• Jardine Lloyd Thompson
• Netball Australia

Australian Netball Risk Protection Program

Club Management Liability: Directors & Officers Liability

What does this section cover?

This section covers the Directors and Officers of the club, affiliation or association for any Wrongful Act committed in their respective capacities. Wrongful Act includes any error, misstatement, misleading statement, act, omission, neglect or breach of duty.

Coverage also extends to include Club Liability which provides cover for Wrongful Acts committed by the Insured Organisation, and Investigative Representation Expenses which provides coverage for Formal Investigations including administrative, regulatory or investigative inquiry empowered by government or under statute.

How much is the cover for?

Section	Coverage
Directors & Officers Liability (A) Company Reimbursement (B)	$10,000,000 each loss any one period of insurance Nil Deductible $2,500 Deductible
Club Liability (C)	$10,000,000 each loss any one period of insurance $2,500 Deductible
Investigation Representation (D)	$10,000 each loss any one period of insurance Nil Deductible

Note – The limits in (C) and (D) above are sub-limits of liability and are part of, and not in addition to, the limits of liability in (A) and (B). They further reduce, and do not increase, the limit of liability in (A) and (B). Limits of liability and any deductible amounts are reduced or exhausted by Defence Costs.

The Maximum Aggregate Limit of Liability in this Coverage Section is $10,000,000 any one period of insurance.

The Maximum Limit of Liability for all Liability Coverage (i.e. Directors & Officers and Employment Practices Liability) is $10,000,000 any one period of insurance.

Where are you covered?

This section protects against liabilities anywhere in the world.

When and where are you covered?

1. Participating in official events;
2. Engaged in organised training or practice sessions for the Sport;
3. Travelling directly to or from or between netball activities and Your home or work (conditions apply);
4. Staying away from the Insured Person’s home during a tour for the purpose of participating in representative events; and
5. Engaged in administrative or organised social activities of the Insured

What are some of the major exclusions under this section of the policy?

The following exclusions could affect You:

1. Bodily Injury or Property Damage – there is no cover under this policy for conditions including bodily injury, sickness, disease or death or the destruction of any property;
2. Contractual Liability – any claim in consequence of liability under any written or oral contract or agreement; except to the extent that the insured would have been liable in the absence of the contract.
3. Fraud – any claim in consequence of a deliberate fraudulent act or omission as per the policy;
4. Insolvency – Loss relating to financial impairment of the Insured organisation; and
5. Prior and pending litigation (refer to dates shown in the policy schedule).

Please refer to the policy document for details of policy conditions and exclusions. This document can be located under the Important Documents section of the website or by calling 1300 130 373.