
Does It Really Matter Who Pays For Church D&O Insurance Coverage?
Faith, Stewardship, & Insurance: Protecting Texas Churches
• 6 min
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In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley of Insurance for Texans delves into the important question of who should pay for directors and officers insurance. Through a case study of a Fort Worth church struggling to fill leadership positions, Wadley explains the purpose and importance of D&O insurance. It protects leaders from personal financial loss due to lawsuits. He argues that for most Texas churches, incorporating this coverage into the church's overall insurance plan is the best practice to ensure strong leadership and protect the church's interests.
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00:00 Introduction to Faith Stewardship and Insurance
00:27 The Importance of Directors and Officers Insurance
00:46 Case Study: Fort Worth Church's Leadership Challenge
01:33 Understanding Directors and Officers Insurance
02:18 Why Churches Should Pay for D&O Insurance
03:44 How Insurance for Texans Can Help
04:33 Conclusion and Final Thoughts
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