Public Liability Cover

Our Model Railway Clubroom Insurance policy automatically includes Public Liability cover up to the standard Limit of Indemnity is £2,000,000 in respect of any one incident or a series of claims arising out of a single event and has an option to increase the Limit of Indemnity to £5,000,000 if required, e.g. it may be a condition under any lease agreement particularly in respect of Local Authority premises, that a £5,000,000 Limit of Indemnity is required.

Example:

Public Liability provides cover for all sums which the insured shall become legally liable to pay as costs, expenses or damages in respect of a negligent act that leads to the:

1. Accidental death of or bodily injury to any person
2. Accidental loss or damage to property happening in connection with the Exhibition and occurring within the UK during the Period of Insurance.

The Public Liability section extends to cover liability directly or indirectly arising:

• to and of members of the organising club or society
• to and of invited clubs and their members
• to and of invited individuals
• from food and/or beverage supplied by the insured
• for external direction and advertising signs erected by the organising society
• from explosion of steam boilers of model locomotives not exceeding gauge 1
• for loss of or damage to property in custody or control of insured except where otherwise stated e.g. tenant's legal liability at Common Law to the owners of the buildings is included subject to £100 excess
• from ownership, possession or use by or on behalf of the insured, of any passenger carrying miniature railway covered by this insurance, subject to prior notification and written confirmation from Magnet Insurance Services.

Main General exceptions are:

1. Liability directly or indirectly arising from any agreement to indemnify or contract entered into by the insured and which liability the insured would not have been under but for such agreement or contract. It may be possible to waive this after consideration of the contract by the insurers’ subject in most cases to a small additional premium.
2. Explosion of steam boilers of all locomotives large than Gauge 1.

For remaining exceptions see Policy.