Skip to end of metadata
Go to start of metadata
You are viewing an old version of this page. View the current version.
Compare with Current
View Page History
« Previous
Version 9
Next »
Income Protection Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Income Protection Insurance | - 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
|
|
Motor Vehicle Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Motor Vehicle Insurance | - 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.
- Include list / schedule of vehicles covered
- We will accept a certificate off currency / policy statement and a separate list of relevant vehicles covered by the policy. This list may be from the insurance company or prepared by the contractor company
- Must be minimum 20 million (AUD) coverage for 3rd Party Liability / Legal Liability / 3rd Party Property/ Liability
Accepted Types - CTP - Comprehensive - Motor Fleet - Third Party Property - Road Risk Liability - Commercial Motor | - 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 = As specified on policy <accepted type> Motor Vehicle Insurance
- Amount Description = As specified on policy <3rd Party Liability / Legal
- Liability / 3rd Party Property>
- Amount = as per policy (minimum of 20 million AUD) UNLESS the policy is for comprehensive, in which case the amount can be 0
|
|
Personal Accient, Illness & Injury Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Personal Accident, Illness & Injury Insurance | - 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 Personal Accident, Illness & Injury Insurance
| - 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 = Personal Accident, Illness & Injury Insurance as specified on the policy
- Amount Description = not required
- Amount = not required
|
|
Public and/or Product Liability Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Public and/or Product Liability Insurance | - 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;
- 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.
- 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 company supplies a 'requires approval' policy type (as listed below) a Product Disclosure Statement (PDS) is required before escalation.
- 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 Types |
---|
- Public Liability
- Public & Products Liability
- Broadform Liability
- General Liability
- Business Liability
- IT Liability
- Legal Liability
- Umbrella Liability
- Commercial Liability
- Personal Injury / Damage to Third Party Property
| |
Self Insurance: - If the company indicates 'Self Insured' = Letter to be uploaded from the governing body which has approved the self insurance;
- Please click on the following link to see the current list of approved self insured companies in Australia: http://www.srcc.gov.au/information_for_self-insurers/licensees
- 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
| 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 specified on policy (must be minimum of 10 million AUD or equivalent |
|
Professional Indemnity Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Professional Indemnity Insurance | - 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.
- Minimum amount of 5 million dollars Australian for any one occurrence; Coverage amount to be recorded;If less than 5 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 5,000,000 AUD amount
- Must state Professional Indemnity
- Must be current
- If the policy does not list Professional Indemnity a Product Disclosure Statement (PDS) is required before escalation.
- If PDS states Professional Indemnity coverage – the insurance and PDS needs to be uploaded together for approval
- If the PDS does not specify Professional Indemnity it will be escalated
Self Insurance - If the company indicates 'Self Insured' = Letter to be uploaded from the governing body which has approved the self insurance;
- Please click on the following link to see the current list of approved self insured companies in Australia: http://www.srcc.gov.au/information_for_self-insurers/licensees
| - 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
- Insurer = Insurer will be listed in policy content
- Policy Number = as specified on the policy
- Item = Professional Indemnity
- Amount Description = Same as item
- Amount = as specified on policy (must be minimum of 5 million AUD or equivalent
|
|
Workers Compensation
Certification | Redirection Link |
---|
ACT Workers Compensation Insurance |
Click here for a list of Pegasus National Business Rules
|
NSW Workers Compensation Insurance |
NT Workers Compensation Insurance |
QLD Workers Compensation Insurance |
SA Workers Compensation Insurance |
TAS Workers Compensation Insurance |
VIC Workers Compensation Insurance |
WA Workers Compensation Insurance |
Page Version: 9
Note: This Document is not version controlled when printed.