Insurance checklist

Loss or damage to property due to an accidental cause.

Loss due to irrecoverable debts following insured loss of debtor’s records.

Loss of future earnings and/or increased expenses following delayed completion of a project caused by insured damage.

Liability for members of management committees or incorporated organisations against negligent acts, errors or omissions.Mismanagement (Including Occ Health), rofessional Advice (Errors and Omissions), Employment Practices Liability & Fidelity (Theft by Employees)

Loss of or damage to aircraft and related equipment.

Damage to registered boilers or pressure vessels by explosion, overheating, collapse, etc.

An alternative to bank guarantees.

Liability for bodily injury and/or property damage arising from business activities and products.

Loss of property following forcible and violent entry to premises.

Loss of income and/or increased expenses due to insured damage to fixed assets.

Loss of income and/or increased costs due to insured damage to key customers or suppliers premises.

The increased costs incurred to avoid or reduce a loss of revenue following an insured business operation. Cover includes any reasonable costs irrespective of whether they limit any reduction in turnover or revenue. These additional increased costs are often expended to keep or regain market share and to maintain normal business operations. (Advertising, lease of rental property, cost of a third party manufacturing your product or providing a service.)

Loss of income and/or increased costs due to insured damage to public utilities premises.

Loss of income and/or additional expenses incurred due to occurrences such as adverse weather conditions or non-appearance of performers including death or illness.

Reimbursement of legal costs in either defending or pursing legal action in areas of contract, employment, criminal, property, patent and copy write, motor and trade practices (both civil and statutory).

Liability arising from completed buildings/ projects/constructions.

Damage, loss of income and/or increased expenses following mechanical and electronic breakdown of computer equipment, media and data.

Insured loss following tampering with computer systems, fraud or virus.

An extension to a Computer/Electronic Breakdown insurance policy to cover the cost of replacement Software/Purchasing Licensing Agreements.

Broader than Product Recall - Insured Events: Accidental Contamination, Malicious Tampering, Product Extortion. Cover: Business Interruption, Recall Costs, Rehabilitation Expense, Consultants, Extortion Costs, Restoration or Replacement of Product.

Loss or damage to the project/works during construction.

Loss or damage to unregistered mobile plant, drilling rigs and the like.

Fines or penalties due to failure to meet contractual commitments due to an insured loss to assets.

Liability assumed under contract or agreement

Medical costs, baggage and other Benefits whilst travelling on business.

Loss following insolvency of a debtor either single debtors or a group of specific debtors or a blanket cover over all debtors.

Public Relations consultant costs to assist following a major crisis.

Fire or hail damage to growing crops.

Covers Breach of Privacy, Transmission of a Virus, Third Party Liability and Cyber Extortion.

Liability for damages following libel and slander.

Liability for damages following a wrongful act committed by the directors or officers of a company.

Material damage and loss of data following breakdown or malfunction.

Loss or damage to employee’s personal effects.

Liability for the “Gap” between Workers’ Compensation Act benefits and average actual weekly pay.

Liability for employment related issues such as wrongful dismissal, sexual harassment, and discrimination.

Liability for bodily injury and/or property damage following gradual pollution.

Default by overseas customers or default due to political interference.

Loss or damage not insured/recoverable from overseas purchasers.

Extensions to warranty periods for products.

Workers Compensation benefits for employees working interstate or overseas and at common law.

Loss of goods or money due to theft or dishonesty by employees.

Liability for financial loss only not accompanied by bodily injury or property damage.

Damage to property caused by a range of nominated risks.

Loss or damage to property caused by “flood” - Water Damage caused by inundation of water from a natural water course such as a creek, river, lake, canal, damLoss or damage to property caused by “flood” - Water Damage caused by inundation of water from a natural water course such as a creek, river, lake, canal, damLoss or damage to property caused by “flood” - Water Damage caused by inundation of water from a natural water course such as a creek, river, lake, canal, damLoss or damage to property caused by “flood” - Water Damage caused by inundation of water from a natural water course such as a creek, river, lake, canal, dam.

Damage to fixed glass.

Fire and Perils and Accidental Damage to fixed assets and subsequent Business Interruption.

Legal expenses incurred to defend patent, trademark, copyright etc.

Liability for infringement, defamation, viruses, misuse etc.

Monies paid following kidnap of staff or family or threats of damage to assets.

Loss following death or loss of use of valuable animals.

Mechanical or electrical breakdown of plant and equipment.

Loss of profits and additional expenses following a business interruption caused by mechanical or electrical breakdown.

A cost effective combined Management Liability cover for Private Companies. Cover Directors and Officers, the Business Entity and also include Employment Practices Liability cover.

Loss of income and/or additional expenses following marine transit material damage claims.

Damage to goods whilst in transit Overseas or within Australia including containers.

Loss or damage to sea or land containers including refrigerated containers

Damage to private and commercial vessels and related equipment.

Liability for bodily injury and/or property damage arising from:Operation of vessels, Carriers liability, Ship-repair activities, Charterers liability & Stevedore liability.

Loss or damage to cash, cheques, negotiable instruments in transit or on premises.

Mortgage payments in the event of disability.

Liability for bodily injury arising from registered vehicles.

Liability for property damage arising from registered motor vehicles.

Loss or damage to registered or unregistered motor vehicles and the like.

Loss or damage to jewellery, works of art and other valuables.

Liability for the cost of repairing or replacing faulty products.

Expenses incurred in the recall of defective products.

Loss of profit, recall and other expenses following product tampering.

Liability for negligent services or advice provided by professionals.

Liability for loss or damage to property of others in your care, custody or control.

Loss of refrigerated stock due to refrigeration equipment breakdown.

Costs to rewrite replace or reconstruct records and data. Following perils insured under the ISR policy but not following breakdown.

Country farms and properties.

Covers Penalties payable to any Regulatory Authority consequent upon breach of an Act, Plus legal costs and associated expenses incurred with the investigation, defence (including appeal) and settlement of the claim.Covers Occupational Health and Safety,Environmental Law,Employment Practices Legislation, Companies Law etc.

Additional expenses incurred following labour disturbances.

Cover to insure expenses incurred – for unexpected audits / investigation –Eg, Workcover, including Australian Tax Office.Cover available for audit for the Company & Directors and Audit / Investigation for Company & Directors.

Loss or damage to fixed property due to declared terrorism.

Loss of property in the open air without forcible and violent entry. Only covered under ISR policy. Not covered under Electronic Equipment policy.

Loss of property within premises with forcible and violent entry.Loss of property within premises without forcible and violent entry (except as covered by the ISR policy).

Loss or damage to tools or equipment in vehicles, or on site or in storage including laptops. Limitations apply.

Liability for damages following mismanagement of superannuation funds by trustees.

Liability for unregistered vehicles working/ travelling on public streets or areas.

Water Damage caused by or runoff from a man-made water course.

Loss due to inadequate or exorbitant rain or temperatures.