Cake & Cookie Decorators Insurance
Comprehensive Coverage at a Discount Price
We are thrilled to announce we have worked with Cerberos Brokers to secure an excellent highly discounted Public Liability & Product Liability insurance policy designed to protect ACADA Members across all income levels. We are able to secure insurance at this highly discounted rate due as we are an incorporated not for profit membership association. If you aren't an ACADA member unfortunately we're not able to offer you ACADA members insurance. However membership is open to everyone with an interest in cake or cookie decorating. You are most welcome to join.
Annual Membership commences at $78 per year.
Members have access to a wide range of resources and benefits, including 10% discount with
ACADA's many retail partners, access to excellent training and business resources.
Annual Membership commences at $78 per year.
Members have access to a wide range of resources and benefits, including 10% discount with
ACADA's many retail partners, access to excellent training and business resources.
ACADA MEMBERS' INSURANCE THERE ARE THREE LEVELS OF COVERAGE BASED ON YOUR INCOME LEVEL This policy is designed specifically for home based Cake & Cookie Decorators, Bakers & Sweet Makers. WHAT'S COVERED? |
BAND 1 Income Up to $20,000 COST $50 p.y. (Including GST & Stamp Duty) |
BAND 2 Income $20,001-$50,000 COST $140 p.y. (Including GST & Stamp Duty) |
BAND 3 Income $50,001-$100,000 (Including GST & Stamp Duty) |
Public Liability Coverage Product Liability Coverage |
$20 million $20 million |
$20 million $20 million |
$20 million $20 million |
*Public Liability coverage offered by many other cake networks is shared by all members. If a member makes a claim the available coverage is reduced for other members. Is ACADA's public liability coverage shared? |
No Every individual is covered for the full $20m coverage |
No Every individual is covered for the full $20m coverage |
No Every individual is covered for the full $20m coverage |
Is my name or my business name on the Certificate of Coverage (COC) or only in ACADA's name |
You and your business (if you have one) are named on the COC |
You and your business (if you have one) are named on the COC |
You and your business (if you have one) are named on the COC |
Are all home based baking & decorating activities including (cakes, cookies, sweets, desserts and chocolates) and setting up at weddings or events covered |
Yes |
Yes |
Yes |
Attending Wedding Expos / Bridal Fairs/ Fetes/Markets (and all other associated activities) |
Yes (12 per year) |
Yes (26 per year) |
Yes (26 per year) |
Does it cover clients collecting cakes or products from my home |
Yes |
Yes |
Yes |
Does it cover teaching classes |
Yes (On average up to 5 Adults) |
Yes (On average up to 5 Adults) |
(Yes On average up to 5 Adults) |
Does this policy cover individuals only or does it cover partnerships |
Both |
Both |
Both |
Is a food handling license required |
No |
No |
No |
Do you need an Australian Business Number (ABN) |
Cover is with or without an ABN |
Cover is with or without an ABN |
Cover is with or without an ABN |
Is there a claim excess payable |
Yes - $1,000 |
Yes - $1,000 |
Yes - $1,000 |
Who is covered |
ACADA Members who are sole traders or in a partnership |
ACADA Members who are sole traders or in a partnership |
ACADA Members who are sole traders or in a partnership |
How much am I covered for? The insurance coverage is the same for all bands. The insured amount is $20,000,000 any one claim for Public Liability and $20,000,000 any one claim & in the aggregate for Products Liability. What band of should I choose? Band 1 Covers: HOME BASED HOBBY BAKERS & DECORATORS WITH A GROSS INCOME OF $20K OR LESS. (This level of coverage is the most popular. Most small part time home based decorating businesses fall within this income level.) Cost : $50 per year inclusive of all costs Band 2 Covers: HOME BASED BAKERS & DECORATORS WITH A GROSS INCOME OF BETWEEN $20,001 - $50,000 Cost: $140 per year inclusive of all costs Band 3 Covers: HOME BASED BAKERS & DECORATORS WITH A GROSS INCOME OF BETWEEN $50,001 - $100,000 Cost $180 per year inclusive of all costs Why is does Band 2 and 3 more expensive: We have negotiated the lowest possible premiums for our members across all income levels, while trying to maximise benefits and reduce your risk exposure. Band 2 and 3 retrospectively sell a higher volume of products, therefore their insurance needs are greater, as is the risk to the underwriter. greater. 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 are incorporated (have a registered company) or your activities are not covered, contact ACADA's Insurance Broker Cerberos Brokers for an alternate quote |
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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. You will be emailed your certificate of currency direct from Cerberos Brokers within 7 Days of submitting your application. If you require it urgently please contact ACADA's secretary Mary Pisani via email through this link.
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.