Faith, Stewardship, & Insurance: Protecting Texas Churches
Helping church leaders, pastors, and administrators understand the basics of Texas Church insurance and how they can mitigate risk while maximizing the reach of their mission.
All Episodes
What Every Texas Church Should Know About Level-Funded Health Coverage
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the challenges that Texas churches face with rising health insurance premiums and the lack of transparency in fully insured plans. Specifically, the episode provides insights into level funded health coverage, which offers a more flexible and transparent option. Through the story of Felicia from a Fort Worth church, the episode highlights how level-funded plans divide payments into administrative fees, stop-loss insurance, and a claims fund. These plans help churches manage risks and potentially save on costs without slashing benefits or pushing staff into the ACA marketplace. If you are considering a level-funded plan for your church, connect with our church insurance team at insurancefortexans.com For more insight into church insurance, get a copy of our book, The Promise of Certainty at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:35 Understanding the Frustration with Traditional Health Insurance 01:08 Introduction to Level Funded Health Coverage 01:45 How Level Funded Plans Work 02:10 Addressing Concerns and Benefits of Level Funded Plans 02:55 Partnering with Insurance for Texans 03:36 Conclusion and Next Steps
How Directors & Officers Insurance Safeguards Your Church's Stewards
In this episode of Faith Stewardship and Insurance, host Ron Wadley wraps up the series on liability coverages for Texas churches by focusing on Directors and Officers (D&O) insurance. He explains the importance of D&O coverage for church leaders, including elders, deacons, and finance teams who make fiduciary decisions. By sharing a story about a church's financial scare, Wadley highlights the risks and legal implications that can arise. He emphasizes how D&O insurance protects both personal and church assets. He outlines what church leaders should look for when securing D&O coverage and offers guidance through the True Texas Church Insurance program to ensure proper protection for volunteers and leaders. Connect with our church insurance team at insurancefortexans.com Grab a copy of our book about church insurance at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:29 Series Wrap-Up: Liability Coverages for Texas Churches 00:33 Understanding Directors and Officers Insurance 01:30 The Importance of D&O Coverage 02:41 Key Features of D&O Policies 03:56 Guidance for Securing D&O Coverage 04:59 Conclusion and Next Steps
Faith Under Fire: Navigating Employment Lawsuits in Texas Churches
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the importance of Employment Practices Liability Insurance (EPLI) for churches. The episode opens with a real-world example involving Hannah, a long-time church member who faced a wrongful termination lawsuit against her church. Ron explains the unique liabilities churches face compared to traditional businesses and the significance of EPLI in protecting against employment-related claims such as wrongful termination, discrimination, and harassment. He emphasizes prevention through proper documentation, consistent HR practices, and comprehensive insurance coverage. Listeners are encouraged to review their current policies and consider EPLI to manage risks effectively. For a review of your church’s policy, connect with our church insurance team at insurancefortexans.com Grab a copy of our book at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:29 Understanding Employment Lawsuits 01:58 The Unique Liabilities of Churches 02:43 Employment Practices Liability Insurance (EPLI) 03:23 Preventing Employment Claims 04:14 Review and Resources 04:38 Conclusion and Final Thoughts
Digital Pulpit: Understanding Media Liability for Churches
In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the important topic of media liability for churches that publish online content. Highlighting a real-life example from a church in Lubbock, the episode underscores the new risks introduced by digital ministries, such as live streaming and social media activities. It elaborates on the types of exposures churches may face, such as copyright infringement and commentary on sensitive issues, and why standard liability policies often fall short. The episode emphasizes the importance of consulting with a church insurance specialist to secure adequate media liability coverage to protect the church's reputation, finances, and long-term ministry. For a review of your church’s policy, connect with our church insurance team at insurancefortexans.com Grab a copy of our book at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:25 Understanding Media Liability for Churches 00:47 Real-Life Example: Billy's Church in Lubbock 01:32 The Risks of Digital Ministry 02:18 What Media Liability Policies Cover 02:50 Common Surprises in Media Liability 03:33 Steps to Secure Media Liability Coverage 04:22 Conclusion and Next Steps