3 Steps to Becoming a Member

November 22, 2019 by Nahida S. Nisa

NIA offers so many exceptional member resources that nonprofits often call to ask us whether they are members. If you have insurance with us, you’re a member!

We refer to the nonprofits we insure as “members” and they’re really a part of NIA. Since NIA is a 501(c)(3) nonprofit organization, the nonprofit sector has control over insurance products that organizations—like yours—can call their own.

In three easy steps, an organization can qualify to become a member of NIA:

  1. Secure your 501(c)(3) nonprofit designation.

All of NIA’s members are 501(c)(3) nonprofit organizations. To apply, you’ll need a 501(c)(3) Tax Exemption Determination or Acknowledgement letter from the IRS. If you haven’t received that yet, we’ll also accept a filed copy of your IRS application including your proof of payment. Your broker will submit the documents to us with your application to become a member. Speaking of which (step two)—

  1. Secure an independent insurance broker.

If you’re shopping for insurance, it’s in your best interest to find an insurance broker who represents you, unlike an agent who represents the insurance company. Look for a broker who demonstrates an understanding for the unique insurance needs of nonprofits. We encourage you to be choosy! If you don’t have a broker, we’re happy to provide a referral to an independent broker.

  1. Have your broker submit an application to us.

Each and every one of our innovative insurance coverages is crafted specifically with nonprofits’ unique operations in mind. Though you probably need other coverages too—ask your independent broker—General Liability is the coverage you need to join us as a member.

And that’s it! With an approved insurance policy with us, you have free access to sought-after risk management webinars, loss control consultations, and access to free and highly discounted resources. We now serve 20,000+ members, and we’re still providing the high level of attention, care and resources each nonprofit—small, large, or in-between—should expect from its insurance carrier.

Are you ready to become a member? Get a quote!

Tags: About NIA, Insurance 101

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