Clubs

Management Liability

This section of the programme provides protection for the Club, it’s Directors, Officers and committee members as a result of any wrongful act whilst acting for and carrying out their duties on behalf of the club.

The cover protects the Club against legal actions or civil proceedings made against the Club or it’s officials for any wrongful act, employment breach and/or employee fraud that is notified to the insurer during the period of insurance.

Limit of Liability

$20,000,000.

Incidents and events covered by this policy include;

• Management Liability ($5,000 Excess – Nil if not determined to be liable)
• Corporate Liability ($5,000 Excess)
• Employment Practices Liability ($7,500 Excess)
• Crime Protection (Limited to $250,000, $10,000 Excess)
• Superannuation Trustees Liability (Limited to $500,000, $5,000 Excess)
• Statutory Liability (Limited to $1,000,000, $10,000 Excess)

Cover is Provided

Anywhere in the world other than USA or Canada and excludes claims outside the jurisdiction of Australia and/or New Zealand.

It must be noted that the Management Liability policy is a claims made policy.

This means that the policy indemnifies for claims first made against you and notified to the Insurer during the period of insurance. It is therefore extremely important that notification is given immediately to Gow-Gates Insurance Brokers Pty Limited or the Insurer as soon as you are aware of any circumstance that may lead to a claim.

If an allegation is made against you, under no circumstances are you to admit liability. Please contact Gow-Gates immediately should you become aware of any situation which could lead to a claim.

An example of a claim under this section;

• The club publishes a newsletter, in which a committee member is critical of the performance of a judge. The judge sues the committee member, alleging defamation. The damages and the defense costs are covered (subject to the limits of indemnity provided under the policy).