Who Should Pay for Church D&O Insurance Coverage?

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. For a review of your church’s insurance policy, visit insurancefortexans.com Get a copy of our book, The Promise of Certainty, at thepromiseofcertainty.com 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