Sports Business Insurance

Disclosure

This form should take no more than a few minutes to complete. If you have any queries or problems with the form then please give us a call on 01494 887909 and a member of our team will be happy to help.

The Application Form should be completed to the best of your knowledge and belief and all material facts should be disclosed (these are facts which are likely to influence the insurer’s acceptance or assessment of your application). If you are in any doubt about facts considered material you should disclose them.

The proposer(s), or any partner or director has never:-

(i) Had any proposal for insurance cancelled or declined for renewal or required increased premium or imposed special terms

(ii) Been prosecuted and there are no prosecutions pending under the Health and Safety at Work Act or any other statute or regulation

(iii) Been convicted of, prosecuted for and there are no prosecutions pending for any criminal offence (other than motoring convictions)

If you are unable to agree with the statement above please contact us on 01494 887 909

Any business or individual must confirm the following:

Internal Use Only

Correspondence Details

Your Business Details

Please provide additional turnover for business outside of the UK

Turnover is the total income received by a business in a certain period. It's sometimes referred to as ‘gross revenue’ or ‘income’. It is not your business’s profit, which is a measure of earnings after all costs have been paid such as tax, wages and other expenses.
Trampolining/Gymnastics: Public Liability exceeding £10m requires referral

Public / Products Liability

This will cover the costs of defending the business if it was blamed for any injury or damage to a third party or their property as a result of your business activities or the professional advice you or your coaches give. As well as covering the legal fees associated with defending the business it will also provide cover for any settlement.

Professional Indemnity

Employers' Liability

If you have anybody working or volunteering for your business you will need Employers Liability Insurance unless they are Bona Fide Sub Contractors with their own Public Liability insurance of at least £2 million.

Do you need to supply an Employer Reference Number?
Unless all of your employees are paid below the PAYE threshold, you will have been supplied an Employer Reference Number (ERN) by HMRC. Businesses are required to provide their ERN when taking out Employers’ Liability insurance.
Important
You must contact us with your ERN as soon as HMRC have issued it. If we do not hear from you within 8 weeks of purchase we may cancel your Employer's Liability Insurance
Important
We will contact you for your ERN shortly after you purchase your policy. If you are unable to supply an ERN within 8 weeks of purchase we may cancel your Employers' Liability insurance

Sports Equipment

We can provide cover for the equipment you use to deliver your business activities. This covers the cost if your equipment were to be lost, stolen or damaged.

About Your Business

The following questions allow us to understand your business:

Declaration

Please confirm that the following statements are correct:

The information provided in connection with this proposal form is true and I/We have not withheld any material facts.

I/We understand that non-disclosure or misrepresentation of material facts will deem the Contract of Insurance void.

I/We understand that the signing of this proposal form does not bind me/us to complete the Contract of Insurance. However, I/We agree that should a Contract of Insurance be completed, then this Proposal Form and the Declaration shall form an integral part of the basis of the Contract of Insurance.

It is understood by the assured that any information provided to the Underwriters regarding the Assured will be processed by the underwriters, in compliance with the provisions of the Data Protection Act 1998, for the purpose of providing insurance and handling claims, if any, which may necessitate providing such information to third parties.

I/We understand that any change in information must be notified immediately and no cover exists until such change has been approved by Underwriters.

Endorsements