Despite the deadline for renewal of mandatory lotteries professional indemnity insurance having expired on 30 June, there still appears to be a number of Newsagents with lotteries outlets across NSW and the ACT who have not obtained appropriate insurance coverage.
Newspack Insurance has maintained coverage for late renewals, but the time has come to terminate any lotteries mandatory insurance policy which has not been renewed. If you have been insured with Newspack Insurance in the past and you have not renewed your mandatory lotteries professional indemnity insurance for 2020/2021, the policy will be terminated today.
Newspack Insurance has sent reminders and final notices to all Newsagents that have failed to renew.
Tabcorp/NSW Lotteries is likely to take compliance action against any outlet in NSW and the ACT that cannot produce a certificate of currency for mandatory lotteries insurance. Newspack Insurance automatically sends a certificate of currency to Tabcorp/NSW Lotteries when Newsagents renew or establish their mandatory lotteries professional indemnity insurance for the first time.
Any NANA Member or Newsagent generally across NSW and the ACT that requires mandatory lotteries insurance should contact Tania at Newspack Insurance today on 1300 907 583.
