Fees – Insurance

The initial period of a new Insurance Policy Cover (and Membership) is synchronised to the Alliance Financial Year. This means that your initial period until your first renewal may not be a full 12 month period.
A ProRata variable rate applies from the date of application.

For a Policy Summary and Additional Benefits refer to our Insurance Information Page.
A C
ertificate of Currency will be issued by our Broker and emailed to you.
The period of Cover ends on the following June 30

NOTE:
The Insurance Package Limits for the Professional Indemnity Cover for —

a) Adults and Concession members, refers to each individual member;
b) Groups and Organisations, refers only to their Nominated Representative.

The Insurance Package options available are –
Option 1 –
a) $1,000,000 Professional Indemnity, and includes
b) $20,000,000 Public Liability,
c) $20,000,000 Product Liability, and
d) Additional Cover as per the Policy Summary

Option 2 –
a) $5,000,000 Professional Indemnity, and includes
b) $20,000,000 Public Liability, and
c) $20,000,000 Product Liability, and
d) Additional Cover as per the Policy Summary

INSURANCE
OPTION 1

RENEW
on
July 1

NEW INSURANCE OPTION 1 – PRORATA

1st
QUARTER

2nd
QUARTER

3rd
QUARTER

4th
QUARTER

All Members

$180.00

$180.00

$162.00

$144.00

$126.00

 

INSURANCE
OPTION 2

RENEW
on
July 1

NEW INSURANCE OPTION 2 – PRORATA

1st
QUARTER

2nd
QUARTER

3rd
QUARTER

4th
QUARTER

All Members

$210.00

$210.00

$189.00

$168.00

$147.00

The Prorata Quarterly amounts are preset in the Membership Management Program and is based on the Date of Application for NEW Membership and in reference to our Financial Year.
1st Quarter – July 1 to September 30
2nd Quarter – October 1 to December 31
3rd Quarter – January 1 to March 31
4th Quarter – April 1 to June 30