Golf Umbrella Insurance Policy Summary of Cover

Transcription

1 Golf Umbrella Insurance Policy Summary of Cover This is a Policy Summary only; this document does not contain full terms and conditions of the contract of insurance. These can be located in the Policy document; a copy is available on request. Please revert to the Policy Schedule for information regarding Policy Excesses (the amount of any claim that you are responsible for) Insurers Section A-G: Section H: Section I: Certain Underwriters at Lloyd s DAS Legal Expenses Insurance Company Limited Catlin Insurance Company Type of Cover CCV Sports & Leisure s Golf Umbrella Insurance is designed to cover the assets, earnings and the legal liabilities of your business. Please note certain covers under the Golf Umbrella Scheme are optional and will only apply if they have been requested. All covers are shown on the Policy Schedule. Section A: Property Damage: Cover is provided for Damage to Property caused by: Fire, Lightning, Explosion, Aircraft, Earthquake, Riot, Malicious Damage, Theft, Storm, Flood, Impact, Escape of Water, Accidental Damage and Subsidence as defined in the Insurable Perils section of the Policy Wording. The Policy Schedule will show which Insured Perils apply to each item Principals Extensions Limits Cancellation or Abandonment 10,000 any one loss Clearing of Drains 10,000 any one loss Cups and Trophies 5,000 any one article Fire extinguishment expenses 5,000 any one loss Damage to greens and tee boxes 20,000 any one green, no upper limit in the (Including Green Keeper error) aggregate Hole in one 500 Loss of Metered Water 10,000 any one loss/ 50,000 in aggregate Members sports equipment 1,500 any one member/ 50,000 any one loss Property in the open 2,500 Temporary removal The lesser of 15% of the total property sum Insured Theft damage to buildings 25,000 (if buildings are not insured by this section) Theft of keys and lock replacement 2,500 Third party storage locations 5,000 any one location/ 20,000 in aggregate Underground services trace and access 10,000 any one loss/ 25,000 in any one period of insurance Removal of Debris 10,000 for costs and expenses of stock in trade Compulsory Course Alteration 50,000 any one loss and an aggregate limit of 250,000 Course and Garden Furniture 25,000 in anyone period of insurance or 1,000 any one items Emergency Service Damage to Gardens 5,000 any one loss/ 20,000 in aggregate

2 Principal Exclusions A number of covers are excluded when premises are unoccupied Accidental erasure of electronic records Acts of fraud or dishonesty Bursting by steam pressure of boilers Cessation of work Change in temperature Corrosion, rust, wet or dry rot Damage to building by its own collapse Defective workmanship, design or materials Disappearance, unexplained loss Frost, change in water table level Inherent vice, latent defect, gradual deterioration Damage to property that is the subject of a trade Joint leakage, failure of welds Mechanical or Electrical Breakdown Orders of the Government Pollution or Contamination Spontaneous fermentation Storm and Flood damage caused to fences, gates, and property in the open Subsidence On made up ground Coastal Erosion Normal settlement of new structures Wear and Tear Additional Covers to Section A Cover Cover includes Principal Exclusions Glass Damage to Glass Money Loss of business money either on the premises or elsewhere within the territorial limits Theft by Employees Loss of business money caused by fraudulent acts of employees. All limits are shown on the schedule Deterioration of Stock Deterioration or contamination, to food belonging to You or for which You are responsible, while contained in any refrigeration unit Temporary boarding up Damage to alarms Damage to contents caused by glass up to 2,500 Sanitary ware up to 2,500 Damage to external signs and blinds up to 2,500 Clothing and personal effects up to 500 Damage to safe and tills Temperature Change through breaking, distortion or burning out of any specified part Failure of temperature controls Accidental failure of public electricity supply only if not deliberately caused by the supply authority Accidental leakage Damage caused by repairs or alterations when building is unoccupied Loss from an unattended vehicle shortage due to error or omission Wear and tear, deterioration or gradually developing flaws or defects in the unit Failure to correctly set any temperature controls First 20% of any loss where failure of refrigeration units are over 10 years old and not the subject of an annual maintenance contract

3 Goods in Transit Property in transit in Great Britain, Northern Ireland, the Isle of Man or the Channel Islands Standard Limit 3,000 Personal effects belonging to the driver up to 500 Removal of debris up to 2,500 Breakdown of refrigeration Depreciation, delay, inadequate documentation Consequential loss Erection dismantling or installation Inadequate packing or addressing Optional Additional Cover to Section A All Risks on portable property All Risks cover on portable propertywithin the Geographical Area selected confiscation or detention unattended property unless contained in a securely locked building a secure vehicle wear, tear, breakdown or depreciation Section B Golf Umbrella Extensions Cover under this Section is limited under Section B as per Policy Wording during the period of insurance Extension Reimbursement of Subscription and/or pre-paid fees Wedding Extension Rent Summary of Cover Reimbursement of the club members for their subscription or fees pre-paid if such member suffers an accident or illness declaring itself following an accident, whilst playing golf, causing the member to remain unable to play golf for more than fifty days, We will indemnify the insured following cancellation of any wedding reception arranged at the Premises as specified in the policy wording. We shall not be liable for any one loss exceeding 5,000 and 10,000 in the aggregate in any one Period of Insurance In addition we shall not be liable for (A)Circumstances known at the time of booking which would give rise to cancellation or rearrangement (B)Lack of funds after booking other than for redundancy (C)Disinclination to marry by the Bride or Bridegroom (D)The first 250 of each and every claim (E)any amount recoverable from another source We will indemnify you following a loss for A)Rent Payable B)Rent Receivable and Costs of Alternative Accommodation The maximum amount payable under this Extension is the proportion of the Sum Insured which equals but does not exceed the proportion of the period of rent insured necessary to make the building fit for occupation.

4 Third Party Property Damage Additional Expenditure Cancellation or Abandonment If You so request We will indemnify You for loss of or damage to Third Party Property sustained as a result of impact by golf ball(s) irrespective of You becoming legally liable Any additional expenditure incurred in consequence of Damage at the Premises for the purpose of maintaining existing club facilities up to an amount of 25,000 any one period of insurance We will reimburse You for money irrecoverable following cancellation curtailment or abandonment of Captain s Day Competition Championships or similar golf day events Section C: Business Interruption: Cover is provided for loss of gross revenue caused as a result of damage to Property covered in Section A Principal Extensions Limit Accidental failure of public supply 25,000 Denial of access 25,000 Outstanding debit balances 100,000 Premises closure or restrictions 25,000 Property in transit 25,000 Documents 25,000 Contract sites 25,000 Storage sites 25,000 Principal Exclusions Damage by riot or malicious damage causing erasure loss distortion or corruption of information on computer systems Other erasure loss distortion or corruption of information on computer systems unless resulting from any of the Insured Perils Increase in cost of working due to: Failure of any satellite prior to obtaining its full operating function Atmospheric, solar or lunar conditions causing temporary interference with transmission to or from any satellite Section D: Liabilities: Employer s Liability This cover protects companies for their legal liabilities in respect of claims from employees suffering an injury or disease due to, and during, their employment. The Limit of Indemnity is 10,000,000 Principal Extensions Court appearance compensation Corporate Manslaughter and Corporate Homicide legal defence costs Health & Safety at Work - legal defence costs Indemnity to other parties Unsatisfied court judgements Limit 250 per day per person

5 Principal Exclusions Liability arising from work or visits offshore injury involving motor vehicles in circumstances where motor insurance is required working other than in Great Britain, Northern Ireland, Channel Islands and Isle of Man other than for temporary visits Section D: Liabilities: Public Liability This cover protects companies for their legal liabilities to pay compensation and legal costs for accidental death or personal injury to any person (excluding employees) and damage to third party material property. The Limit of Indemnity is shown on the Schedule and is inclusive of costs in respect of occurrences in the USA or Canada. Principal Extensions Consumer Protection & Food Safety Acts (Legal defence costs) Corporate Manslaughter and Corporate Homicide (Legal defence costs) Cross liabilities Data Protection Act Defective Premises Act Health & Safety at Work (Legal defence Costs) Indemnity to other parties Member to Member Motor contingent liability Overseas personal liability Court attendance compensation Reimbursement of subscription fees 250 per day per person 500 any one member Limit Principal Exclusions Advice & Design All pollution in USA/Canada Asbestos other than accidental discovery Contractual liability Damage to goods supplied Exports to USA/Canada Fines Gradual pollution and contamination Property in the custody/control of the Insured Safety critical products Use of boats, watercraft, aircraft Work away other than collection and delivery Vehicles when compulsory insurance is required working offshore working other than in Great Britain, Northern Ireland, the Channel Islands and the Isle of Man injury to any person who is participating, practising or training in any sporting activity other than golf swimming tennis billiards, darts, pool, snooker or table tennis Belligerent acts of employees

6 Section H Commercial Legal Protection Cover Cover Includes Exclusions This section will cover the insured person in respect of any insured incident arising in connection with the business shown in the policy schedule if the premium has been paid Employment Disputes and Compensation Awards Service Occupancy Legal Defence Statutory Licence Protection Contract Disputes Property Protection and Bodily Injury Tenancy Disputes Tax Protection Any claim reported more than 180 days after the date the insured person should have known about the insured incident Costs and expenses incurred before the written acceptance of a claim by us Fines, penalties, compensation or damages which the insured person is ordered to pay by a court or other authority other than compensation awards as covered under insured incident 1(b) Compensation Awards and 2 Legal Defence. Any claim relating to patents, copyrights, trademarks, merchandise marks, registered designs, intellectual property, secrecy and confidentiality agreements Any claim relating to franchise rights, or agency rights where the policyholder has the legal capacity to alter the legal relations of another Any insured incident deliberately or intentionally caused by an insured person A dispute with us not otherwise dealt with under Condition 7. Any claim relating to a shareholding or partnership share in the policyholder unless such shareholding was acquired under a scheme open to all employees of the policyholder or a substantial number of them of a certain minimum grade other than the directors or partners of the policyholder An application for judicial review Section I: Directors & Officers Liability Cover Cover Includes Exclusions The insurance provides cover subject to its full terms and conditions for liability incurred by the director or officer of a company as a consequence of certain kinds of wrongful act and defence costs incurred by the director or officer or the company of which it is a director or officer. It is a claims made cover, meaning that it responds to claims made during the policy period. Pollution Claims Defence Costs Automatic cover in respect of acquired companies Advancement of Defence Costs No imputation of knowledge as between directors for the purposes of the proposal form Circumstances known to the Insured at the commencement of the Policy The subject matter of prior and pending litigation at the commencement of the Policy Liabilities concerned with securities Bodily injury Loss or damage to physical property Dishonesty Claims related to remuneration to which the Insured is not entitled Pollution (other than Defence Costs) Claims outside the United Kingdom Matters covered by other insurance Employee benefit related claims Terrorism

7 Terrorism An optional Section where you may choose to add All Risks Terrorism Insurance to the Material Damage and Business Interruption covers. Cover is provided for events arising from acts of Terrorism in England, Scotland and Wales. Terrorism cover cannot be purchased selectively. If you require Terrorism cover it must apply to all your insured property. Cover will be Limited to the Sums Insured that you have selected Subject to the same exclusions as under the Material Damage and Business Interruption Sections. Principal General Policy Exclusions War Sonic bangs Date recognition Terrorism (Property and Business Interruption) Government action Marine covers Radioactive contamination Computer virus Cancellation period You have the right to cancel this insurance within 14 days of inception or receipt of policy documentation, whichever is the later. Claim Notification To make a claim write to CCV Underwriting Sports and Leisure, or call them on Making Yourself Heard We strive to provide an excellent service to all our customers but occasionally things can go wrong. We take all complaints seriously and endeavour to resolve all customers problems promptly. To ensure our service meets customers expectations all comments received are recorded and analysed to facilitate continuous improvement to its service. Your right to complain If You feel that We have not offered a first class service please write and tell Us and We will do our best to resolve the problem. If You have any questions or concerns about Your policy or the handling of a claim You should, in the first instance, contact; The Managing Director CCV Sports and Leisure Towergate House St Edwards Court London Road Romford Essex RM7 9QD Tel: Fax: In the event that You remain dissatisfied and wish to make a complaint, You can do so at any time by referring the matter to Policyholder and Market Assistance at Lloyd s to review Your case. Their address is: Policyholder and Market Assistance Lloyd s Market Services One Lime Street London EC3M 7HA

8 In the event that they are unable to resolve your complaint, it may be possible to refer it to the Financial Ombudsman Service. Further details will be provided at the appropriate time. Financial Ombudsman Service South Quay Plaza, 183 Marsh Wall, London E14 9SR Telephone: Financial Services Compensation Scheme (FSCS) CCV Risk Solutions Limited and all the insurers detailed in the policy schedule are covered by the FSCS, which is triggered when an authorised firm goes out of business. In this unlikely event you may be entitled to compensation from the scheme. Full details are available at CCV Underwriting Sports & Leisure Towergate House, St Edwards Court, London Road, Romford, Essex RM7 9QD Telephone: Fax: CCV Underwriting Sports and Leisure is a trading name of CCV Risk Solutions Limited Registered in England & Wales at Towergate House, Eclipse Park, Sittingbourne Road, Maidstone, Kent ME14 3EN. Company number Authorised and Regulated by the Financial Conduct Authority 7121/236/SOC/04.14