Definitely not. Forms vary widely between insurance companies. Often, sexual abuse coverage is provided at a lower limit than the general liability limit. Ideally, it should be at a limit of at least $1,000,000 per occurrence. You should look for these variables:
Does a sublimit apply to abuse claims? If so, what is it?
Are defense costs outside the policy limit?
Will the policy cover your YMCA as a corporate entity?
What restrictions are on the coverage?
Obtaining this information is critical when developing and implementing an effective Risk Management Program for Child Protection at your YMCA. You don’t want any surprises after an incident has occurred.