Year 2009/2010 insurance program
Special Olympics Australia has chosen the following cover with OAMPS Insurance Brokers:
- Tragedy cover up to $75,000
- Legal liability up to $20 million
- Professional indemnity up to $5 million
- Medical cover up to $2,500
- Loss of income benefits up to $500 per week up to 52 weeks
Medicare pays all eligible costs. Special Olympics Australia's policy then covers such expenses as private hospital accommodation, ambulance, physiotherapy and dental fees up to $2,500 in total for each medical claim.
The level of cover under the program is not 'comprehensive' and, as such, we encourage all participants to review their own individual needs. Where appropriate, we advise participants to take out private health, life and income protection insurance. It is an individual’s responsibility to ensure that he/she has adequate insurance cover for his/her needs.
Please refer to the capital benefits detail schedule in the download box at right.
Coverage detail:
Medical
85% of non-Medicare expenses up to $2,500. Government legislative and legal conditions prevent your insurer from paying Medicare gaps. Under the policy you can claim physiotherapy, private hospital accommodation, ambulance and dental fees. Physiotherapy benefits payable at reimbursement rate of 85%. There is an excess of $50 if no private health cover.
Legal liability
Limit of indemnity is $20,000,000. Provides protection for the organisation, first aid officials, coaches, players and others officially involved with the club. Excess nil.
Professional indemnity
Limit of indemnity $5,000,000 - cover applies to coaches, umpires, officials, administrators and team managers.
Loss of income
If you're a wage earner, temporary total disablement of $500 per week or 100% of your weekly wage, whichever is the lesser amount. Payable up to a maximum of 52 weeks. There is a waiting period excess of 7 days.
Student assistance/Home help benefits
Pays up to $500 per week is payable up to a maximum of 52 weeks for costs incurred for tutoring or continuation of education and home duties. Waiting period excess is 7 days.