Lions Australia

1. INSURANCES CHARGED ON SEMI ANNUAL DUES ACCOUNT

1(c) General Property (Regalia)

This policy covers all items of regalia and administration equipment (excluding road signs) belonging to Lions Clubs and Districts and Lioness and Leo Clubs and which are normally used for their meetings and/or normal administration purposes. It is important to note that the policy contemplates only equipment, regalia and the like usual to club meetings and /or administration purposes which do not involve particular plant, equipment or stock-in-trade used for projects.

This policy DOES NOT cover: stock of an opportunity shop or any commercial enterprise. It would not insure goods assembled over a period and held in a store for a Trash & Treasure Market. Nor does it cover merry-go-rounds, trains, stalls etc. This property must be insured under a special policy for which the Lions Insurance Programme Consultant will provide a quote if requested.

Other exclusions are: any type of motor vehicle, including member's vehicles, breakage of items of a brittle nature, cash or negotiable securities.

Only property owned by the Club or District is insured. The policy DOES NOT cover property leased, hired or on loan. To insure these items, please contact PDG Bob Korotcoff.

Sum Insured

The limit under the policy is $3,500 for any one Club and $7,500 for any one District, and the policy conditions include a "Co-insurance Clause" which requires that the Sum Insured represents the true total value of regalia, etc, on hand. If, in fact, a club is shown to own regalia in excess of $3,500, then it would be at a considerable disadvantage in the event of a claim for they would have to carry a portion of the loss themselves. This Policy is subject to a $50.00 Excess.

Clubs who own Computer Equipment and/or Photocopiers, should assess their value to ascertain if the Sum Insured of $3,500 is adequate. The Sum Insured can be increased to $7,500 upon payment of an additional premium of $22.00.

Claims Procedure

To report a claim click here.