Insurance – Information

Welcome to the Australian Spiritual Alliance
Membership Insurance Options

Your Australian Spiritual Alliance membership is now more valuable than ever before.

The Australian Spiritual Alliance has partnered as a Distributor with an exciting insurance provider, BMS Risk Solutions Pty Ltd (BMS).
BMS is the official and exclusive broker for the Alliance member insurance program. BMS is a Lloyd’s broker and has several global teams, including Melbourne and Ottawa, dedicated to providing coverage, and value-added services to associations and its members.
BMS will bring to all Alliance members exclusive access, not only to comprehensive coverage and cost-effective pricing, but their ability to go beyond a traditional insurance broker and become a strong strategic partner.
BMS recognise the importance of having a solution ready to address members’ practice needs across a variety of environments and business circumstances. Through this, all members will receive access to increased resources to reduce practice risk and exceptional service for all insurance-related enquiries.
Members participating in the insurance program will benefit from increased value and improved services, including new extensions of coverage and increased limits of liability.
When applying for ASA insurance in July please determine your Level from the following table;


 
Concession
per person
Adult
per person

Group 1
of 2 to 5
Group 2
of 6 to 10
Level 1 :
    $1m Professional Indemnity &
    $20m Public Liability
$101.37 $101.37 $245.18 $494.29
Level 2 :
    $5m Professional Indemnity &
    $20m Public Liability
$127.02 $127.02 $312.04 $616.09

NOTES :
1. Insurance is available only to Membership PLUS Members.
2. Insurance Premiums shown above include:
     a) Underwriters Premium + GST + State Stamp Duty,
     b) BMS broker fee of $10 + GST,
     c) ASA administration fee of $15 + GST.
3. The Premiums shown above are valid only for the month of July. Insurance purchased after July is reduced on a monthly ProRata Basis.
4. Ensure you have read and understood the Policy Wording Document and the Financial Services Guide (FSG) before you make your purchase.

NEW APPLICATION FOR INSURANCE – INITIAL PERIOD UNTIL RENEWAL
Insurance is synchronised with the Alliance Financial Year.
When New Insurance is purchased after July 1 and before the next June 30,  a Monthly ProRata Discount applies and is automatically factored into the Quote.

INSURANCE BROKER –
    
BMS RISK SOLUTIONS PTY LTD
     L3 360 Little Collins Street, Melbourne, Victoria,
     T: 1800 931 070
     E: asa@bmsgroup.com
    W: www.bmsgroup.com