Faith, Stewardship, & Insurance: Protecting Texas Churches

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the critical importance of maintaining insurance for churches, despite rising premiums. Through the story of Ted and his finance committee's dilemma, Ron explains the hidden risks and long-term costs of going uninsured, including property damage and liability exposure....

In this episode of Faith Stewardship and Insurance, host Ron Wadley from Insurance for Texans discusses the critical need for Texas churches to consider umbrella policies for extra protection. Through a story about a neighboring church that faced financial strain due to a lawsuit after a community event accident, he explains how basic liability insurance may fall short in covering large claims. Ro...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the importance of updating church insurance policies to reflect current needs. Through Teddy's story, a careful church finance committee member, the episode highlights the pitfalls of outdated insurance coverage. Rising premiums, inadequate property values, evolving ministry activities, and cha...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley of Insurance for Texans discusses the reasons behind insurance inspections for church properties and addresses common concerns among church leaders. He emphasizes that inspections are not punitive but a normal part of the process to evaluate and confirm property conditions, especially for churches with u...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley addresses the frustration that church leaders face when faced with failed property inspections. The episode features a case study of Jim's church in Lubbock, which faced policy cancellation due to unresolved issues found during an inspection. Ron explains that such failures do not mean wrongdoing but ind...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the critical issue of failing a church insurance inspection due to the presence of a Federal Pacific Electrical panel. Through the story of a church in Lubbock, Ron explains how these outdated panels pose serious fire hazards and often lead to coverage cancellations. He underscores the changing...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the intricacies of water damage coverage for churches. The episode explores various scenarios of water damage, such as burst pipes, failed water heaters, and wind-driven rain, and how they are typically covered under standard Texas church property policies. It also add...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the rising costs and challenges of property insurance that many Texas churches are currently facing. Through the story of Bill, a church leader in Waco who received a non-renewal notice, Ron highlights the market changes, including insurance companies exiting the state and increasing premiums....

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the real and everyday property risks that Texas churches face. Things such as hail damage, internal water damage, and vandalism are all risks. He emphasizes the importance of regularly reviewing and updating insurance policies to avoid unexpected expenses and coverage gaps. The episode highligh...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the importance of understanding insurance coverage for Texas churches before storm seasons hit. He shares a cautionary tale about Kevin's church near Austin, which found surprising changes in their policy such as increased deductibles and altered roof coverage. Ron emphasizes the significance o...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley guides church leaders through the important steps needed the morning after a severe hailstorm. Focusing on a practical example of a pastor named Bob from Fort Worth, the episode emphasizes the importance of documenting all damage, stabilizing the situation, and understanding your insurance policy before...

In this special episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley takes a break from the usual format to offer pastors and church leaders a moment of reflection during the busy Christmas season. The episode discusses the humble birth of Jesus Christ and its significance, emphasizing that stewardship in church leadership is a form of honoring God's trust in us....

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the often-overlooked topic of business interruption insurance for churches. The episode highlights the critical role of this coverage in protecting church finances and operations during significant disruptions caused by events like storms or natural disasters. Listener...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the important role of human resources in church operations. Highlighting a real-life story about Bob's church in East Dallas, which faced issues due to inadequate hiring practices, the episode emphasizes the importance of proper HR management. It showcases the risks of...

In this episode of Faith Stewardship and Insurance, host Ron Wadley discusses the importance of providing life insurance for pastors. The show focuses on church-owned life insurance policies, commonly known as key person policies, which serve to protect both the church and the pastor's family. Ron details the types of life insurance available—term, whole, and universal—and their respective benefit...

In this episode of Faith Stewardship and Insurance, host Ron Wadley from Insurance for Texans addresses the pressing issue of medical debt faced by pastors when traditional health plans are unaffordable for churches. Sharing the story of Pastor John from a small congregation in Tyler,, Ron highlights the financial burdens and stress pastors endure when facing high medical bills. He introduces affo...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the challenges that Texas churches face with rising health insurance premiums and the lack of transparency in fully insured plans. Specifically, the episode provides insights into level funded health coverage, which offers a more flexible and transparent option. Through the story of Felicia fro...

In this episode of Faith Stewardship and Insurance, host Ron Wadley wraps up the series on liability coverages for Texas churches by focusing on Directors and Officers (D&O) insurance. He explains the importance of D&O coverage for church leaders, including elders, deacons, and finance teams who make fiduciary decisions. By sharing a story about a church's financial scare, Wadley highlights the ri...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the importance of Employment Practices Liability Insurance (EPLI) for churches. The episode opens with a real-world example involving Hannah, a long-time church member who faced a wrongful termination lawsuit against her church. Ron explains the unique liabilities chur...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the important topic of media liability for churches that publish online content. Highlighting a real-life example from a church in Lubbock, the episode underscores the new risks introduced by digital ministries, such as live streaming and social media activities. It el...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses the significance of retro dates in liability insurance for churches. Using the example of Stan, a church treasurer, Ron explains how a retro date determines the period for which past incidents are covered under new policies. The episode underscores the differences between claims-made and occurr...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley from Insurance for Texans discusses the importance of liability insurance for churches. The episode highlights a real-life incident involving Pastor Robert's church in Waco, where a slip and fall led to a lawsuit. Ron outlines the top three liability risks for Texas churches: slip and fall accidents, cou...

In this episode of Faith, Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses various health insurance options for small Texas churches facing rising ACA premiums and shrinking subsidies. Wadley recommends alternatives like private health plans, direct primary care with catastrophic coverage, and targeted limited benefit plans. These solutions offer cost-effective prote...

In this episode of Faith Stewardship and Insurance, host Ron Wadley from Insurance for Texans discusses affordable health insurance options for small Texas churches. Highlighting the story of Tim, an elder from a small church in Lubbock, the episode explores the challenges of affording traditional group health insurance and introduces catastrophic health coverage as a practical and cost-effective...

In this episode of Faith Stewardship and Insurance: Protecting Texas Churches, host Ron Wadley discusses solutions for providing health insurance to staff at small churches. Highlighting a case study of Pastor Eric in Weatherford, the episode explores traditional group health insurance, individual health insurance, health sharing ministries, and catastrophic health coverage. It also emphasizes the...