What Is Covered? – Management Liability Insurance
Management Liability insurance covers your Club/Association’s Directors and Officers for a range of financial risks they may encounter in the performance of their role. This includes costs associated with legal action if sued for negligence, libel, slander, defamation or discrimination, costs associated with employment related matters (unfair dismissal) and crime (losses sustained through dishonest or fraudulent acts or omissions) .
Who is insured under this policy?
Directors and Officers of Netball Australia and all affiliated State Associations and Territories, including all affiliated Clubs and Associations and any appointed sub committees, subsidiary and/or related Corporations as defined under Australian Corporations Law and/or financiers and all parties for whom the Insured undertakes to insure for their respective rights, interests and liabilities.
Who is the insurer?
Berkley Insurance Australia
What is the period of insurance?
From 1 January 2019, 4.00pm To 1 January 2020, 4.00pm
(local standard time at the Insured’s head office)
What is the limit of liability?
$10,000,000 any one loss and in the aggregate during the period of insurance.
Where are you covered?
The indemnity provided under this policy extends to a wrongful act occurring anywhere in the world but shall not include any claim made in, or determined pursuant to the law of the USA or Canada.
Please refer to the Policy Wording for details of policy conditions and exclusions.
How to make a claim?