Endorsements: Association Liability Insurance
Endorsements are changes made to the base Policy Wording that customise it to fit the needs of most community groups. These changes expand the coverage provided by the policy, but there are still certain activities or situations that are not covered, known as Exclusions.
It’s important to note that these Exclusions are not meant to avoid paying claims, but rather they exist because certain activities or risks are not insurable (such as intentional injury, suicide, war, terrorism), are against public interest (like being under the influence of alcohol or drugs), or are better covered by a specialised Insurance Policy (such as flying in an unlicensed aircraft).
What’s important to know is that this Policy can help provide coverage for volunteers while undertaking most activities when acting on behalf of a community groups The endorsements to this Policy are shown in the section headed Policy Extensions, the standard Policy exclusions are listed under the heading Exclusions further down this page.
Policy Sections Included/Not Included Sub-Limit
1. Directors and Officers
1.2.1 External Directorship Cover Included $250,000
1.2.2 Superannuation Trustee Liability for Directors & Officers Included $250,000
1.2.3 Pre-Investigation Costs for Directors & Officers Included $50,000
1.2.4 Investigation Costs for Directors & Officers Included $250,000
1.2.5 Tax Liability Included $50,000
2. Association Liability
2.2.1 Defence of Breach of Contract Included $50,000
2.2.2 Defence of Fraud Included $50,000
2.2.3 Tax Audit and Review Costs Included $10,000
3. Employment Practices Liability
3.1.1 Employment Practices Liability Included $100,000
3.1.2 Third Party Liability Included $100,000
4. Fidelity
4.1.1 Employee Theft Included $25,000
4.1.2 Liability to a Third Party Included $25,000
4.3.1 Fraud Investigator Included $10,000
5.Statutory Liability
5.1.1 Association Statutory Liability Included $100,000
6. Civil Liability Professional Indemnity
6.2.1 Emergency First Aid Included $5,000
6.2.2 Fund Raising & Social Activities Included $5,000
6.2.3 Loss of Documents Included $20,000
6.2.4 Inquiries into Conduct of Association Services Included $10,000
7. General Extensions
7.1.3 Emergency Defence Costs Included $25,000
7.1.4 Court Attendance Compensation Included $25,000
Insolvency Exclusion - Absolute Insolvency Exclusion
It is agreed that Section 7.2. General Exclusions is amended to add the following exclusion: Absolute insolvency exclusion
The Insurer shall have no liability to make payments under this Policy resulting from the actual or alleged insolvency of the Association or the actual or alleged inability of the Association to pay any or all of its debts as and when they fall due.
This exclusion will apply to all Sections of the Policy.
All other terms and conditions of the Policy remain unchanged.
Total Listed Human Disease Exclusion
It is agreed that Section 7. Terms Applicable to all Sections, 7.2: General Exclusions is amended to include the following exclusion: Total Listed Human Disease
QBE shall not be liable under this Policy to make any payment for loss arising from any claim against any insured arising directly or indirectly out of, contributed to by, resulting from or in connection with any listed human disease determined under section 42 of the Biosecurity Act 2015 (Cth) or any subsequent amendment, replacement or successor legislation.
All other terms and conditions of the Policy remain unchanged.
