Clubs need to check insurance cover
In the light of many previous challenges and recent flood damage faced by cricket clubs the ECB are keen to ensure that all affiliated clubs are adequately insured and at the best available rates as the 2010 season approaches.
ExtraCover is the official Club Insurance Scheme of the ECB, the ideal way for cricket clubs to insure against a wide range of risks - all in one simple policy.
The 2010 brochure is now available, as is the latest insurance information from brokers Marshall Wooldridge for clubs as the prepare for the summer ahead.
Public Liability Insurance covers the Legal Liability of the Club to pay compensation to members of the public where bodily injury or damage to their property is caused in connection with club activities. Without this the cover clubs would be faced with the cost of the award of damages itself. Members of the Club personally stand to lose their home and assets, so why take the risk? It is a requirement of ECB that all clubs transact this important cover.
Directors and Officers Liability Insurance provide the directors, officers and trustees of the club with protection against civil or criminal lawsuits and regulatory proceedings. Without this cover members are placing their personal assets at risk. The cover provides a pool of money that can be drawn on to fund defence and settlement costs and pay for the costs of legal representation at investigations.
Personal Accident cover provides set benefits to all members of the club and whilst serious injuries are thankfully very rare there have been occasions where a player or official have suffered serious damage to their eyesight and even fatal accident.
Self-Employed and other Members who do not benefit from a workplace sickness scheme should ensure that any personal accident/sickness insurance they have arranged individually includes the playing of club cricket.
The increasing trend of large Arson, Theft and Weather related claims makes it more important than ever to ensure your sums insured are adequate. Under-Insurance will lead to the total sum insured being insufficient to meet the costs of rebuilding and replacing contents/ground machinery. Ultimately this may lead to the demise of the club.
For expert advice and assistance concerning quotations, arranging cover and settlement of claims - contact the ExtraCover team at Marshall Wooldridge:
You can download a full ExtraCover brochure below as a PDF:
And a quotation request form too below: