, you have made it this far. Even if your firm is run out of your house or car, you should think about small business insurance and […]
Is your church interested in reducing operating expenses and workers’ compensation insurance costs over the long term? Most churches should concentrate on safety and loss prevention, as it provides the best return on investment. CMI can provide your firm with insurance options for your workers’ compensation needs. An effective safety program will include many different […]
Church board members have been placed in a position of trust, and they have a legal responsibility to place the church’s interests ahead of their own. This duty is known as their fiduciary responsibility. If board members use their position in the church for personal gain, they can be sued as individuals, thereby placing their […]
The recent riots in most major cities has prompted us to provide some much needed information regarding commercial insurance and how it interacts with riots and unrest. Generally speaking, damage to your building and other property due to a riot is a covered peril. This would include fire, theft, and vandalism. If you were forced […]
The CIOVID-19 pandemic has affected the way we do business in a very significant way. Many businesses are requiring people to work remotely. Employers are finding that having employees work remotely may be the new normal. COVID-19 has forced us to become more dependent on the internet, as desperate measures, like social distancing, disrupt economic […]
Commercial auto liability insurance is mandatory in all U.S. states. Getting the right amount of liability protection in place will help you to protect your assets in the event of an accident. It is essential to know that your personal auto insurance won’t cover your vehicles for business use. So, whether your business has one […]
Here are nine areas to consider when developing a risk management plan for your church. CMI can help you identify and manage your risks through insurance and safety services. Accident Prevention: Are your sidewalks well lighted, dry, and covered with non-slip material? Are walkways and doors kept free of obstructions? Are parking lots safe? […]
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