Essential Insurance Insights: Critical Topics for Youth & Community Service
In a time when organizations dedicated to serving youth and vulnerable community members are more vital than ever, ensuring the organization’s own long-term stability and protection is paramount. A crucial, often challenging, aspect of this stability is securing adequate Sexual Abuse or Molestation Liability (SML) coverage.
The insurance market for SML has been “hardening”— coverage is becoming more limited, more expensive, and harder to obtain. This trend directly impacts the ability of nonprofits, schools, religious organizations, youth sports leagues, camps, and other community-serving entities to operate with confidence and financial security.