If a policy is submitted and refers to the liability cover under another name (as mentioned in the table above, under “REQUIRES APPROVAL”), we will need to request from the company an excerpt of the policy which explains what the insurance policy covers where it is not called “public liability”.
If the document is not one of the “ACCEPTED” forms of Public Liability types, it must be referred to Woolworths for approval.
All accepted Public Liability policies must be a minimum of 20 million dollars Australian, or equivalent in US Dollars or Euro, for any one occurrence. All policies submitted with the insured amount in a foreign currency should be sent to Woolworths for review.
NOTE: If a certificate of currency is submitted for less than 20 million please return in the first instance. If the company states that their contract requires less please escalate to Retail FM for approval. If approved please record name of approver and date in the conditions / comments field. Also upload a copy of the approval to the company general folder on the home page (look for the yellow folder icon on the company profile home screen).
Public & Products Liability
Fields to be completed in Onsite – Start date, end date, Insurer, Policy Number, Item with the description as well as amount, broken up as per certificate of currency and shown below.
IMPORTANT – Company name and ABN must match the details registered in Onsite Track Easy. If they do not, please return to the company and ask them to upload a document (ABN registration) which links the two together.
Example of acceptable insurances:
Limit of Liability
- Public Liability $20,000,000
- Public & Products Liability any 1 occurrence $20,000,000
- Broadform Liability $20,000,000
Example of unacceptableinsurances:
- ProductLiability - $20,000,000
- Public Liability Policies under $20,000,000
- A Policy where the minimum insured amount is split amongst the different types of cover
E.g. Products Liability $10,000,000 and Public Liability $10,000,000 = $20,000,000.