ACADA Members' Discounted Cake Decorators Insurance
We are thrilled to announce we have worked with Cerberos Brokers to secure an excellent Public & Products insurance policy designed to protect ACADA Members who are sole operators, operating a home based cake decorating business. The overall cover is $20,000,000 any one claim for Public Liability and $20,000,000 any one claim & in the aggregate for Products Liability for each individual member. What does it cost? The cover provided is for $20,000,000. The cost is an annual amount of $50 (inclusive of all fees and charges). Why is the cost lower than offered elsewhere? We have negotiated a group discount for members, further discounted because we are a not for profit association. We do not benefit from providing our members with insurance. It's one of the many services and benefits we provide you. Eligibility
If you aren't a sole trader operating a home based business, exceed the revenue limit or are unclear about whether your activities are covered, please click here to contact ACADA's Insurance Broker Cerberos Brokers for an alternate quote |
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What Activities does this policy cover?
What Activities ARE NOT covered?
What is the insured period?
Your insurance coverage commences as soon as Cerberos Brokers provide you with your certificate of currency. Please note all ACADA members insurance policies fall due for renewal on 6th March every year, regardless of your joining date. You can cancel your insurance at any time prior to the renewal date by emailing acadasecretary@gmail.com
Is this a Master Policy and what does that mean?
This is a Master Policy, which means your insurance will fall under the umbrella of Australian Cake Artists & Decorator's Master Policy. Please be aware master policies can be different. Please note similar liability insurance coverage being offered elsewhere within the industry do not offer Products coverage for any one claim and those insured share an aggregate limit, rather than having individual full coverage. Please be wary about this as it means the coverage is shared.
copy of the wording and schedule is available upon request.
ACADA'S POLICY IS DIFFERENT. The liability indemnity limit IS NOT SHARED COVER. It applies to any one claim made by you as an individual (not all members). Please note although ACADA is the policy holder, each member is individually insured with individual indemnity limits of $20,000,000 any one claim for Public Liability and $20,000,000 any one claim and in the aggregate for Products Liability. You will be issued a certificate of currency in your name
What is Public Liability Insurance?
Public liability protects you if you are found liable for losses or damage suffered by a third party as a result of negligence, subject to the policy terms and conditions. This can include death or injury, loss or damage to property.
What is Product liability Insurance?
If you provide goods and services to your customers it is important to have protection against claims for damage, injury or death caused by products or services sold or supplied through your business, subject to the policy terms and conditions. This covers you for goods you make, sell or deliver.
When will my coverage commence?
As soon as you are issued with your certificate of currency from Cerberos Brokers. This should be a few days after submitting your application
Is there an excess applicable when making a claim?
Yes there is an excess payment applicable when making a claim. It's $1000 each and every claim.
Please note ACADA are the master policyholder only. ACADA does not and cannot provide any advice or recommendations as to members individual insurance needs. Most queries can be answered from viewing the Fact Sheet provided by Cerberos Brokers. If the fact sheet doesn't answer your query then please contact Cerberos Brokers directly.
- Home based part time decorating business baking cakes or similar baked or sweet items
- Classes for up to 5 attendees conducted at your home
- Up to 12 fetes/markets/wedding expos per year and all other associated activities.
- Clients collecting cakes and baked goods from your home.
What Activities ARE NOT covered?
- Any cooking classes involving use of ovens, gas burners or the like
- Any classes involving the teaching of minors (anyone under 18)
- Any sales from shops or wholesaling to shops, cafe's or restaurants
- The hiring of halls or commercial premises to conduct classes.
What is the insured period?
Your insurance coverage commences as soon as Cerberos Brokers provide you with your certificate of currency. Please note all ACADA members insurance policies fall due for renewal on 6th March every year, regardless of your joining date. You can cancel your insurance at any time prior to the renewal date by emailing acadasecretary@gmail.com
Is this a Master Policy and what does that mean?
This is a Master Policy, which means your insurance will fall under the umbrella of Australian Cake Artists & Decorator's Master Policy. Please be aware master policies can be different. Please note similar liability insurance coverage being offered elsewhere within the industry do not offer Products coverage for any one claim and those insured share an aggregate limit, rather than having individual full coverage. Please be wary about this as it means the coverage is shared.
copy of the wording and schedule is available upon request.
ACADA'S POLICY IS DIFFERENT. The liability indemnity limit IS NOT SHARED COVER. It applies to any one claim made by you as an individual (not all members). Please note although ACADA is the policy holder, each member is individually insured with individual indemnity limits of $20,000,000 any one claim for Public Liability and $20,000,000 any one claim and in the aggregate for Products Liability. You will be issued a certificate of currency in your name
What is Public Liability Insurance?
Public liability protects you if you are found liable for losses or damage suffered by a third party as a result of negligence, subject to the policy terms and conditions. This can include death or injury, loss or damage to property.
What is Product liability Insurance?
If you provide goods and services to your customers it is important to have protection against claims for damage, injury or death caused by products or services sold or supplied through your business, subject to the policy terms and conditions. This covers you for goods you make, sell or deliver.
When will my coverage commence?
As soon as you are issued with your certificate of currency from Cerberos Brokers. This should be a few days after submitting your application
Is there an excess applicable when making a claim?
Yes there is an excess payment applicable when making a claim. It's $1000 each and every claim.
Please note ACADA are the master policyholder only. ACADA does not and cannot provide any advice or recommendations as to members individual insurance needs. Most queries can be answered from viewing the Fact Sheet provided by Cerberos Brokers. If the fact sheet doesn't answer your query then please contact Cerberos Brokers directly.