ABYA Membership Payment Form

Membership Payment Form

for annual subscription renewals, upgrades and new applications
Contact Details

Please enter your name and contact details so we can contact you if there is a problem with the payment.
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Professional Indemnity Insurance

As per the Articles of Association, you are required to hold Professional Indemnity Insurance as outlined in the below extract from the articles.
26 Indemnity Policies

26.1 All Members (except Retired Members) must hold an Appropriate Indemnity Policy at all times.

26.2 An Appropriate Indemnity Policy in the case of any Member is one that fulfils the following:

26.2.1 It is taken out with Lloyds or with any reputable insurance company and provides cover against claims against that Member arising out of their carrying on any Qualifying Activity in respect of which they are a Member. That the minimum amount of Professional Indemnity Insurance be £100,000 for "each and every claim" policies or, alternatively, £250,000 for the aggregate type of policy. Either type to be increased as necessary to be commensurate with work undertaken.

26.2.2 The total cover for claims made in any one year shall not be less than the minimum amount of cover mentioned above and the amount of cover in respect of any one claim shall not be less than such minimum amount of cover.

26.2.3 It does not provide for the Member to bear more than 5% of the total amount covered in respect of claims made in any one year.

26.2.4 It is either in the name of the Member concerned or is one taken out by a Company or person by which they are for the time being employed by or on behalf of a group of companies by one or more of which they are for the time being employed.

26.3 The minimum amount hereinbefore referred to shall be such amount as may be respectively determined by the incorporated bodies from time to time but the Company in General Meeting may at any time fix some other sum as the said minimum amount provided that such increase shall only take effect at the expiration of one month after the passing of such resolution unless the General Meeting resolving on such increase shall resolve that such increase shall only come into effect on some later date.

26.4 Whenever a Member ceases to be covered by an Appropriate Indemnity Policy they shall forthwith notify the Committee.
If you are completing this form for yourself, you are declaring that you hold an Appropriate Indemnity Policy which fulfils the above requirement.

If you are completeing this form on behalf of someone else, you must have the authority to act and declare on behalf of the member/applicant concerned.

If you are completing this form on behalf of multiple members/applicants, such as when a company is paying in accordance with the Multiple Broker Company Scheme, you are declaring that all members/applicants concerned have an Appropriate Indemnity Policy which fulfils the above requirement.

Any declaration made, even by another party acting on behalf of a member/applicant, will be held on trust. If it is discovered the member(s) concerned do not have an Appropriate Indemnity Policy, their membership will be ceased.
Please tick to confirm PI as outlined above:*

I confirm those named on the invoice hold an Appropriate Indemnity Policy which fulfils the above requirement.I do not have the authority to to declare the member(s)/applicant(s) hold Appropriate Indemnity Policy and they will declare this themselves separately.
Membership Cards

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Invoice Details

If anything is not correct on your invoice, please let us know by email ASAP for a corrected invoice to be sent. If you are paying multiple membership invoices, please tell us all invoice numbers.
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GBPABYA Membership Fees
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The Yacht Brokers, Designers & Surveyors Association
Tel: +44 (0) 1730 266430
Email: membership@abya.co.uk
Web: https://abya.co.uk/membership/

Privacy and refund policies can be found at https://abya.co.uk/about-us/privacy-policy/

A Company Limited by Guarantee. YBDSA (Holdings) Ltd | Registered in England & Wales at The Glass Works, Penns Road, Petersfield, Hants GU32 2EW | Registration No. 2115348 | VAT Registration No. GB 615 4920 47

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Membership Payment Form

Contact Details

Professional Indemnity Insurance

Membership Cards

Invoice Details