Non for Profit
Non For Profit
Non for profit is a charity on profit is another way of saying not for profit but is sometimes used to describe a for profit that is having losses. Non for profit insurers (mutuelles) try to differentiate themselves from private insurers on the basis of the so-called “fraternal” (the French word is “solitaire”, aimed at indicating that the contract is not risk-rated, but also invoking a religious connotation of fraternity, a working class connotation of friendly societies, as well as a political connotation of redistribution) : they designed a charter forbidding underwriting as well as exclusion for conditions. A non for profit is a corporation, but one that relies on good will and public interest. As with any industry, working for a non for profit will offer situations that will both excite and aggravate you. In anticipation of searching for or accepting a non for profit job, you should spend adequate time investigating and weighing the benefits and drawbacks of the position, so you are prepared for what lay ahead.