Asset Protect is an insurance product designed by JLT Sport to provide very important cover for the assets owned by indoor sports centres. It provides protection against fire, theft, damage etc.
Asset Protect is available as an optional policy that can be purchased by centres (please check with JLT Sport if you already have this policy in place).
The following sections of cover are available within an Asset Protect policy:
|Fire & Perils (including buildings cover)||Replacement cover for buildings and/or contents following damage or a large loss such as fire or storm.|
|Business Interruption||Financial compensation for lost income following an interruption to the centre’s business.|
|Theft||Repair or replacement cover for contents including stock, sporting equipment, computers and electronic equipment following a break-in.|
|Glass Breakage||Coverage for breakage of fixed internal or external glass.|
|Money||Cover for theft or loss of money whilst on the premises, in a locked safe, at a private residence or in transit.|
|General Property||Coverage for items taken away from the premises such as sporting equipment, video cameras etc.|
|Computer & Electronic Equipment Breakdown||Coverage for reinstatement, replacement or repair of electronic equipment.|
|Machinery Breakdown||Coverage for reinstatement, replacement or repair of broken machinery.|
The standard claims excess is $200 (higher excesses apply for earthquake, cyclone and other major losses). You can nominate a higher standard excess ($500) to reduce your premium slightly.
Want to apply for cover?
Need more information?
If you have any questions about Asset Protect cover or need something explained please contact JLT Sport on 1300 130 373.