What’s Covered

Management Liability

When you give your time and energy to a club, you want to make certain you’re not risking your personal or the organisation’s financial security. That’s why you need a Management Liability insurance policy. It provides protection for you and the organisation in the event of legal action.

This insurance addresses the exposures and wrongdoings that clubs and associations face every day, including; discrimination, harassment, wrongful termination, inefficient administration or supervision, libel and slander, misrepresentations and employee theft.

Management Liability covers a range of financial risks for your club’s directors and officers and can also cover some of the costs associated with an employee stealing funds from the club.

Who is Covered?

Touch Football Australia and their affiliated Associations, Clubs, members, coaches, referees, officials, voluntary workers, first aid persons and administration personnel.

Coverage Limits & Excess

Management Liability

$5,000,000 in the aggregate during the period of insurance

Nil Excess

Insurer/s

Sportscover Australia Pty Ltd

Extra info about this policy …

Really important …

Management Liability insurance is ONLY available to incorporated entities! If your club is not incorporated, individual committee members run the risk of exposing their home, car and financial assets.

A Management Liability policy has important exclusions that you should be aware of including:

  • Fraud – any claim in consequence of a deliberate fraudulent act
  • Insolvency – financial impairment of the insured organisation
  • Known dishonesty
  • Losses sustained from accounts at banks where only one signatory is required for transactions

Who is generally covered …

Elected director/s, elected or appointed officer/s, employee/s and committee members.

Hot tip …

It is strongly recommended that you implement a programme to ensure that all claims are identified and notified immediately and within the policy period to avoid the possibility of a claim being denied.

Did you know …

You are unable to lodge a Management Liability claim if you notify the insurer after the policy period has expired.

Examples of Management Liability Claims

Directors and Officers

Legal action is taken against the club for defamation of a club member. This came about as a result of information printed in the monthly club newsletter.

Employment Practices

Legal action is taken against the club for the unfair dismissal of a senior coach.

Employee Theft

The club treasurer has been stealing money from the accounts over a period of time and the club now needs to claim the losses.