Which insurance?

[carlrm1599968807]

you can only claim on one policy for one event accident incident happening what ever but same as most insurance i guess just get the most comprehensive cover and hey YOU have done all you can

[windy]

I told you there were grey areas.

 

The BPKA insurance isn't worth the paper its written on, its simply a paperwork exercise as a sort of flag waving to say "i've got insurance". Its fairly safe to say making a claim would be a nightmare if not impossible. Furthermore the £10m liablility is split into Zurich for the upper 5m and Alliance for the lower £5m this means a £6m claim will be split as two claims from two underwriters so good luck!

 

So it short the insurance is a non entity, you're leaving yourself wide open. If someone actually makes a big claim, everyone else is uninsured thereafter as its one event one payout. So if an accident happens at an event and the event continues and there is another accident the second accident will not be covered if the first accident causes a payout, so not only are you totally exposed, you don't actually know that your totally exposed until some time after the event, when you could be being sued.

 

One word summarises this type of insurance : worthless.

 

Its actually a waste of £10.50. You would be better off buying 10 lottery tickets, at least that has a chance of paying out.

 

I am personally working with a a professional group of underwriters to get us all some insurance that covers all activities at almost any conceivable venue.

 

I hope to have it ready for everyone to inspect and comment on fairly soon.

 

Regards

 

Pete

 

I personally know of two people who have had claims made against them and the BPKA insurance covered them.

[SandMonster]

OK lets start by saying sandmonster owes me £15 bet lost

 

OK fair do's...PM me where to send it...or I can donate to charity if you want:)

 

 

(tho it was Kush who was gonna phone...lol)

[SandMonster]

Bloody hell he's serious... these insurance types...lol...s'pose I better cough up then

[bigred1599968607]

OK lets start by saying sandmonster owes me £15 bet lost

 

Right as i said i rang the insurance company and informed them of the how shall we say crap that had been put on here and other forums by the ill advised and they have sent me an email with regards this which should put this to rest.

 

The British Power Kitesports Association (BPKA) and its members, be they clubs or individuals, benefit from a wide range of covers developed especially for sporting associations under Civil Liability policy. The insurance is not a simple Public Liability policy and includes the following covers:

 

Public Liability

Directors and Officers

Libel and Slander

Professional Indemnity

 

As with all other liability insurances arranged, the intention is to provide cover for legal liability arising from the activities of the insured. In this case the members. In practise this means that if you negligently injure someone else, then the policy will indemnify you if they decide to sue for damages.

 

Libel and Slander may not be seen as an obvious inclusion on a sports policy but there have been cases of members having disputes within clubs and anything on posted on websites and their forums or contained in emails could be potentially Libellous, for example. This cover is not included as standard on any insurances labelled “Public Liability”. It is provided for BPKA members.

 

Additionally, we have been careful to include:

• Cover for injuries following negligent advice (not covered by standard Public Liability insurance)

• Directors and Officers cover which is applicable to the Association and Club Officials. The Association & its Clubs are not limited companies and in the eyes of the law are “unincorporated”. In effect this means that the Association & its Clubs have no legal identity and cannot be sued – however their officers and officials (as individuals) can be for negligent decisions made. Unlike standard Public Liability cover, this Civil Liability cover includes protection for Officers and Officials

 

Both Insurance Companies and Insurance Brokers are governed by UK law & are regulated by the Financial Services Authority (http://www.fsa.gov.uk/). This means that if a claim is covered by the policy then by law it must be paid. Additionally we are regulated heavily by the FSA in terms of how the cover is described by our documentation. In short we are legally bound not to mislead. Additionally the FSA visit our offices on regular occasions in order to inspect our files.

 

The BPKA Limit of Indemnity is £10 million ‘any one event’. An ‘event’ refers to a single incidence that gives rise to a claim or potential claim. There may be multiple claims in any one period of insurance. For instance if, in the extremely unlikely occurrence, there were 5 claims in one day the policy would respond to each individual claim with a maximum Limit of Indemnity of £10 million per claim.

 

In this context the term ‘Event’ (i.e. any one event) does not, as has been suggested, refer to any particular gathering, meeting or championship.

 

There are two main reasons for the cover being split between 2 insurers:

 

1) Few insurers are willing to take on more than £5 million of Liability in the event of any single claim. Splitting the risk in this matter is entirely usual.

 

2) Dividing the £10 million Limit of Indemnity between 2 Insurers reduces the risk for each Insurer. Thus lowering the premiums paid by the BPKA and its members.

 

In short the BPKA have been entirely responsible in responding to rising levels of claims payouts by securing a £10 million Limit of Indemnity and holding their insurances with a specialist sports insurance broker, on a wider unique policy, that covers many of the largest Governing Bodies in the UK.

 

Sven Edwards

Sports Liability Broker – Major Accounts

22 May 2009

Perkins Slade Ltd

 

In practise this means that if you negligently injure someone else, then the policy will indemnify you if they decide to sue for damages.

 

an insurance that covers you for negligence i hope thats just a poor choice of words i have never ever bought a policy that will allow me or my employees to disregard best practice and due dilligence.

 

i have no axe to grind over here in ireland im just concerned that people may read that the way i did.

[GaRRy]

OK lets start by saying sandmonster owes me £15 bet lost

 

Right as i said i rang the insurance company and informed them of the how shall we say crap that had been put on here and other forums by the ill advised and they have sent me an email with regards this which should put this to rest.

 

The British Power Kitesports Association (BPKA) and its members, be they clubs or individuals, benefit from a wide range of covers developed especially for sporting associations under Civil Liability policy. The insurance is not a simple Public Liability policy and includes the following covers:

 

Public Liability

Directors and Officers

Libel and Slander

Professional Indemnity

 

As with all other liability insurances arranged, the intention is to provide cover for legal liability arising from the activities of the insured. In this case the members. In practise this means that if you negligently injure someone else, then the policy will indemnify you if they decide to sue for damages.

 

Libel and Slander may not be seen as an obvious inclusion on a sports policy but there have been cases of members having disputes within clubs and anything on posted on websites and their forums or contained in emails could be potentially Libellous, for example. This cover is not included as standard on any insurances labelled “Public Liability”. It is provided for BPKA members.

 

Additionally, we have been careful to include:

• Cover for injuries following negligent advice (not covered by standard Public Liability insurance)

• Directors and Officers cover which is applicable to the Association and Club Officials. The Association & its Clubs are not limited companies and in the eyes of the law are “unincorporated”. In effect this means that the Association & its Clubs have no legal identity and cannot be sued – however their officers and officials (as individuals) can be for negligent decisions made. Unlike standard Public Liability cover, this Civil Liability cover includes protection for Officers and Officials

 

Both Insurance Companies and Insurance Brokers are governed by UK law & are regulated by the Financial Services Authority (http://www.fsa.gov.uk/). This means that if a claim is covered by the policy then by law it must be paid. Additionally we are regulated heavily by the FSA in terms of how the cover is described by our documentation. In short we are legally bound not to mislead. Additionally the FSA visit our offices on regular occasions in order to inspect our files.

 

The BPKA Limit of Indemnity is £10 million ‘any one event’. An ‘event’ refers to a single incidence that gives rise to a claim or potential claim. There may be multiple claims in any one period of insurance. For instance if, in the extremely unlikely occurrence, there were 5 claims in one day the policy would respond to each individual claim with a maximum Limit of Indemnity of £10 million per claim.

 

In this context the term ‘Event’ (i.e. any one event) does not, as has been suggested, refer to any particular gathering, meeting or championship.

 

There are two main reasons for the cover being split between 2 insurers:

 

1) Few insurers are willing to take on more than £5 million of Liability in the event of any single claim. Splitting the risk in this matter is entirely usual.

 

2) Dividing the £10 million Limit of Indemnity between 2 Insurers reduces the risk for each Insurer. Thus lowering the premiums paid by the BPKA and its members.

 

In short the BPKA have been entirely responsible in responding to rising levels of claims payouts by securing a £10 million Limit of Indemnity and holding their insurances with a specialist sports insurance broker, on a wider unique policy, that covers many of the largest Governing Bodies in the UK.

 

Sven Edwards

Sports Liability Broker – Major Accounts

22 May 2009

Perkins Slade Ltd

 

In practise this means that if you negligently injure someone else, then the policy will indemnify you if they decide to sue for damages.

 

 

an insurance that covers you for negligence i hope thats just a poor choice of words i have never ever bought a policy that will allow me or my employees to disregard best practice and due dilligence.

 

i have no axe to grind over here in ireland im just concerned that people may read that the way i did.

 

I think negligence in this case means held to be responsible for the accident. Im pretty sure if the insurance company felt you had purposely caused a accident by ignoring best practices and advice etc they would not be willing to pay put.

[bigred1599968607]

in which case the wording should read

 

in practise this means that if you accidentally injure someone else, then the policy will indemnify you if they decide to sue for damages.

 

 

 

 

__________________

[carlrm1599968807]

Bloody hell he's serious... these insurance types...lol...s'pose I better cough up then

 

mmmmm i guess so