Insurance jargon |
Plain English |
Parentkind benefit ? |
Who covers this ? |
Material damage – all risks |
Covers the PTA ’ s property or property which the PTA is responsible for , from damage caused by insured events such as fire , theft , accidental damage , storm or flood . |
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Zurich Insurance Company Ltd |
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Business interruption
Money
Public liability
Excess public liability
Employers ’ liability
Excess employers ’ liability
Personal accident cover
Deterioration of stock
Trustee indemnity
Cover provides financial compensation for additional expenditure following a claim under the Material Damage section , such as having to hire additional equipment which had been stolen for a planned event .
Covers the theft or damage of the PTA ’ s money , such as from safes or whilst in transit .
Covers you and your volunteers helping you in respect of your legal liability for costs and expenses arising from injury to a third party or damaging their property , e . g . a member of the public .
Provides top-up cover in excess of that provided by the primary insurer above .
Covers you in respect of your legal liability for costs and expenses arising from injury to your employees , members or volunteers .
Provides top-up cover in excess of that provided by the primary insurer above .
Provides an agreed financial benefit in respect of PTA employees , member or volunteer following death or disablement arising from an accident and / or an assault at a PTA event .
Covers stock that has become unusable following the breakdown of fridges or freezers .
Trustee indemnity insurance protects charity trustees ( committee members ) personally from any claims made against them arising from their failure to act in a proper manner in their role as a trustee or committee member . This would cover damages and legal costs , but any illegal act or deliberate negligence cannot be insured against .
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Zurich Insurance Company Ltd
Zurich Insurance Company Ltd
Zurich Insurance Company Ltd
Axis Specialty Europe SE
Zurich Insurance Company Ltd
Axis Specialty Europe SE
American International Group Ltd
Zurich Insurance Company Ltd
Zurich Insurance Company Ltd
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Important note on fireworks displays
If your PTA wants to set off your own fireworks , these displays are no longer covered by our member insurance .
Over the past decade , fireworks were the riskiest activities carried out by PTAs . Injuries associated with fireworks ( not managed by a thirdparty supplier with their own insurance ) accounted for almost 75 % of the value of all claims reported in the market .
If we were to include fireworks displays in our insurance , the price of our membership would increase much more than we felt was reasonable to ask of our members .
But that doesn ’ t mean you can ’ t have fireworks displays at your events – just use a third-party supplier who has their own insurance , or contact Marsh Commercial about getting additional cover .
To see your insurance documents , go to parentkind . org / my-account If you have any questions about these policies , email us at info @ parentkind . org or call 0300 123 5460 . If we ' re unable to answer your question , we ' ll get you in touch with our dedicated team at Marsh Commercial .
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Photography : shutterstock . com / insta _ photos Illustrations : lifeforstock on Freepik , Image by rawpixel . com on Freepik |
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