Dear Trainer
You will be pleased to learn that there will be NO increased costs for your NSWTA arranged training insurance policies this year.
You will also be pleased to learn that your level of cover has improved. This is on top of additional benefits we negotiated with Gow-Gates Insurance last year.
Never before has the dreaded Hendra Virus been included in your cover and we increased other benefits too.
Additional benefits include:
– Capital Benefit for Death or Permanent Disability increase from $50,000 to $100,000
– NEW Hendra Illness cover – $50,000 lump sum on confirmed diagnosis
– Care, custody and control (inc horses) cover increase from $5 million to $20 million
We believe that NSW trainers now have the best deal across Australia when it comes to insurance.
You will receive comprehensive Insurance information and policies for the 2014/15 racing year soon.
Once confirmed, the policy summary, disclosure, details, claim forms etc will be emailed to you and available throughout the year at http://homeofracing.com.au/trainers-lounge/
You are covered by the NSWTA arranged policies from August 1 if you ticked the box with Racing NSW when you renewed your trainers license.
In order to receive other benefits, discounts and services you need to be a member of the NSWTA.
If you are unsure and wish to confirm that you are a member of the NSWTA and/or insured by NSWTA policies simply reply to this email with your query.
These policies are designed to cover the base needs of around 1000 NSW Trainers. Some of you will have additional needs or desire further cover in some areas. Do not hesitate to contact me or Gow Gates directly on (02) 8267 9999 or 1800 811 371 should you wish to explore this further.
NSWTA Insurance Highlights
Personal Accident:
* Weekly Benefits – Injury – 85% of earning up to $750 per week max
* Non Medicare Expenses – 100% of actual costs incurred up to $2000 max
* Broken bones benefit – Up to $3000 max
* Routine duties Benefit (replacement staff) – 100% of actual costs incurred up to $500 per week max
Public Liability:
* Public Liabilty – $20 million
* Products Liabilty – $20 million
* Contamination or Pollution – $20 million
* Horse care, custody and control – $20 million (Up from $5million last year)
* Professional Indemnity (Professional Indemnity extension, errors or omissions) – $500,000
Addition benefits include:
– Capital Benefit for Death or Permanent Disability increase from $50,000 to $100,000
– Hendra Illness cover – $50,000 lump sum on confirmed diagnosis
– Care, custody and control (inc horses) cover increase from $5 million to $20 million
