Management Liability Insurance protects your club/school and the company against the risks and exposures of running the company.
Without the proper protection you could risk losing, not only your business, but also your personal assets. This insurance protects you personally, and therefore your wealth and lifestyle.
The legal costs to defend allegations of wrongful acts alone can be financially crippling for businesses and individuals.
Management Liability Insurance is often confused with professional indemnity insurance. Professional Indemnity Insurance covers the ‘activities’ of a business/club whereas Management Liability Insurance covers the ‘running’ of a business/club.
For more information contact 03 8601 1124 and learn what your school/club may need.
A Management Liability policy is designed to cover a range of potential exposures that you, and your club/business, are exposed to on a daily basis.
Management Liability Insurance policies cover the following: