Welcome to the CIPA Insurance Newsletters! It is with great satisfaction that we bring our newsletters to you. We will discuss pertinent risk management topics, which may affect your organization. We sincerely hope that you will find our newsletters informative and please do not hesitate to contact us should you have any questions or needs.
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April 2007 Newsletter:
Church Valuation
"Your church serves a greater purpose than merely a gathering place. Instead, it can serve as a symbol of the faith, pride, and well-being of the community. Strong emotions arising from those feelings cause the compensation process for a damaged church to be much more difficult than for other properties, such as a strip mall.
The correct value of your church can alleviate some of the problems that might arise if you experience a loss. The replacement cost estimates on your church should provide proper insurance-to-value. While they do not bring back the original property, insurance-to-value and correct coverages allow a congregation to restore the structure as "whole" as is physically feasible." ...read more.
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December 2008 Newsletter
Key Man (Person) Life Insurance – Is your church dependant upon a key person, such as the Senior Pastor? Would the church and it trustees suffer great financial turmoil with the sudden death of that person? If you answered yes, then this policy is for you!
Commercial General Liability (CGL) – Do you know what your CGL limits and what they really mean?
Determining Insurance Needs – Four (4) questions any church should answer to determine its insurance needs. ...read more.
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