Having insurance protects your church financially, which in turn, protects the vision and ministry --- everything you set out to accomplish in the first place.
Deborah Ike · April 26, 2018
Purchasing property and liability insurance for your church was probably not on your list of pursuits when you decided to join full-time ministry.
However, what would happen if your church building were severely damaged by a tornado, fire or flood? Do you have the financial reserves to repair the damage while also covering the cost of leasing another location for your congregation to meet?
What if someone tripped and broke a leg while on church property? Could you cover his medical expenses or defend yourself against a lawsuit?
The financial cost of these situations is much greater than most churches will likely have in reserve. Insurance protects your church financially, which in turn, protects the vision and ministry you set out to do in the first place. So while it’s not a topic that sounds much like ministry, it’s still important to making ministry happen.
There are several types of insurance you can consider, so this isn’t an exhaustive list. However, this covers the more frequently used categories you’ll want to look into first.
This typically covers expenses due to natural disasters, fires, vandalism, theft or other damage to your church facilities. If a tornado hit your church building and caused enough damage to render it unusable, insurance can cover costs to repair the building and the expenses you’d incur renting another location for church services until repairs are completed.