In the ever-increasing world of litigation, the requirement for sport and recreation organisations to have appropriate insurance has become an essential part of survival. It is vital your club protects its assets with adequate insurance.
Insurance is a common risk management tool, which may be used to minimise your club’s liability.
However, insurance is a reactive rather than a pro-active risk management tool. Other risk management strategies should be adopted in order to reduce the risk from occurring in the first place.
Examples of legal claims/risks sporting organisations are exposed to:
Your club’s risk assessment process will identify the type of risks the club is subject to. This will help determine whether insurance is available and appropriate. Some policies that may be applicable to your club:
Download our insurance checklist. This checklist should be used by the board on an annual basis to manage your club’s insurance. Use the 'Actions' column for any queries or questions that need to be followed up.
The NSW Sporting Injuries Insurance Scheme is a State Government initiative to provide cost effective insurance to people who are seriously injured while participating in a sporting activity. The Scheme is a no fault, non-profit, lump sum benefit sports insurance scheme which has the security of NSW Government legislation.
The Scheme insurance policy covers a sporting organisation's sporting events, trials, exhibition matches, supervised practice and training. Juniors pay approximately 20% of the adult premium but receive identical benefits. Benefits are payable under the Scheme regardless of an entitlement from any other source.