OzVMX Forum

Clubroom => General Discussion => Topic started by: lama on March 13, 2014, 05:58:02 pm

Title: Insurance
Post by: lama on March 13, 2014, 05:58:02 pm
Ok the minister of finance has become the minister of war and keeps on at me to get insurance in case of a off on the wasp where can I get it I have all other insurance but not for racing  :) thanks fellas
Title: Re: Insurance
Post by: mick25 on March 13, 2014, 06:01:25 pm
I don't think anyone will cover you for racing , classed as high risk sport
It was talked on here a while back , good luck or say you broke your leg at work ;D
Title: Re: Insurance
Post by: Davey Crocket on March 13, 2014, 06:32:51 pm
This guy will do it through MLC Insurance......Alex   0412 253 448. He's in Brisbane, tell him I sent you.
Title: Re: Insurance
Post by: SlideRulz on March 13, 2014, 07:48:16 pm
A good investment if you can still get it, mine only just managed to help me get through 4 months off work a couple of years ago but the shit woulda hit the fan big time if I hadn't have had it.
I'm interested to hear how you get on Lama.
Title: Re: Insurance
Post by: bazza on March 13, 2014, 08:39:21 pm
Live in Unzud its free in your general tax take= all  medical and 80% of your wage, boss pays 100% of first week
Title: Re: Insurance
Post by: mick25 on March 13, 2014, 08:42:08 pm
Live in Unzud its free in your general tax take= all  medical and 80% of your wage, boss pays 100% of first week

Is that under ACC bazza
Title: Re: Insurance
Post by: bazza on March 17, 2014, 02:14:42 pm
Yes Mick
Title: Re: Insurance
Post by: pancho on March 17, 2014, 04:28:42 pm
 The old Combined Insrance Company of America looked after me really well with three months full pay back in 1963. (broken scafoid per Arcadia). Are the still around?
 Other than that what exclusions are on "Income Insurance"?
pancho.
Title: Re: Insurance
Post by: Andrew L on March 17, 2014, 04:41:09 pm
If you lived in Victoria and raced a bike that also had a red plate I wonder if TAC would cover it I would think they would have to.
Title: Re: Insurance
Post by: marshallmech on March 17, 2014, 05:44:41 pm
TAC will cover you if rec reg and license for anything other than racing even if its just a club day practice but no go for actually racing .
Title: Re: Insurance
Post by: Nathan S on March 17, 2014, 08:43:05 pm
Combined is the only name that seems to come up regularly.

Live in Unzud its free in your general tax take= all  medical and 80% of your wage, boss pays 100% of first week

The way it should be.
Title: Re: Insurance
Post by: kim80y on March 17, 2014, 08:46:53 pm
Combined were covering Dave the Suzuki stunt rider that competes at Connondale, They had reps there 3 years ago, not sure if they are still around though, they were not too good at following up from leads at the that meet, am still waiting for the call back from the rep that didn't turn up to my sign up appointment.

Would be good though, as it was pretty good value from memory.

Cheers
Kim 8) ;D
Title: Re: Insurance
Post by: mustanggrahame on March 17, 2014, 09:02:09 pm
Combined don't cover racing any more. Not even a non competitive club event.
Title: Re: Insurance
Post by: popeye on March 18, 2014, 05:42:26 am
I'm with combined, and they've been doing it for a long time, it's a shame if they have dropped it, the amount we pay MA, there insurance should cover us for some sort of benefit other than Parellasis and death thieving barstards.....
Title: Re: Insurance
Post by: PEZBerq on March 18, 2014, 08:35:51 am
Racing dirt bikes with old bodies .....what could possibly go wrong  ::) If I ran an insurance company I
wouldn't insure myself. It's the same with insuring the bikes we ride.

The premiums are based on the likelihood of a claim and the benefit pay out. It is too small a market for the insurance companies to bother competing over so they have pulled out. Sometimes we just have to manage the risk ourselves - accept it and don't give a toss, race less frequently, don't race but go non competitive riding, give up and sit on the couch....
Title: Re: Insurance
Post by: Davey Crocket on March 18, 2014, 10:07:12 am
Read my post above, they are the only ones you can get now, it's not cheap but they pay, I have been off work for 10 months now and get my cheque every month, they will pay until you reach the age of retirement or you are 100% fixed up.....combined STOP paying after 9 months [it's in there small print.....cunning bastards].
Title: Re: Insurance
Post by: pancho on March 18, 2014, 11:04:46 am
The old way CICof A covered ther risk was that would only cover groups, for example they would go to a work place, insure a minimum No. of people which may contain1 or 2 customers who 'played football, raced motorcycles or flew light planes' or stuff like that. If they couldn't sign up enough in the group to spread the risk , they wouldn't take on a small group.
pancho.