Hey Peeps,
Tha AKSA and WAKSA do not accept IKO insurance for you to enter events in Australia. There is nothing wrong with the policy, in fact it is much more comprehensive however they need the members. So support your WAKSA and take the IKO insurance if you want personal cover as well or if you travel with your kiting gear, it makes sense to take out IKO coverage.
Booman, for you, you must find an IKO instructor and then take the insurance test. You stand on one leg, eyes closed with extened arms and touch your nose with the tip of your index finger, whilst he dips into your pocket removes your wallet and takes a weeks pay from you for his inconvenience.

Then you must say the alphabet backwards whilst patting your head and simultaneously rubbing your stomach in anti-clockwise circles whilst he replaces your empty wallet.
For everyone else, you can ask any reasonable IKO instructor to quickly certify your riding ability and give you a card which will probably cost you bugger all if anything. Then there you go.
It is simple and easy to get, you just can't cut corners on safety.
Good winds,