Must detail:

• Start Date
• End Date
• Insurer
• Policy
• Amount
• Restrictions/condition
• Company name and ABN must match the details registered in Onsite Track Easy.

If a certificates states a company name and ‘its subsidiaries’ then this is ok to accept, please add to the business rule for future reference

• All accepted Public Liability policies must be a minimum of 10 million dollars Australian, or equivalent in NZ Dollars, US Dollars or Euro, for any one occurrence. All policies submitted with the insured amount in a foreign currency should be sent to WOW for review.

Accepted:

• Public Liability
• Public and Products Liability
• Broadform Liability
• General Liability

Requires Approval:

• Business Liability
• Legal Liability
• Umbrella Liability

Not accepted:

• IT Liability
• Product Only
  
  

• 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 David Jones site contact for approval.

• All accepted Public Liability policies must be a minimum of 10 million dollars Australian, or equivalent in US Dollars or Euro, for any one occurrence.
• If the amount shown on the document is not listed as an Australian Dollar amount (e.g. US or EURO), use a currency converter to check the amount - if the conversion at the verification processing time meets the required Australian Dollar amount the document can be approved.  In the Comment Field please enter the confirmation that the currency converter process has been completed e.g. ‘Currency Convertd and meets the AUD minimum amount required’.

Example of unacceptable insurances:

• Product Liability -  $10,000,000
• Public Liability Policies under $10,000,000
• A Policy where the minimum insured amount is split amongst the different types of cover

E.g. Products Liability $5,000,000 and Public Liability $5,000,000 = $10,000,000.

Examples of acceptable insurances:

• Limit of Liability
• Public Liability                                                                $10,000,000
• Public & Products Liability for any one occurrence       $10,000,000
• Broadform Liability                                                         $10,000,000

Click HERE to be redirected to the confluence page which is specific to all sites workers compensation certifications  

Insurance.Workers Compensation  - All Australian States