Insurance Solutions for Childcare Centres
Howden has partnered with Early Learning Solutions to develop a unique offering for individuals and organisations that provide early childhood education, care or related services.
Coverage Offering
Designed to support trust members, this trust backed by HDI Global SE offers comprehensive Industrial Special Risks coverage, great value and a hassle-free quoting and renewal process.
Discretionary Trust
A discretionary trust is a trust where members continue to the fund that is managed by a trustee (Alternative Risk Management Services Pty Ltd). The fund exists to cover claims made under the trust, purchase insurance and cover the costs of establishing and maintaining the trust. Plus, when claims arise, the insurance provides an extra layer of protection for peace of mind!
How the Trust works
Everyday claims are paid by the Trust, funded by a portion of your contributions:
- if you are a member of the trust, you can make a claim for any event under the trust;
- larger claims will be referred to the trusts insurer, HDI Global SE; and
- any surplus in the trust fund will be disbursed for the benefit of the majority of members.
Industrial Special Risks Policy (Property Insurance) Policy Highlights:
- cover for Fire & Perils, Water Damage & Flood;
- cover for Machinery Breakdown & Spoilage of Stock;
- cover for Accidental Damage, Malicious Damage & Theft; and
- cover for Business Interruption.
The structure of the program supports the industry by re-investing savings to offset against rising insurance costs.
Insurance
What are The Benefits?
- A dedicated claims team for members;
- No obligation insurance review and quote;
- A simple insurance quote and renewal process;
- Claims that may not be covered under the Insurance Policy wording of the Insurance Cover may be paid by the Trustee;
- Single point of contact for expert advice; and
- Cover for the unique risks of running a childcare centre.
Independent to the cover under the Trust, we can assist you with obtaining cover for the following area
- Combined Public & Products Liability, Professional Indemnity and Personal Accident Insurance
- That includes sexual molestation cover and all additional limits of insurance required to be compliant with the Childcare National Law & Regulations
- $20,000,000 limit issued on an occurrence basis of indemnity for Public & Products Liability and Professional Indemnity Insurance
- Broadform policy wording
- Personal Accident cover for children and volunteers
- Management Liability Insurance
- Workers' Compensation
- Commercial Property Owners Insurance
- Cyber Liability Insurance
- Commercial Motor Insurance
Real Results from Real Centres Like Yours
Our proven solutions deliver real results - read how our services have transformed these centres, and see what we can do for you.
Let’s Chat More
Join a network of peers and benefit from tested service offerings that help childcare centres like yours thrive. Whether you have specific questions, need advice, or are ready to explore how we can work together, we’d love to hear from you!