Insurance for incorporated associations

The Associations Incorporation Act 2009 (the Act) does not require any specific type of insurance for incorporated associations.

An incorporated association must comply with relevant State and Commonwealth laws. It may need to hold insurance under other applicable legislation. An incorporated association with employees may be required to hold workers' compensation insurance.

You may wish to seek independent professional advice on what insurance your incorporated association may need.

Determining if your incorporated association needs insurance and what type you will need

As part of their corporate governance obligations, committee members are responsible for:

• assessing the risks applicable to the activities of the incorporated association, and
• determining if insurance is required and, if so, the type and level of cover.

Several insurance policies may be appropriate. For example:

• public liability insurance
• directors' and officers' liability insurance
• associations liability insurance
• personal accident insurance
• occupational health and safety cover
• workers compensation insurance
• property and/or contents insurance
• fidelity insurance
• building insurance
• travel insurance.

Getting insurance for your incorporated association

Some insurance companies have suitable insurance products for community organisations.

The Council of Social Service NSW (NCOSS) runs 'bulk buying' insurance programs. They help non-profits find their insurance and risk management needs. For more information visit NCOSS.

More information on insurance requirements for incorporated associations in sport is available at the Sport and Recreation website.

The NSW Sporting Injuries Insurance Scheme is a State Government initiative that provides low-cost insurance for those seriously injured while participating in a sport.

The Scheme is open for membership to all sporting organisations operating in NSW.