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Home CCI > Insurance > Statutory Liability Insurance

Limit the damage of unintentional legislative breaches

Statutory Liability Insurance can protect your organisation and its individuals from penalties and fines for unintentional  breaches of legislation. 

If you're ordered by a regulatory body to pay a monetary penalty and/or legal expenses, this insurance can help cover your costs.

Cover for penalties imposed under:

  • Work Health and Safety legislation

  • Corporations Act 2001 (Cth) (some exceptions apply)

  • Australian Securities & Investments Commission Act 2001 (Cth)

  • Competition and Consumer Act 2010 (Cth)

  • Environment Protection legislation

Features:

  • Covers penalties and prosecution as well as defence legal costs

  • Up to $2 million cover

How does statutory liability insurance work?

Statutory Liability Insurance in action

A student drowns while swimming in a pool with classmates and teachers during a school camp. 

A WorkSafe investigation is launched to find out who or what was responsible.

Because the school has Statutory Liability Insurance, CCI appoints lawyers to represent the school and the teachers who were present when the student drowned.

WorkSafe finds no fault, no prosecution is made, and the legal costs, amounting to $175,000, are covered by CCI.

Need help to reduce your statutory liability risks?


CCI's Risksupport team is dedicated to helping you minimise risks. As a valued CCI client, we can help you create safe and secure workplaces, and protect your property and assets.

We've developed a range of Risksupport tools and resources to help you reduce the chances of accidents, injury or interruption to your valuable services.


Visit Risksupport Resources



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Disclaimer

© Catholic Church Insurance Limited (CCI) ABN 76 000 005 210, AFS Licence No. 235415, GPO Box 180 Melbourne 3001. All rights reserved. The information on this website is intended to provide a summary and general information only to clients of CCI. It does not constitute, and should not be relied on as advice or considered as a comprehensive coverage of the topics discussed. You should seek independent and professional advice that is tailored to your own circumstances. CCI will not take responsibility for any loss, damage or injury to any persons incurred by the use of content contained on this website.