| Insurance.Liability.Public Liability | - Business Name and ABN needs to match. If it doesn't 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;
- Minimum amount of 10 million dollars Australian for any one occurrence; Coverage amount to be recorded;If less than 10 million (AUD) the policy is to be returned
- If the policy amount is not in AUD a conversion at the time of processing is to completed to ensure the non AUD amount is greater then the 10,000,000 AUD amount
- Insurance must be current
- If the approved type is no specified clearly a Product Disclosure Statement (PDS) is required before sitet approval can be obtained.
- If PDS states Public Liability coverage – the insurance and PDS needs to be uploaded together for approval
- If the PDS does not specify Public Liability it will be escalated
| Accepted Types | NOT Accepted |
|---|
Public Liability
Public and Products Liability
Broad form Liability
General Liability
Business Liability
Legal Liability | IT Liability
Product Only
Umbrella Liability |
| - 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 of coverage / policy (i.e. Public & Products Liability, Public Liability, Broadform Liability, General & Public Liability
- Amount Description = Same as item
- Amount = as specific on policy (must be minimum of 10 million AUD or equivalent)
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