YGNZ administers an Insurance Excess Scheme to help reduce the amount of financial liability a member of the Scheme has in the event of a claim being made at a YGNZ-sanctioned flying event. The Scheme is available to those YGNZ pilots who have paid into the Scheme for the time period that covers the flying event.
In a nutshell
All gliders operated by YGNZ at a YGNZ-sanctioned flying event will be subject to an insurance excess to be paid by the pilot in command in the event of something being damaged. The excess will vary depending on who owns the glider. Typically it will be in the order of $2,000 but may be as much as $5,000.