JLT Sport Asset Protect is an insurance product recently introduced to Football Clubs, Leagues and Associations throughout Australia. Asset Protect Base Cover is automatically provided for all affiliated clubs in Victoria, ACT, NSW, Tasmania, WA and Queensland. This does not include Leagues or Associations – these entities need to apply for Asset Protect cover separately.
| Material Loss or Damage – includes the following: | Up to $15,000 per claim including one or a combination of covers |
|---|---|
| Fire & Perils | excludes Buildings cover |
| Business Interruption | |
| Glass Breakage | |
| Theft | limited to $5,000 for Alcohol and Cigarettes |
| Money | limited to $1,000 for money on premises outside open hours |
| General Property | limited to $2,000 for laptop computers |
| Computer Electronic Equipment Breakdown | limited to $1,500 |
| Machinery Breakdown | limited to $1,500 |
| Flood | $5,000 excess |
The standard claims excess is $250. Higher excesses may apply. The Policy Wording will be available shortly to provide details.
If your club is affiliated to one of the State Bodies listed above, your assets are AUTOMATICALLY insured (as per Base Cover above).
If your club is affiliated to one of the State Bodies listed above, you DO NOT have cover for your assets including contents, stock, equipment, etc.
Please note that any upgraded cover can only be in place from the day you request it – it will not be back-dated to 1st November 2011. If your need more cover, please apply for upgraded cover as soon as possible.
For further information that you have regarding the new arrangements for Asset Protect cover please download one of the following Information Flyers: