Originally Posted by
Garland Best
Just as a point, from a legal standpoint, "should" does not mean it is legally required. It is good advice on best practices. One has to consider the cost/risk benefits involved here. As an example, suppose the Foundation Trustees invested heavily in the oil sector one year ago, resulting in a loss of 50% of the fund. MAYBE someone could attempt to sue the trustees for lack or foresight, but I doubt it. And I believe that the possible maximum damage could not exceed the material losses of the investment. And i think it would be thrown out of court. So insurance for that group seems overkill.
More appropriate would be insurance for the WYCC delegation, as any group delegation of that nature has to be critically sensitive to the possibility of child predators. So there insurance as well as protocols to vet adults (ie: police screening) would be practically mandatory. Just ask Scouts Canada.