Guest Posted April 7, 2005 Share Posted April 7, 2005 I'm currently working my way through our PLA Insurance renewal and am pondering the wisdom of paying an additional premium (£46 ish for £10k cover) for Loss of Revenue insurance. We are a sessional group and 90% of our income is from NEG. Do I really need this additional cover? EYDCP no help as they are all on holiday! Does anyone have a crystal ball I can borrow? We've had a spate of bad vandalism recently but things are now better... if we were to close for a week or two due to fire/theft etc would an EYDCP expect us to pay back NEG? I searched through our NEG Terms & Conditions but found nothing either. Help! Quote Link to comment Share on other sites More sharing options...
Rea Posted April 7, 2005 Share Posted April 7, 2005 Our committee have just taken this out. The chair is very paranoid about all aspects of the playgroup and crosses every T and dots every i. She says it will cover our wages should the hall become unusable. I dont know about having to pay back any NEG though. Quote Link to comment Share on other sites More sharing options...
hali Posted April 7, 2005 Share Posted April 7, 2005 same here .. we have that insurance butdont know about thr NEGs....somthing new to think about Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.