Saturday, 30 June 2012

EBU Club Insurance - Renewal - 2012

EBU Club Insurance is due for renewal from the 1 April 2012. We are pleased to announce that the prices remain unchanged from 2011. Insurance premium tax of 6% and Osbornes administration cost of £5.00 are included in the quoted prices.


The Public Liability policy is £58.00 and the Premium insurance policy is £68.60, the All Risks sum has been increased to £4,000 for the basic premium insurance. This year we are also able to offer a tiered schedule, so should you require a higher sum insured for All Risk, Osbornes can now offer this, please see table below.  Should you wish to amend your insurance cover please contact me, Clare Dumbarton clare@ebu.co.uk or 01296 317225.


CATEGORY
ALL RISKS SI
MONEY SI
PL LIMIT
EL COVER
PREMIUM*
Public Liability Only Schedule
N/A
N/A
£5M
N/A
£58.00
Premium Schedule
£4,000
£500
£5M
Yes
£68.60
Tier 2 - Premium Schedule
£8,000
£500
£5M
Yes
£128.60
Tier 3  - Premium Schedule
£12,000
£750
£5M
Yes
£168.00
Tier 4 -  Premium Schedule
£16,000
£750
£5M
Yes
£208.00
Tier 5  - Premium Schedule
£20,000
£750
£5M
Yes
£248.00
*PRO RATA RATE APPLY FROM MAY ONWARDS


IMPORTANT – new information required
This year there is an additional piece of information that needs to be collected from those clubs that have Employers Liability cover.  The new Employers Liability insurance guidelines require that all insurers who provide Employers Liability need to collect the individual PAYE number or Employers Reference Number (ERN) that is allocated to every registered employer.

If you club operates a Pay As You Earn (PAYE) system to collect Income Tax and National Insurance, Osbornes require your PAYE or ERN (Employers Reference Number) number.   Please see linked PAYE document for more information and here is the link to the HMRC website (http://www.hmrc.gov.uk/paye/index.htm).

We would like to take the opportunity to remind you that Osbornes are independent insurance intermediaries and as such act on your behalf when arranging insurance.  As always, should you have the need to claim or have any general insurance queries please contact Osbornes on 01844 213161 or by email george@osbornesins.co.uk