PROFESSIONAL INDEMNITY
Our Insurance Providers :-
Public Liability -
Professional Indemnity - ACE Insurance Ltd (to
The policies are in the name of the Australian
Institute of Welfare and Community Workers Inc. and Members.
The insurance scheme is managed by Civic Insurance Brokers in Canberra ACT.
THIS SUMMARY is provided only as a brief guide to members and does not fully represent the policy, which may be inspected by arrangement at Branch Offices or the AIWCW National Office.
Certificates of Currency of the Policies may be obtained by contacting the AIWCW National Office
A1. COVER
Cover applies to any private person who is a paid up member of the AIWCW Inc.. To receive benefit a member must be financial at the time of any claim or incident likely to become a claim. Cover does not extend to volunteers or others working for the member, or to the member’s company, organization or partners. Cover does not extend to un-financial members, Affiliates who became members after 1998 or Organisational Members.
A2. EXCLUSIONS
Excluded from these policies are claims against the member as a result of any dishonest, fraudulent, criminal or malicious Breach of Duty. Also excluded are those claims arising out of circumstances which were known prior to the member becoming a financial member of the AIWCW.
Other exclusions include:-
. Molestation or physical or psychological interference with any person;
. Any property damage committed by clients of the insured;
. Sporting activities, camping and excursions involving children;
. Cover where an employer of a member is required to provide indemnity at law for any action of that member;
. The policy is limited to clerical activities and activities/ verbal assistance and advice consistent with the social functioning of individuals, families, social groups and/or larger communities;
. Acts of terrorism;
. Fraud and dishonesty.
A3. PREMIUMS
The combined premiums for Professional Indemnity and Public Liability are charged in advance to the AIWCW as an annual lump sum. The insurance component in an AIWCW Membership Fee is designed as the member’s contribution to the overall policy payment.
A4. TERRITORIAL LIMIT Anywhere in
B. PROFESSIONAL INDEMNITY
The basic professional indemnity coverage applies to claims resulting from Breach of Duty in connection with a member undertaking work associated with and being appropriate to the profession of a Welfare Worker. Breach of Duty means that owed in a professional capacity, arising out of any act, error or omission occurring or committed in such professional capacity.
B1. Policy Extensions
The policy provisions extend to:-
Libel and Slander
Loss of Documents
Joint Venture
Liability
Defence Costs
Insured v. Insured (Liability $100,000 – Excess $10,000)
Trade Practices Act and Related Legislation
Estates/Legal Reps
The retroactive coverage is from 1/1/1969. The Policy pays legal costs and expenses.
B2. Limit of Liability
$2,000,000 per any one claim and $4,000,000 in the aggregate. Higher limits may be negotiated by individual members with payment of an additional premium – contact the Brokers.
B3. Excess
An excess of $5,000 applies to each and every loss.
C. PUBLIC LIABILITY
This is a separate policy, covering compensation for bodily injury to a member of the public and damage to property as a result of an accident and happening in connection with professional practice. The limit of liability is $10,000,000. An excess of $2,500 applies for each claim. Higher limits may be negotiated by individual members with payment of an additional premium – contact the Brokers.
D. CONTACT
Any incident or situation that is likely to lead
to a claim against a Member is to be reported directly to the AIWCW National
Office as soon as possible and BEFORE any other action is taken. NO
admission of liability or settlement of any claim is to be made without prior
consent of the Insurer.
Further information and advice can be obtained from the Insurance Broker:
Mr David McAlary, Civic Insurance Brokers
28 University Ave, CANBERRA
(PO Box 773, DICKSON ACT 2602)
Tel: 02 6262 6115 Fax: 02 6262 6105
Email: davidm@civicinsurance.com.au
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