Indemnity Policy for IFMA Elected Officials

The International Federation of Muaythai Amateur (IFMA) will, to the extent not covered by any existing insurance from whatever source, indemnify and provide a legal defence for any of its elected officials covered as to any and call claims, lawsuits, demands, liability and expenses which such elected officials may incur by reason of “covered acts” in the discharge of their duties, and in the space and course of their official duties. The indemnification and legal defence liability and financial limit will be determined on a case by case basis at the time of the accepting defence of the matter.

 

Definition

“Covered Acts” is defined as all acts and official duties, as stated within the IFMA Constitution, excluding any/and/or all proceedings brought under the Criminal Code or law of the jurisdiction concerned.

Such exclusion may be exempt only upon the express consent of the Executive Committee.

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