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Insurance for corps


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Have no idea how corps protect themselves so basic question. What kinds of insurance do corps carry and what does it protect against? And what are the corps responsibilities to make sure the insurer will cover a claim? (And probably unanswerable question is if rates are going up with more abuse claims coming out)

Only background is dealing with a church and child abuse protection. Our insurer wanted us to come up with a protection policy AND FOLLOW THRU WITH IT. After we would do that our rates would go down (win win for church and insurer)

Edited by JimF-LowBari
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