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An example of the risks that could apply for each type of insurance covered under the new policy. The Insurer has come back with the following, through Rin Klasen, secretary of NACC. I think that it clarifies things a bit more for all clubs.
For example, if a club member slipped over and broke an elbow due to a spilt soft drink on the floor of the meeting room. Here the term "public" is taken to mean the general public including a club member
There are lots of examples where a case for compensation can be made against a club or a club member or an Association. Fortunately we have very few such claims so that keeps our premiums low.
What is covered in this insurance is any claim made due to a decision made by an office bearer in the course of their duty which adversely affects another person.
The best example is the current Board of AMP where customers have been adversely affected by the decisions of the CEO/staff in charging for advice which was never provided
Until now the NACC Directors have not had any liability cover and that is not something we want to continue otherwise no one will ever want to take on the role of director and have a chance of being sued.
Again the risk is low but one successful claim could potentially bankrupt the organisation.
The cut off is 75 as we presume that most of our club members are past earning an income past that age!
As an example we have two Directors on the NACC who are full time employees - if they were injured etc on NACC business they could lodge a claim under this policy.
Basic Summary of Cover / Indemnity Limits
Combined Liability
Wording: Combined_Liability_Policy_Wording_07.21
Underwritten by Certain Underwriters at Lloyd’s under contract number B174010718PC22
Part 1
Public Liability
$20,000,000 any one occurrence
Products Liability
$20,000,000 any one occurrence and in the aggregate
Excess $1,000
Part 2
Professional Indemnity
$1,000,000 any one claim and in the aggregate
Excess $1,000
Retroactive date: 30/06/2020
Part 3
Management Liability limits as per those shown below any one claim and in the aggregate
Directors and Officers: $1,000,000
Offices Bearers $1,000,000
Trustee Liability: $1,000,000
Taxation Audit: $50,000
Crime/Fidelity: $50,000
Employment Practices: $250,000
Statutory Liability: $250,000
Appearance at Official Investigations: Included
Heirs and Estates: Included
Automatic Reinstatement of Indemnity Limit: Included
Discovery Period: Included
Outside Directorship Cover: Included
New and Former Subsidiary: Included
Occupational Health and Safety: Included
Public Relations Cover: $100,000
Pollution: Included for Sudden and Unexpected
Continuous Cover: Included
Management Liability Excess
Standard Excess $1,000
Crime/Fidelity $1,000
Employment Practices $10,000
Retroactive date: 15/06/2020
To view full policy details including definitions, exclusion and conditions please refer to the policy wording and any endorsements listed
below.
Participation Exclusion:
This policy excludes any claim, loss, damage, liability or costs and expenses incurred directly or indirectly in connection with the
participation in Four Wheel Driving.
The 4WD aspect of the risk should be picked up by road traffic authority in their respective states i.e. TAC in Victoria
Business Description:
• Four-wheel driving and club related activities.
• Activities include meetings and workshops at national, state and club levels;
• club day trips and outings, extended trips and tours;
• static promotional displays and swap meets;
• fund raising activities (barbecues, social activities, car boot sales and the like);
• volunteering activities, community assistance events and land manager volunteer working bees (Clean ups, track clearing and repairs,
fence mending, signage installation, track classification work, weed removal);
• bushwalks and walking tours;
• 4WD vehicle operation and recovery technique demonstrations;
• nationally-recognised training (including driving, vehicle recovery, winching, chainsaw maintenance and use, first aid, etc – delivered by
paid and unpaid (volunteer) trainers);
• camping and campfire cooking, non-timed gymkhanas and navigation trials;
• the use of non-powered watercraft;
• in-club training (including driving, vehicle recovery techniques, camping, using tools and equipment, etc);
• and any other 4WD associated activities the insured may participate in from time to time.
