Asset Protect Insurance

Make sure your club’s content and assets are covered with Asset Protect Insurance. We help arrange cover for sporting clubs, sporting associations and sporting centres.

Our Asset Protect policies can help provide protection for:

Equipment (Material Loss or Damage)*

Designed to help cover the physical loss or damage to your clubs assets (e.g. building, contents and stock), at your premises from certain sudden, unexpected or unforeseen occurrences (Perils e.g. Fire, Storm Damage).

Noting, Flood Cover is excluded and can be requested as an endorsement at additional cost

Business Interruption

Business interruption insurance can help your club recover and get back on track after an unexpected significant property loss.

Glass*

Helps to cover the costs of replacing internal or external glass that is accidentally damaged or broken (e.g. windows including advertising signs).

*Automatically included with Material Loss or Damage

Money

Designed to help cover your club’s money whilst on your premises and in transit (e.g. canteen takings stolen).

Machinery Breakdown

Designed to help cover a mechanical breakdown of machinery equipment at your club (e.g. Air-Conditioning Unit, Canteen fridge).

Burglary

Helps to cover loss of your contents and stock due to theft from forcible and violent entry to your premises.

Computer Electronic Equipment

Can help cover the breakdown of electronic equipment at your premises (e.g. Photocopiers, Computers, POS).

General Property

Designed to help cover loss or damage to portable property (e.g. Laptops, equipment used away from the club).

Important Tips

  • It is important to review your business policy coverage on an annual basis to fully ascertain and ensure that your insurance remains fit for purpose.
  • Be careful not to compare insurance solely on premium. Insurance providers can base a policy’s premium on the risks they take on and having a high number of exclusions can reduce these risks, which should result in a lower premium.
  • If in doubt, ask. If you have questions that can’t be found online, contact us to ensure you thoroughly understand the Asset Protect policy.

Request a quote today

In order to obtain a quote for Asset Protect insurance download and send the completed application form to us at sport@marsh.com

Frequently Asked Questions

Without protection your club could lose everything to a single event, like a storm or fire.

Asset Protect insurance can cover you for many types of risk, from theft and damage to your insured property to loss of income due to business interruption.

Some of the Sporting Risk Protection Programs we arrange automatically include a level of cover for club assets. Please check the relevant sport’s page on our website to find out more.

You can pay your insurance upfront by credit/debit card or BPAY. Alternatively, we can help you spread your payments by arranging premium funding to split your payments into monthly instalments. 

Business interruption insurance typically covers loss of income and increased operating costs as a result of an insured event (property damage or loss) under your property insurance policy.

The policy is intended to provide cover from the date of the loss to when your turnover is back to its pre-loss level, however, this is subject to the coverage limits obtained and any applicable time deductible. Generally, business interruption insurance covers:

  • Loss of income
  • Ongoing expenses (E.g. payroll, financing and other fixed costs)
  • Additional costs required to return to normal business operations
  • Revenue earning operations, supply chain and manufacturing dependencies
  • Disruption caused by service providers including power, telecommunications, water

Voluntary shutdown or business interruption unrelated to a property loss/damage is typically not covered under business interruption insurance. A business interruption policy will also have an excess (or deductible) and policy limits, and cover may differ from insurer to insurer.

Also, insurers will not accept risks that have already crystalised, such as interruptions caused by the current COVID-19 situation. It is important that you read your policy wording to understand the complete list of business interruption insurance exclusions and policy conditions.

An indemnity period is how long a business interruption insurance policy will pay for the interruption of your business. The indemnity period should represent the maximum amount of time it will take to get the turnover of the business back to normal after a worst-case scenario incident.

Many factors will need to be considered to determine the appropriate indemnity period for your business. This needs to be discussed in-depth with your insurance advisor.

Still have questions?

For general enquiries please contact the team at sport@marsh.com and one of our friendly team members will be in touch.

Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) arranges the insurance and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh Advantage Insurance (MAI) on request. MAI makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. 

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