Lions Australia

1. INSURANCES CHARGED ON SEMI ANNUAL DUES ACCOUNT

1 (g) Loss of Cash

This Policy provides cover for all Lions, Lioness & Leo Clubs for Loss of Cash.
Sum Insured:
(a) $10,000 any one claim for loss of cash in transit.
(b) $10,000 for loss of cash through hold up or theft from any meeting or project site.
(c) $10,000 whilst cash is at a private residence of any member for 48 hours, plus any intervening non-banking period.
Excess: $ 50.00 each and every Claim.

The sum insured can be increased to $20,000 upon payment of an extra $13.75 per club. Should a loss occur, contact PDG Bob Korotcoff as soon as possible. He will supply a claim form.

Cash relating to on-going projects such as bingo or cash-a-can is covered, provided the cash is specifically drawn from the bank immediately prior to the project and re-banked no later than 48 hours plus any intervening period. However, note that the policy would not operate if the money is kept on a week-to-week basis without being subject to specific banking withdrawals and deposits. The Insurance Committee strongly recommends that Clubs arrange bank night safe facilities if collections from a project are high.

Cash at members' homes is covered but only up to 48 hours plus any intervening non-banking period. IT MUST BE BANKED PROMPTLY. Lion Mint money is also covered, but not whilst in the dispensers at sales outlets.

Clubs are requested to ensure that cash is not left in unattended vehicles and /or stalls. By leaving your Vehicle unlocked, you could jeopardize any claim.

Claims Procedure

To report a claim click here.