What is Covered? – Property Insurance
Property Insurance provides vital protection for your Club or Association’s property and assets and provides protection against fire, theft, damage etc. V-Insurance has developed a National Property Insurance Program for Netball Australia. By grouping all affiliated Netball Association and Club property and owned assets under one insurance policy, we have achieved significant premium savings and increased policy coverage for all.
Who is insured under this policy?
Netball Australia and all affiliated State Associations and Territories (except Netball NSW), all affiliated Clubs and Associations and/or 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?
The Barn (on behalf of certain underwriters at Lloyds of London)
What is the period of insurance?
From 1 January 2022, 4.00pm To 1 January 2023, 4.00pm
What is the limit of liability?
All property of every description, belonging to an affiliated Club or Association is covered under this Property Insurance policy up to an amount of $20,000 and $10,000 for clubs. This includes sporting equipment, out buildings, sheds, contents, electronic equipment and stock.
You are able to increase your Sum Insured, please contact V-Insurance Group for a quote.
Where are you covered?
Anywhere in Australia (including contract sites) where the Insured has property or carries on business, has goods or other property stored or being processed or has work done.
What is the Excess?
The excess for a standard claim is $1,000 (higher excesses apply for earthquake, cyclone or other significant losses).
The payment of the Property and Equipment excess is the responsibility of the Club or Association that sustained the loss and will not be paid by Netball Australia unless otherwise agreed.
How to make a claim?