Some Canadian charities reeling from insurance premiums doubling over past five years
“These are massive, massive increases — well beyond the rate of inflation,” says senior pastor at Montreal’s St. Jax’s Church
Why It Matters
Insurance isn’t a sexy expense. When premiums or deductibles rise, non-profits often struggle to find funders to take on these additional costs. Without additional revenue, some cut back on other expenses or pass costs along to others further down the charitable food chain.
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