Document / Practice

Practice 6E: Risk Management and Insurance

Posted 2017 Updated March 16, 2021
Source
Land Trust Alliance
About This Practice

This guidance covers Practice 6E, which includes two elements:

  1. Routinely assess and manage risks so that they do not jeopardize the land trust’s financial health and its ability to carry out its mission and legal responsibilities

  2. ⬤ Carry general liability (■), directors and officers liability, property and other insurance, all as appropriate to the land trust’s risk exposure or as required by law

Accreditation indicator element | ■ Terrafirma enrollment prerequisite | ▲ Required for both