Marsh Insurance manage the Jobs Australia Insurance and have provided the following update on January 11th 2022 for Sheds to consider as following:

Jobs Australia is a national organisation that supports the largest network of Not-for-Profit Members who provide diverse employment services and pathways, education, training and skills development and community and social services. (See Membership Brochure attached)

As part of our membership subscription organisations can access the Blanket Cover Insurance Program offered in collaboration with our brokers, Marsh.

The Blanket Cover Insurance Program was developed more than 30 years ago to provide broad coverage at a very competitive price for the Not-for-Profit industry.

A summary of the cover is provided in the attachment (Blanket Cover Insurance Program) which explains all the inclusions.

How to access the Blanket Cover Insurance Program.

To access the Blanket Cover Insurance Program, your organisation must be a Member of Jobs Australia.

Jobs Australia membership

  • Membership subscription is $2.25 per Men’s Shed Member per annum (GST Included)
    • Quotes will be prepared on a pro rata basis if you join throughout the year.

Blanket Cover Insurance Program

  • To access the Blanket Cover Insurance Program, you will be charged a subscription fee of $35.75 per Men’s Shed Member per annum (GST Included).
  • Due to the administrative cost, a minimum of ten members applies.
  • Quotes will be prepared on a pro-rata basis if you join throughout the year.
  • Contents insurance is included in the Blanket Cover Insurance Program. Cover will be provided based on the information supplied in section 23 on page 8 of the Blanket Cover Insurance application form, where you should declare the organisations content value and locations.

To assist our Men’s Shed Members, Jobs Australia will cap any possible price increase to be handed down to Members to 7.5% for the 30 June 2022 – 30 June 2023 financial year.

Building Insurance

  • Owned building cover is issued separately to the Blanket Cover Program, directly       through Marsh. If your organisation owns buildings, please complete section 24- 26 on page 9 of the application form and Marsh will be in contact, to provide a separate insurance quotation for the building.

The Blanket Cover Insurance Policy is a group policy that runs annually from 30 June to 30 June.

Excess

Jobs Australia in collaboration with our brokers Marsh are working on reducing the excess applicable on Public Liability policy. We are aiming to have this implemented from 30 June 2022. However, over the next 6 months leading up to 30 June 2022, Jobs Australia is willing to work with any Men’s Shed that might have a Public Liability claim subsequent to binding cover, based on hardship to subsidise the excess amount up to a maximum of 80% of the applicable excess.

Next Steps:

If you would like an insurance quote, please follow the steps below:

Fill in the insurance application form (attached).

The application form is unfortunately a standard form for all organisations. Jobs Australia acknowledges that the form requires information that is not applicable to Men’s Sheds. As such, you may complete the below clauses only.

1.            Business Details

2.            Financials

  • Items not applicable should be filled in as N/A
  • Item h) should include all the Men’s Shed Members, including Committee Members

3.            Business Activities (1)

4.            State Split of Your Business Activities (2)

5.            Directors and Officers (3,4,5,6,7,8)

6.            Crime (9,10,11)

7.            Claims (22)

8.            Contents insurance (23)

  • Content insurance is included in the Blanket Cover Program. Cover will be provided based on the information supplied in section 23 on page 8 of the Blanket Cover Insurance application form, where you should declare the organisations content value and locations.

Building Insurance

Owned Building cover is issued separately to the Blanket Cover Insurance Program, directly through Marsh. If your organisation owns buildings, please complete section 24- 26 on page 9 and Marsh will be in contact, to provide a separate insurance quotation for the building.

Next steps

Please send the completed form to eferreira@ja.com.au and alex.saba@marshadvantage.com so a formal quote can be provided as soon as possible.

If the insurance quote is accepted, we can then complete the membership application. Organisations must be Members of Jobs Australia to access the insurance program.

In order to support your Members and expedite the process if you could send this email and the attachments to your Members, we would be most appreciative and then will do our best to get a quote back to them as soon as possible for consideration.

Any questions don’t hesitate to give me a call.

Kind Regards,

Alexander Saba+ | Senior Account Executive – Commercial, Consumer & Affinity

t: +61 3 9613 1412 | m: +61 436 809 551 |

e: alex.saba@marshadvantage.com | w: www.marsh.com

Tower 1, 727 Collins Street, Melbourne, VIC, 3000