Anyone here deal with Insurance - Indemnity?
Submitted by Adam Gallash on Tue, 2009-12-15 15:50
Hi Crew,
With the FW site hosting several fishing competitions over the next year I guess its imperitive to find out a little about indemnity insurance and whether a simple signing of a contract will save me and other organisers hassle into the future as we simply can't afford to insure each event. Is any member involved in the industry or have a contact that I can speak to? (someone that won't cost me my arms and legs either)
Cheers,
Adam
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damo6230
Posts: 2029
Date Joined: 07/06/08
Adam
looks like we need to purchase a public liability insurance premium......
other clubs have an entrant fee to cover the yearly cost.
need to look at cost Vs number of comps to reduce entrant fees to cover the premium
will make some more enquiries.
Adam Gallash
Posts: 15610
Date Joined: 29/11/05
spewing
So you can't just get people to sign that they do everything at their own risk and its not our problem? Gawd that sucks.
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damo6230
Posts: 2029
Date Joined: 07/06/08
yep thats the concenus
wont hold up in a court of law.......
I'll call some insurance companies and let you know
Andy Mac
Posts: 4779
Date Joined: 03/02/06
Try AON
They do PI and PL Insurance through a number of providers.
Cheers
Andy Mac (Fishwrecked Reeltime Editor & Forum Moderator)
Youngest member of the Fishwrecked Old Farts Club
bod
Posts: 2318
Date Joined: 03/05/06
insurance cover-examples
Bluewater Classic Central Coast Gamefishing Club 27,28,29 December 2009
http://www.ccgfc.com.au/wordpress/wp-content/uploads/2009/10/Blue-Water-Classic-09-Tournament-Entry-Form.pdf
This competition gets contestants to sign a complete waiver (2nd page) absolving them from everything plus the competing boats must sign a declaration that they have $10 million public liability.
Every boat owner should have public liability anyway to cover any unforeseen circumstances that arise either at sea or on land.
And
NATIONAL BREAM CLASSIC TOURNAMENT 2007 RULES
7. Insurance & Liability
http://www.sportsfish.com.au/STC/NBC/rules.asp
till
Posts: 9358
Date Joined: 21/02/08
Waivers aren't worth the
Waivers aren't worth the paper they're printed on, I bet that hasnt ever been tested.
Alan James
Posts: 2206
Date Joined: 30/06/09
Waivers
Waivers of Subrogation and Release and Waiver documents are commonly used within the oil and gas and mining industry within Australia so I would not go as far as to say waivers are not worth the paper they are written on. I agree however that the examples posted by "bod" have probably not been tested.
Faulkner Family
Posts: 17862
Date Joined: 11/03/08
if you were to get some
if you were to get some forms set up and people signed them it then would come down to the individuals own integrity if something happened.i for one wouldnt even consider trying to get anything out of fishwrecked , my boat is insured and that covers any one and anything that is damaged lost or stolen.i would say everyone elses boats would be covered the same way.in reality everyone goes out on the water at their own risk so why would this be any different.
RUSS and SANDY. A family that fishes together stays together
Goatch
Posts: 1011
Date Joined: 03/07/07
Cause the world has got
lots of arseholes Russ only out for one thing , themselves!!
Just one more cast , honest !!!
Adam Gallash
Posts: 15610
Date Joined: 29/11/05
lol
I will go with the waiver I think, the site can't afford insurance and it will blow the competition entry fees out of the water (I would assume) The entry night for the Exxy comp will be in the Lighthouse Caravan park car park again and I'm still weighing up where to hold the finale, depends on numbers I suppose.
Disclaimer: The EGFC Committee reserves the right to change any rule, regulation or section which it believes will enhance the Tournament. The EGFC takes no responsibility for loss or damage to competitor’s person, personal effects or vessel and competitors fish the tournament at their own risk.
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Alan James
Posts: 2206
Date Joined: 30/06/09
Goatch - You've got it in one
Sad but true. No one seems to be responsible for their own actions and / or stupidity anymore. The litigious nature or the American culture is rubbing off. Beware around the corner there may well be someone who wants to take advantage of a situation and get something for nothing at your expense.