Policy Options
Fire and Other Insured Events
This insurance policy can provide cover for reinstatement and replacement cover for buildings, fixtures, fittings, contents and other property of the Club following loss and/or damage resulting from any of the following perils:
Insured Perils
- Fire and Molten material
- Lightning
- Wind and Water
- Sprinkler leakage
- Impact
- Explosion
- Earthquake
- Aircraft
- Riots and Strikes
- Vandalism
- Accidental Damage
Additional Policy Benefits
- Accidental Damage;
- Property Temporarily Removed from the Premises;
- Architects, Surveyors and Legal Fees;
- Rewriting of Records;
- Loss of Land Value;
- Fire Extinguishment Costs
- Removal of Debris, Temporary Repairs and Temporary Protection;
- Employees’ Tools, Equipment, Personal Effects and Clothing;
- Landscaping.
Business Interruption Insurance (Loss of Profits)
Following damage or destruction to a Club’s premises resulting from a peril which is covered under the Fire and Specified Perils policy, the Business Interruption policy can provide financial compensation for the loss of Gross Income which may result from the interruption or interference to the club’s business activities.
The policy can also provide indemnity for the additional costs incurred by the club or community group to reduce or avoid a reduction in Gross Income.
Indemnity Period – the standard period of cover is 12 months from the date of the loss and/or damage, we can arrange indemnity terms up to 24 months if requested.
Additional Policy Benefits
- Claims Preparation Costs;
- Additional Increased Cost of Working;
- Accumulated Stocks Provision;
- Prevention of Access;
- Public Utilities, Customers and Suppliers Extension.
Burglary and Theft Insurance
This insurance policy provides Replacement Cover for Contents of every description following “theft” of such property belonging to the club or community group.
Definitions
- “Contents”
- includes furniture, fixtures, tools of trade, movable plant (excluding stock and motor vehicles), machinery and equipment, customers’ goods for which you are responsible.
- “Stock”
- is all Stock but excluding Tobacco, Cigarettes and Cigars unless specifically mentioned.
- “Theft”
-
- theft or attempted theft following actual forcible entry into the building;
- theft or attempted theft by a person concealed in the building and exiting after business hours;
- assault or violence, violent intimidation to your employees;
Additional Policy Benefits
- Theft without forcible entry
- Replacement of Locks
- Employees’ Tools, Equipment, Personal Effects and Clothing
- Loss of Negotiable Securities
- Temporary Protection
- Theft, fraud or dishonesty of your employees provided discovered within 21 days
This description is issued as a matter of information only and for full terms and conditions you should refer to the policy wording. We accept no responsibility whatsoever for any inadvertent or negligent act, error or omission on our part in preparing these statements or for any loss, damage or expense thereby occasioned to any recipient of this page information.