Insurance for Village Halls – A necessary evil or vital protection?

Insuring your Village Hall or other Community Building against the unpredictable is vital. Misfortune or disaster can strike at any time, to any organisation and can range in size and impact. However, even the smallest organisation needs to be prepared. The best way of protecting your Community Building is to make sure that you have arranged appropriate and adequate insurance.

No surprises so far.

The commonly held belief is that you pay your insurance premiums year after year and when the day comes that you finally need to make a claim, what happens? You find that you can’t because of something hidden away in the small print!

If this sounds familiar to you then don’t worry because help is at hand.

Broadly speaking, the insurance requirements of a Village Hall are similar to those of many other types of charitable organisations. However, in insurance terms, charitable organisations are considered to be favourable risks i.e. the kind of business insurers want. There are an ever increasing number of insurance companies who specialise in the sector and whose aim is to make sure that you get the cover you need and, quite possibly, at a price that will surprise you. Many have designed insurance cover that caters specifically for the types of risk associated with Village Halls. Frequently these products are available on a ‘build your own’ basis, so can be tailored to each individual Village Hall.

All policies will include Employers’ Liability and Public Liability to protect both the organisation and its employees and volunteers in the event of an injury or property damage. They may also contain options to insure contents, buildings, money, goods in transit and many other things beside. The key is that this form of policy enables you to just insure the sections that are applicable to your Village Hall so you do not end up paying for cover that is not necessary.

Events cover

Insurance policies may also include automatic cover for events that you are arranging such as bonfires and firework displays, fetes, sponsored walks, barbecues and the like. It is important that you have the right cover in place when undertaking events such as these. However it is equally important that having done so, you follow the advice of your broker or insurer with regard to any special conditions that might apply. Again, by talking to the specialists you can be sure that they will help you through the insurance maze and may even convince you that arranging the right insurance is not the headache that you thought it to be.

 

Whilst care has been taken in the production of this article and the information contained within it has been obtained from sources that Aon UK Limited believes to be reliable, Aon UK Limited does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of the article or any part of it and can accept no liability for any loss incurred in any way whatsoever by any person who may rely on it. In any case any recipient shall be entirely responsible for the use to which it puts this article. This article has been compiled using information available to us up to 03.03.16M

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