Parmia Insurance
- protecting Learning & Development Professionals
AIPF is extremely proud to be associated with the Parmia Insurance in offering its valued members a highly competitive and tailored Professional Indemnity and Public Liability Insurance solution.
Recent studies have indicated that the majority of facilitators, trainers and coaches only take out cover to meet client contractual obligations. We also discovered that due to the diversity of the activities being undertaken by AIPF members, it has been difficult to find one insurer who would address either some, or all, of the activities for which members may be involved.
AIPF and Parmia Insurance have found a solution for our ever-growing Industry and to help AIPF members protect themselves and their business as well as minimise the risk for their clients.
We are pleased to have effected an Industry insurance service where AIPF members can be insured under an individual policy which is specifically tailored to meet the needs of members of the AIPF, but utilises the anticipated volume of members under this one program to offer highly competitive premiums.
A significant benefit is this service assumes that you will not have a claim in any 12 month period, whereas with most other policies, the Insurer charges a premium which allows for past losses that have occurred in this Industry. Only in the event of a claim must the Insured pay an additional premium to reinstate his policy limit (set premium rate).
Highly Competitive Premiums - new rates effective 1 October 2009
Professional Indemnity ($5M) + Public Liability ($10M)
| Turnover |
Total Insurance Cost |
|
Under $250,000
$250,000 - $500,000
$500,000 - $750,000
$750,000 - $1 million
|
$490.00
$665.00
$727.00
$910.00
|
Indivial policies with individual limits, terms and conditions.
PARMIA - Protecting Learning Professionals
Other Benefits include but are not limited to:
- Automatically covers a wide range of activities including but not limited to Facilitators / Trainers; Consultants; Mentors / Coaches; Speakers; Educators / Tutors / Lecturers; Assessors / Advisors; Human Resources Specialists; Learning and Development Professionals; and other as declared and agreed upon submission to the Insurer.
- Highly competitive Premiums
- Additional options at no additional cost, such as Breaches of Trade Practices Act (Misleading or Deceptive Conduct); Defamation; Court Inquiries Costs; Cover arising from actions of Consultants, Sub-Contractors, Agents; Attendance at Inquiries; etc all as per policy wording.
Parmia are looking at a number of exciting additional features on behalf of AIPF members, including but not limited to:
Or contact the team at Parmia on 1800 727 642
a) Superannuation/Life Insurance cover
b) Cover for laptops and associated equipment lost of damaged anywhere in Australia
c) Discounted legal advice for members
d) Discounted loans for personal and commercial purposes
|
