PUBLIC/PRODUCTS
LIABILITY
The
following cover is provided free of charge to all affiliated branches of
the Association of Woodturners of Great Britain.
Cover:
Public
& Products Liability including
•
Member to Member
liability
•
Demonstrations •
Tuition • Exhibitions
•
Damage to rented or hired premises
Limit:
£2,000,000
any one event & in the aggregate any one period in
respect
of
products
ADDITIONAL
COVER
Branches
may, if they wish, take out additional cover to cover the cost tools
equipment and work
Cover:
Increase
Public /Products Liability to £5,000,000 =
£13.75
per annum
All
Risks stock, minimum sum insured £1000 = £44 per annum,
sums over £1000
are costed at £44 per £1,000. Value
of stock is based
upon replacement upon trade price, i.e. cost of manufacture, and not the
retail value.
Machinery,
tools and equipment, minimum sum insured £1,000 = £32 per annum,
sums over £1,000 are costed at £32 per annum based
upon replacement value.
Loss
of exhibition expenses £45 per annum
The
above is a brief synopsis of the scheme negotiated for affiliated branches
of the AWGB which came into force from 1st May 2001. The rates are
correct at 1Jan 2007 but can change at any time.
In
order for the executive committee to be able to administer the insurance
scheme more effectively we would ask that requests for additional cover be
made through the Honorary Secretary in
the first instance, in writing please, in order that we know
exactly what is being insured and what is not.
He will advise Ian Wallace of your requirements, who will put the
cover in place and invoice the AWGB, who will in turn invoice the branch
concerned.
Ian
Wallace
0800
919359
e-mail:
info@craftinsurance.co.uk
www.craftinsurance.co.uk