A Dangerously Fatal Assumption About Church Insurance
Faith, Stewardship, & Insurance: Protecting Texas Churches
Host Ron Wadley of Insurance for Texans explains how Texas church leaders can build a comprehensive insurance plan to avoid dangerous coverage assumptions. He shares a rural East Texas church case where a board let a trusted leader run a preschool in a church building. They assumed that her business policy protected the church, and did not buy their own liability coverage or ensure they were named as an additional insured. When the preschool policy lapsed for 18 days, a child was injured and the resulting lawsuit named the school, leader, pastor, and board. It forced the church to pay a $5,000 legal retainer, which was almost half of their yearly church budget.
Connect with our church insurance team at insurancefortexans.com
Download your free copy of our book, The Promise of Certainty, at thepromiseofcertainty.com
00:00 Show Introduction
00:34 Why Coverage Matters
01:30 East Texas Cautionary Tale
02:17 The Fatal Assumption
02:52 When Coverage Lapsed
04:11 Building Full Protection
04:49 Promise of Certainty
05:13 Next Steps and Resources
05:48 Final Encouragement
Loading