Directors and officers of Athletics Australia and all affiliated bodies including State and Territory Associations and clubs

Note: There is no cover under this policy for directors and officers of Australian Ultra Runners Association, Australian Federation of Race Walking Clubs, Australian Masters Athletics Inc, Australian Mountain Runners Association, Australia Athletics Confederation and all affiliated bodies. Cover for these entities can be arranged by contacting Willis on 1300 WILLIS (i.e 1300 945 547).

QBE Insurance (Australia) Limited

From: 4.00pm 1st April 2007 to: 4.00pm 1st April 2008
Both Local Standard Time at the Insured's head office

$ 5,000,000 anyone claim, $10,000,000 in aggregate during the period of insurance

$5,000 each and every claim

Association Liability is essentially made up by 4 covers:

1. DIRECTORS & OFFICERS LIABILITY

Directors and Officers insurance is intended to provide cover for honest mistakes made by directors, secretaries and other officers concerned in the management of the affairs for the organisation. Indemnity is provided for loss as a result of a claim arising out of an insured director's "wrongful act".

Cover is for damages and legal costs incurred in defending an action brought against an insured director or officer. In addition, coverage is provided for legal costs incurred in the successful defence of criminal proceedings.

The definition of "wrongful act" includes any error, misstatement or misleading statement, act or omission or neglect or breach of duty of an insured director or officer in the conduct of his or her duties - in short, everything an insured individual does or fails to do.

2. PROFESSIONAL INDEMNITY

Liability arising from the breach of professional duty whether such duty is owed in contract or otherwise in respect of the Insured's legal liability arising from negligent acts, errors or omissions whenever or wherever committed or alleged to have been committed in connection with your organisation.

3. EMPLOYMENT PRACTICES LIABILITY

Employment Practices Liability insurance means any of the following practices directed against any employees, contract worker, temporary workers or any applicant for employment by the named insured:

1. Wrongful refusal to employ an applicant for employment
2. Wrongful failure to promote an employee
3. Wrongful demotion, negligent evaluation, negligent reassignment or disciplinary action.
4. Unlawful discrimination which may include discrimination
5. Sexual Harassment

4. FIDELITY GUARANTEE
(sub limited to $250,000)

Provides cover against any loss of money, negotiable instruments, bearer bonds or coupons, stamps, bank or currency notes belonging to the insured or for which the insured is legally liable, where such loss is sustained in consequence of any dishonest or fraudulent act or omission of any insured.

The indemnity provided under this policy shall extend to a wrongful act occurring anywhere in the world but shall not include any claim made in, or determined pursuant to the law of the USA or Canada.

The policy excludes the following;

• Outside directorships
• Trusteeships
• Bodily injury and property damage
• Fraud and dishonesty
• Prior or pending claims made, threatened or intimated against such insured prior to the period of cover
• Terrorism