Functional replacement value is often considered when a church would not rebuild or repair to the same quality of materials or size of building. You also may not wish to rebuild in the event of a total loss.   This type of valuation does present some challenges and things to consider:   You must seek the approval of your Annual Conference due to the Trust Clause. Not all carriers are eager to provide the coverage. There is no standard form so you must be even more careful to

When your church works with contractors, vendors, or renters, you’ll often be asked to provide — or request — a Certificate of Insurance (COI). A COI is a simple one-page document that summarizes insurance coverage. It’s not the full policy, but it serves as important proof that coverage exists. Why Certificates of Insurance Matter Proof of Coverage:  A COI shows that your church (or another party) has active insurance in place — like liability, property, or workers’ compens

The camp insurance market has shifted drastically over the past five years, with especially sharp changes in the last 1-2 years. This has led to camps across the country, being faced with premiums multiplying and coverage pullbacks. There are a few reasons for this: Lack of Competition.  5 years ago, there were two or three more insurers willing to provide adequate coverage at a competitive rate for camps across the US. Currently, there are perhaps three or four carriers tota

As winter approaches, it's essential your ministry has prepared its premises for the colder weather.

In this webinar, the Foundry team will highlight the importance of preventive maintenance, thorough record keeping, and consistent property management.

From ransomware to data theft, churches are at risk. Find out how to prevent, insure, and recover from cyber attacks.

Learn why accurate building valuation is essential for insurance coverage—and how to make sure your church is properly protected.

Church vans and buses play a vital role in ministry, especially with the various summer youth trips your churches have lined up. However, they also carry significant liability.

The webinar focused on strategies for unlocking real estate value for faith-based and nonprofit organizations.

As summer approaches and church activities ramp up, it’s important to consider the unique risks that come with camps, carnivals, youth groups, and other community events.