Property Insurance
V-Insurance Group is the insurance broker for MAAA and has worked with the MAAA to design this insurance program for its affiliated clubs. Property Insurance provides vital protection for your Club or Association’s property and assets and provides protection against fire, theft, damage etc. By grouping all affiliated MAAA Clubs’ property and owned assets under one insurance policy, we have achieved significant premium savings for all. If additional cover is required to this standard cover, please contact V-Insurance Group for an individual quotation.
Who is insured under this policy?
Affiliated clubs of MAAA
What is the period of insurance?
From 31 May 2022, 4:00pm To 31 May 2023, 4:00pm
What property is covered?
All property belonging to the Association of every description. This includes sporting equipment, outbuildings, sheds, runways, contents, electronic equipment, money, internal and external glass and stock. This is automatically covered up to an amount of $10,000 for each club.
What sublimits are there?
The following key sub limits per club apply:
| Burglary/Theft of Property | $3,500 | |
| Money | up to $5,000 replacement value | |
| Internal and External Glass | up to $5,000 replacement value |
For the full list of sublimits, please contact V-Insurance Group.
What are the excesses?
The following excesses will apply depending on the type of claim:
| Earthquake, Subterranean Fire or Volcanic Eruption | 1% of the insured value at the situation (minimum $500, maximum $20,000) | |
| Standard Excess | $2,000 | |
| Theft | $750 | |
| Glass | $500 | |
| Personal Effects | $250 |
The payment of the Property excess is the responsibility of the club that sustained the loss and will not be paid by MAAA unless otherwise agreed.
What are the exclusions?
We recommend you read the policy to review all exclusions, however we have listed below some of the exclusions which could affect your club. There is no cover for the following perils/losses:
1) Flood
2) Named Cyclones
3) War and terrorism
4) Restoration of Electronic Data
5) Registered Motor Vehicles or Trailers
How to make a claim?
Please contact V-Insurance Group to describe the incident and to receive the correct claim form using one of the following contact methods:
Phone +61 2 8599 8660 or local call cost only 1300 945 547
Email [email protected]
