Utilities Management Business Rules | Zinfra Jemena | Company | Insurances

• Certificate of Insurance” or "Confirmation of Insurance” or “Certificate of Currency” showing:
• Name of insurer
• Policy Number
• Expiry date
• Business Name and ABN needs to match. If it does not match, government certified evidence must be provided to link the ABN or business names together. This is ideally a letter or download from ABR showing the linkage. 
• We can accept ‘PTY LTD’ or ‘(Pty) Ltd’ in lieu of ‘Proprietary Limited’ when this is the only difference in the company name between what is shown on company compliance paperwork verse what’s shown in onsite                 
• Insurance must be current

• Issue Date = Coverage start date listed on policy
• Expiry Date = Coverage end date listed on policy (If the policy is paid monthly the expiry will be set when the next payment is due)
• Insurer = Insurer will be listed in policy content
• Policy Number or Certificate Number = as specified on the policy
• Item = Type of coverage
• Amount Description = Same as item

Amount = as specific on policy

• Business Name needs to match. If it doesn't match, government certified evidence   must be provided to link the business names together. This is ideally a letter or download from ABR showing the linkage

• We can accept ‘PTY LTD’ or ‘(Pty) Ltd’  in lieu of ‘Proprietary Limited’ when this is the only difference in the company name between what’s shown on company compliance paperwork verse what’s shown in onsite.

• Must be current

• Must be a certificate of insurance which references Hull and Liability and states the amount
• There is no minimum amount to be verified for this document
• Black and white copy accepted

Accepted Type/s

Third Party Liability / Passenger Legal Liability / Combined

• Issue Date = The date the policy or letter was issued to the customer - NOT the 'start date'
• Expiry Date = Coverage end date listed on policy (If the policy is paid on a monthly 
• basis the expiry will be set when the next payment is due)
• Insurer = Insurer will be listed in policy content
• Policy Number or Certificate Number = as specified on the policy
• Item = Professional Indemnity
• Amount Description = Same as item

• Amount = as noted on the policy

• Insured Name must match that registered and ABN needs to match. If it doesn't match, government certified evidence must be provided to link the ABN and names together. This is ideally a letter or download from ABR showing the linkage;
• We can accept ‘PTY LTD’ or ‘(Pty) Ltd’ in lieu of ‘Proprietary Limited’ when this is the only difference in the company name between what’s shown on company compliance paperwork verse what’s shown in onsite.
• There is no minimum amount for Income Protection and the amount does not need to be recorded
• Must be current
• Must specify the state in which the certification has been uploaded for
• Must specify Income Protection or Accident and Sickness

• Issue Date = Start of coverage date listed on policy
• Expiry Date = Coverage end date listed on policy (If the policy is paid on a monthly 
  basis the expiry will be set when the next payment is due)
• Insurer = Insurer will be listed in policy content
• Policy Number = as specified on the policy
• Item = Income Protection or Accident and Sickness as specified on the policy
• Amount Description = not required
• Amount = not required

• Individual name on policy to match the name registered in the system
• There is no minimum amount for Income Protection and the amount does not need to be recorded
• Must be current
• Must specify Income Protection or Accident and Sickness

• Issue Date = Start of coverage date listed on policy
• Expiry Date = Coverage end date listed on policy (If the policy is paid on a monthly 
  basis the expiry will be set when the next payment is due)
• Insurer = Insurer will be listed in policy content
• Policy Number = as specified on the policy
• Item = Income Protection or Accident and Sickness as specified on the policy
• Amount Description = not required
• Amount = not required

• Issue Date = Start of coverage date listed on policy
• Expiry Date = Coverage end date listed on policy (If the policy is paid on a monthly basis the expiry will be set when the next payment is due)
• Insurer = Insurer will be listed in policy content
• Policy Number = As specified on the policy
• Item = Type of coverage
• Amount Name = As specified on policy
• Amount = As per policy (Listed against “Limit of Liability” or “Limit of Indemnity”)

• Certificate of Insurance” or "Confirmation of Insurance” or “Certificate of Currency” showing:
• Name of insurer
• Policy Number
• Expiry date
• Business Name needs to match. If it does not match, government certified evidence must be provided to link the business names together. This is ideally a letter or download from ABR showing the linkage
• We can accept ‘PTY LTD’ or ‘(Pty) Ltd’ in lieu of ‘Proprietary Limited’ when this is the only difference in the company name between what is shown on company compliance paperwork verse what’s shown in onsite.
• Must be current
• Must state one of the accepted types as listed in the below table
• If the policy does not list one of the accepted types a Product Disclosure Statement (PDS) is required before escalation.
• If PDS states on of the accepted types – the insurance and PDS needs to be uploaded together for approval
• If the PDS does not specify Professional Indemnity, it will be escalated

• Minimum amount of $10 million dollars Australian for any one occurrence; Coverage amounts to be recorded.
• If less than $10 million (AUD) the contractor must upload a copy of the Insurance Schedule from their contract.
  
  • When the policy states less than $10 million (AUD), the company will be prompted to upload their insurance schedule from their contract to the "Professional Indemnity Insurance - Less than $10Mil Insurance Schedule from your Zinfra or Jemena Contract" in the V3 Company Pre-Qual portal - this document must be processed before "Professional Indemnity Insurance - Less than $10Mil."
  • Pegasus staff will check to see if the lower amount has been approved in the contract and matches the certificate of currency uploaded. If the coverage amount HAS been approved by Zinfra Jemena staff by email, this can also be accepted.
• If the policy amount is not in AUD and the policy is worldwide, a conversion at the time of processing is to be completed to ensure the non-AUD amount is equal to or greater than the $10 million AUD amount OR the lower amount that approved.
• USD converted to AUD amount of greater than the $10 million is acceptable when the policy applies for work conducted in Australia

• Issue Date = Coverage start date listed on policy
• Expiry Date = Coverage end date listed on policy (If the policy is paid monthly the expiry will be set when the next payment is due)
• Insurer = Insurer will be listed in policy content
• Policy Number or Certificate Number = as specified on the policy
• Item = Professional Indemnity
• Amount Description = Same as item
• Amount = as noted on the policy