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3. OPTIONAL EXTRA INSURANCES AS NEEDED AND PAID BY INDIVIDUAL CLUBSApplications for cover under this method must be made on the optional application form which will be posted to every Club each July/August and which must be completed and returned with your cheque to PDG Bob Korotcoff. A copy of the application form can be downloaded by clicking here. Please ensure that your club considers these insurance covers. 3 (a) Personal Accident - Increased BenefitsRealising that some clubs may require higher sums insured, the following covers are available upon application to the Broker. It must be stressed that increased benefits are only available on a TOTAL MEMBERSHIP basis and not to Individual Lions, Leos or Lionesses. EVENT "A" - To increase capital benefits from $50,000 to:
EVENT "B" - To increase weekly benefits from $450 per week to $600 per week an extra $2.20 per member is payable. As an example, if a Club has 25 members, and wants to increase the Capital Benefits to $70,000 and the Weekly Benefits to $600, the additional premium payable would be $165.00. The MD Insurance Committee strongly recommends that clubs discuss this situation at a business meeting and records the Club's decision in the Club's Minutes. Personal Accident Insurance Cover for Members Aged 76 - 85 InclusiveThe personal accident policy covers only Section 4 - additional expenses, and does not cover capital and weekly benefits to members over the age of 75. Cover for capital and weekly benefits for Lions aged 76 - 85 inclusive is available on an optional basis upon payment of an extra premium shown below. The name and age of the member must be supplied on the optional application form. EXTRA PREMIUMS: 76 - 80 (inclusive) $13.75 per named member. 81 - 85 (inclusive) $27.50 per named member. |
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Last Updated: 3rd October, 2006 © Copyright 2003-06, Lions Australia. All Rights Reserved. |
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