Sports Insurance Australia – Why it Pays to be Covered

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Sport is a huge part of Australian culture and as much as we love to watch it, we also love to get involved. When it comes to continuing our love of sport, we can thank the numerous community sporting clubs, organisations and associations who cater to adults and children alike.

In fact, statistics through the Australian Sports Commission show that between October 2015 and September 2016, nearly 3.2 million children participated in some form of organised sport or physical activity outside of school hours with sports clubs being the main venue for children to be active. In relation to adults, the Australian Bureau of Statistics reported that between 2013 and 2014, 5.2 million people in Australia aged 15 years and over were involved in organised sport and physical activity.

With this level of engagement in Australian sports and recreation facilities, you need to be confident that all of your areas of risk are covered through adequate sports insurance when you’re in charge of one of these organisations.

What is sports insurance?

A sports insurance package is designed to protect sports and recreation organisations from financial loss when things go wrong by providing cover for your areas of risk. You have a duty of care to ensure the safety of members as well as the general public in your facilities and no matter how many procedures you have in place around safety, things can easily go wrong. From a member of the public tripping over in your facility to a player being seriously injured during a game, consumers these days increasingly know their legal rights and your organisation could easily find yourself at the receiving end of a claim. Even if you’re found not liable following a claim, legal costs can add up and impact on the financial livelihood of the organisation.

Sports insurance is designed to cover players, clubs, organisations and associations involved in the sports industry to protect their assets. When it comes to your sports insurance, the areas of risk which you can generally expect to be covered include:
Associations liability
Personal accident
Public liability
Professional indemnity
Occupational health and safety
Workers compensation
Property content/building

GSK Insurance have you covered
If you’ve been searching for sports insurance brokers, GSK Insurance can help. Our team of professional, knowledgeable insurance brokers will ensure that your sport and recreations organisation has adequate protection to cover your risks. We have experts in the field of sports insurance so you can be confident that we know exactly what level of cover needs to be provided in your insurance policy. We work tirelessly to ensure optimal cover with competitive premiums and have extensive experience in managing the risk of sporting organisations.

For more information about sports and recreation insurance, contact GSK Insurance today on 08 9478 1933.