It pays to carefully study any agreement before you sign it. Having an attorney review important contracts is also a good idea. Here are some key questions to ask when someone presents your ministry with a contract.
You don’t need a written document in order to have a legally enforceable agreement. You can enter into a ‘contract’ simply by making a verbal promise. However, verbal promises can create big problems if you or the other party disagree.
To ensure that everyone has the same understanding, put any significant agreement in writing.
If the agreement contains a term or clause that you don’t understand, learn what it means before signing your name on the line.
A contract is simply an agreement that creates a legal obligation to make good on its promises. If the contract contains a term or clause that you don't understand, learn what it means before signing your name.
Here are some essentials to review:
Services
Products
Term
Payment
Renewal
Termination
Disagreement resolution
A contract is simply an agreement that creates a legal obligation to make good on its promises. Terms can usually be modified if all of the parties consent. In most cases, everything will go smoothly and no problems will arise. When disagreements do occur, however, you’ll be better off if you understand the document you signed.
Thank you for your interest in Brotherhood Mutual. We appreciate the opportunity to provide your church or other ministry with an insurance quote and will reply to your request as soon as possible.
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