Monitor Liability Managers, Inc. has developed a program specifically designed to respond to the unique liability exposures of directors and officers of nonprofit organizations. The NDANO program provides comprehensive director and officer liability coverage and is administered by the Bain Agency. Premiums, which start at $650, will vary based on total assets, number of employees and activities of the nonprofit.
Contact Steve Bain toll free at 877-234-2233 for more information.
Unemployment Savings Program
NDANO has established a partnership with First Nonprofit Unemployment Savings Program to provide members with an alternative to the state unemployment insurance tax system. The Unemployment Savings Program offers reduced unemployment taxes, improved cash flow, earned interest on reserve accounts, expert claims advice and stop loss protection in the event of unforeseen circumstances.
First Nonprofit is a fully regulated mutual insurance company rated A- (Excellent) by A.M. Best and insures only nonprofit organizations. In addition to the property and casualty coverages needed by nonprofit agencies, First Nonprofit offers a broad range of legal liability exposures including social workers liability/foster care, pastoral counseling/teachers professional, and explicit sexual abuse and molestation.
Insurance products are offered through independent insurance agents. NDANO members may contact their insurance agent or Trish Shanahan at First Nonprofit at 312-627-7724 for more information.
Dental & Vision Plans and Long-term Care Policies
NDANO and Noridian Insurance Services have partnered to provide members with options for dental and vision insurance, as well as long-term care policies. Companion Dental Insurance is available for any dentist nationwide. The Avesis vision plan is a network product, so you will need to go to a participating provider.
Noridian offers a discounted rate for NDANO members on Simplicity ii, a long-term
care insurance plan.
For more information about dental or vision plans, contact Julie Schirado at 800-575-9643 and tell her your organization is a NDANO member. For more information about long-term care plans, contact Ron Bitz at 800-767-3631.