With the 'Insurance subsidy', LOKO wants to encourage all associations in Leuven to adopt a non-profit (vzw) structure by financially intervening in this aspect of the fixed costs of a non-profit structure.
In the first place, the director’s liability insurance of recognised associations is subsidised.
DATA SUBSIDY COMMISSIONS: October 4, October 17, October 31, November 21, December 5, December 19.
The deadline for applying for the insurance subsidy is May 1st for 'kringen' and recognized associations who were recognized either in the first or second semester.
Is your association eligible for an insurance subsidy?
To qualify for this subsidy, the association must be recognised by LOKO and adopt the form of a non-profit organisation.
In the first place, LOKO subsidizes a director’s liability insurance ('bestuurdersaansprakelijkheidsverzekering'). If your association does not have this insurance, you will sadly not qualify for the insurance subsidy. The civil liability insurance and other insurance policies of the association may, however, supplement the amount of a director's liability insurance up to a ceiling of €300.
Attention: The reimbursement of the directors' liability insurance forkring umbrella bodies ('kringkoepels') may exceed the limit of €300. Consult the subsidy regulations for the concrete scheme.
How can you apply for an insurance subsidy?
The application is submitted annually by forwarding the evidence to firstname.lastname@example.org or submitting it via the tool on the website (temporarily unavailable).
To apply for an insurance subsidy, your association must prove that it has actually concluded the insurance. Therefore, we ask you to submit a copy of the paid-up insurance policy or proof of payment of the insurance policy, which is no more than 365 days old on May 1st of the academic year in which the application is submitted. This should be submitted as evidence by May 1st at the latest.
*An official receipt of payment. You can download one via your online banking. A screenshot of your mobile banking app, a payment order or a letter is not valid.
! Attention: at the moment our subsidy tool is not working (yet). For the time being, applications may be forwarded by e-mail to email@example.com.