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Lifesavers may insure themselves

Surf Life Saving Australia (SLSA) is looking to self-insure because it says it cannot afford excessive public liability premiums. The non-profit association has been given an extra $1 million in funding from the Federal Government over the next three years but refuses to use that on insurance premiums.

Spokesman Sean O’Connell told Sunrise Exchange News: “When one of our partners allocates us funds we have to show them the kinds of activities and programs we’ll be using the money for. Insurance isn’t really a part of that.”

SLSA is trying to come up with a self-insurance scheme before its policy expires in October. “It’s just not viable to pay the kind of premiums we’ve been paying,” Mr O’Connell said.

“The sad thing is many sporting clubs and associations like us are also having to head offshore to gain cover for services that are so deeply implanted in the Australian culture.”

Last year SLSA organised several large fundraising events to pay its $1.5 million public liability premium.