Coaches, it’s coming to that time of year again… coach licence renewals.
As you are all aware, your licences have to be renewed on the 1st March every year. To relicense you are required to have a current DBS (or PVG for those in Scotland), valid First Aid and Child Protection certificates, and have attended the Coaching Conference within the past 3 years.
The prices for membership and licence fee will stay the same as last year. However, the insurance company have advised us to increase the liability cover from £5m to £10m – £15m to help protect you better from any claims. Please see the statement below from Perkin Slade regarding why the it will be increased.
On 20 March 2017, the Discount Rate, set by the Lord Chancellor, was reduced from 2.5% to -0.75%. This rate is used to calculate the amount by which compensation payments for long-term catastrophic injuries are discounted to allow for income from investments over the period the award is intended to cover. This change, reflective of the belief, based on government bond returns, that income from investments will be negative in future years, means that the amount payable for a claim where there is long-term injury will increase significantly.
The attached sheet, produced by Zurich Insurance, provides an easy guide to the potential impact this could have on compensation awards for catastrophic injuries, which could increase many-fold.
Currently, NISA coaches carry a Public Liability cover of £5m. Previously this could have been considered adequate but as the attached sheet shows, the likelihood of a single claim for injury resulting in permanent disability exceeding £5m, or even £10m, is now much greater. Given that NISA activities carry a relatively high risk of a catastrophic injury (spinal injury, traumatic brain injury) we recommend that NISA gives consideration to increasing the limit of indemnity for its coaches to ensure they are adequately protected.
Unfortunately, due to these changes we will not be able to get the price guide for insurance until mid-January. Once we have received this I will contact you to inform you of the pricing for 2018-19 relicensing. However, I wanted to get the ball rolling so that everyone has time to update the bits they need to update before the 1st March. Please find the relicensing letter attached which will take you through the different steps such as DBS and PVG, eligibility forms, which safeguarding and First Aid courses you are able to do and how to pay. Once the prices for the insurance come through I will be in contact.
We are introducing some changes this year so please read through the letter carefully as well as the key highlights below.
If you have any questions please feel free to email firstname.lastname@example.org and we will get back to you as soon as possible.
Find the licence reminder for full information HERE.
Please see the ZURICH Excess Layers Claims Guide HERE.