Under the SLIS, coverage for PSA liabilities is provided to OOHC and youth homelessness service providers within the following key parameters:
- Participation by service providers is optional
- Cover limited to DCJ contracted OOHC and youth homelessness services
- Claims-occurrence cover to provide indefinite cover for PSA incidents that occur during the specified insurance period
- Claims-made retroactive cover from 30 June 2007 is offered to service providers who do not have insurance cover for historical PSA risks
- Annual limit of liability is $10 million per claim and in the aggregate
- Service providers will pay a deductible for every claim. The deductible will be $10,000 per claim for service providers with total DCJ OOHC and youth homelessness annual funding less than $20 million and $50,000 for all other service providers.
- Service providers will pay a risk-based annual premium that will offset the cost of providing cover
Further information about the SLIS, including policy wording, is available on icare’s Special Liability Insurance Scheme website.