I am led to believe most clubs/associations are/should be companies limited by guarantee and therefore do not have shareholders/therefore cannot make profits. But apparently the members can turn up to the AGM!! (4000 people in someone's living room) - is this true??? ! (Would the alternative be a partnership - if so... err would/must the members therefore be classed as partners sharing any liability???).
This thread has so many questions and very few answers. Surely within this forum there must be someone with the professional knowledge to answer the questions.
We all need insurance and if an organisation is prepared to stand up and say "this is the cover, this is what you get, this is the cost and we'll make a truck load out of it" so be it; I'm happy to cough up to an entity who confirms to me where I/they stand and more importantly where I/they stand in the event of a claim.
Just some thoughts - great shame that the answers aren't here.
If they are and I've missed something please do point me in the right direction!