ASF Caving Insurance

Updated 17 December 2001 ASF Insurance Convenor

DISCLAIMER: The contents of this web page are for information ONLY and where any question arises the official insurance policy of the Federation prevails

Background
What types of cover?
Overseas Expeditions / International Caving
Certificate of Currency
Insurance Contribution Policy
Where do I get a copy of the policy?
Personal Accident Insurance
Travel Insurance
Equipment Insurance
Insurance Terminology
Who is?
ASF Insurance Convenor
ASF Insurance Broker

Background

During early June, 2001 the Federation's Broker received a letter from the insurer advising that they were not offering a renewal to the Federation's Combined Insurances Policy.

The Broker advised the ASF Executive and commenced a search for replacement insurance. However, the Broker was unable to locate any insurer's who were on their books willing to make an offer. June 2001 had passed and the Federation was without insurance.

The ASF Insurance Convenor, a member of the Executive and several individuals commenced a search for a new Broker who had contacts with insurer's interested in the sporting / recreation industry.

A Broker was found and the search commenced for an insurer. Every Australian insurer declined to offer the Federation insurance. The Broker commenced an overseas search and a policy was found for Public Liability however there were legal and coverage concerns with the policy and the search kept going for further insurers. Late in October the Broker was able to present the Federation's case again to an Australian insurer and after some negotiation an offer was made by Sportscover Australia, for a combined Public and Products Liability policy.

The Council has an Insurance Contribution Policy whereby the Federation recoups the insurance premium from members and member organisations.

What types of cover?

In summary the Federation holds two (2) Insurance policies:

Combined Public & Product Liability - $10 million
Directors & Officers Liability - $1 million

Cover for trainers, training materials and advice is still being sought:

Professional Indemnity - UNDER NEGOTIATION

Overseas Expeditions / International Caving

The policy does cover Members for Public Liability whilst caving in other parts of the world. However, there are a number of exclusions notably being USA & Canada. Extensions to the policy can be arranged at additional cost.

Please contact the ASF Insurance Convenor for further information.

Certificate of Currency

Those clubs who require Certificates of Currency please email the ASF Insurance Convenor who will arrange a copy from the Federations insurance Broker.

Certificates can also be provided naming specific Governments, Land Owners or Individuals. Please refer to the ASF Insurance Convenor.

Insurance Contribution Policy

During a Council meeting a motion was passed which set the insurance contribution calculation as:

ALL Members of the Federation to contribute to the premiums for Directors & Officer Liability, Professional Indemnity Insurance
Public and Products Liability insurance premuim to be collected from those Clubs who Register under the Insurance.

Members who wish to be excluded from the ASF Public & Products Liability cover must notify the ASF Executive. Proof of other sufficient cover may be required to be provided to the ASF Executive. Email the ASF Executive.

Where do I get a copy of the policy?

Registered Clubs should contact the ASF Insurance Convenor who will issue a controlled copy of the policy.