anju Posted July 21, 2009 Share Posted July 21, 2009 (edited) what if the setting went backrupt or a parent sued for some reason - would the management committee members all be individually liable? can they take out insurance to cover for this? or is this where registering as a charity would protect them? thanks, A Edited July 21, 2009 by anju Link to comment Share on other sites More sharing options...
Shiny Posted July 21, 2009 Share Posted July 21, 2009 What is your setting classed as? Do you run to a constitution? I think we are covered by PSLA insurance, but I am not sure!! Link to comment Share on other sites More sharing options...
Cait Posted July 21, 2009 Share Posted July 21, 2009 You can take out insurance public and professional indemnity. Royal and Sun Alliance offer it through the PSLA, as do lots of other companies Link to comment Share on other sites More sharing options...
Guest Posted July 22, 2009 Share Posted July 22, 2009 Hi, if you're a PVI committee run setting, then I don't understand why you're not also a registered charity. Are you sure that's not the case? We had this issue a while back and took out the additional insurance to reassure committee members that they weren't giving of their time and then going to get sued for the pleasure! Link to comment Share on other sites More sharing options...
lynned55 Posted July 22, 2009 Share Posted July 22, 2009 (edited) Yes all committee members (at that time) are legally liable. If it was something that happened four years ago then each named member of the committee AT THAT TIME would be liablle. as part of our insurance we have Trstees & Officers protection. I think - esp in this day & age- it's an absolute must. Edited July 22, 2009 by lynned55 Link to comment Share on other sites More sharing options...
anju Posted July 22, 2009 Author Share Posted July 22, 2009 thanks for the replies. i am sure we should be a registered charity as we have an income (mostly from nursery funding) of far more than £5000 per annum. but we are not registered as a charity - the committee members do not think it is necessary so it hasn't been done. i have told them i'm sure it is compulsory... perhaps I will suggest they look into additional insurance - we have public liability but not sure exactly what it covers. Link to comment Share on other sites More sharing options...
Guest Posted July 22, 2009 Share Posted July 22, 2009 I would phone the PSLA helpline if I were you, they are very helpful and should be able to answer your concerns (and would know about the charity thing too). Although we are members, they didn't ask me for any details so I'm sure they would answer general queries if you're not a member. Here's the number: 020 7697 2500 If you do fund raising for your setting, I'm sure you'd need to be a charity wouldn't you? Link to comment Share on other sites More sharing options...
Possum Posted July 22, 2009 Share Posted July 22, 2009 We only changed status to a charity to access grants, as without it we were being classed as a business Link to comment Share on other sites More sharing options...
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