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Zurich offers 'cheaper' public liability insurance to small community groups
By Ruth Stokes, Third Sector Online, 28 July 2010
Offer developed with local umbrella body Navca
Financial services provider Zurich has launched a scheme offering public liability insurance to small voluntary organisations and community groups for less than £10 a month or £75 a year.
Zurich said the policy would enable groups to purchase comprehensive public liability cover for a range of activities covering claims and losses of up to £10m.
The offer was developed in collaboration with local umbrella body Navca and is delivered by Tennyson Insurance.
A spokesman for Navca said: "As far as we understand, this is the first time such insurance has been available to community groups for less than £100 a year."
Kevin Curley, chief executive of Navca, said in a statement: "This is a brilliant new scheme that will meet an urgent need in the communities sector."
A spokeswoman for Zurich said that voluntary and community projects often failed to get off the ground because of the cost and complications of buying protection, which can sometimes involve going through the local council.
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Simon Hickman, 2 August 2010, 11:54
Quote "A spokesman for Navca said: "As far as we understand, this is the first time such insurance has been available to community groups for less than £100 a year""
The level of research here was not very high! Access Insurance have been offering this cover for at least a year and a half.
local councils do provide a lot of support to local small charities and voluntary groups and they have lists of insurance brokers who are active in the sector.
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Andy Moys, 4 August 2010, 16:22
All I can add is that i approached several brokers earlier this year and the best one event cover for an evening's hire of a venue was £150 or £350 for an annual policy for £10M public liability. Simon, where do you get info from about available insurance cover? \(None of the brokers I approached were tied and did not include commission in the quote.)
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