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title | Logistics Operators Liability insurance or Marine/Goods in Transit Insurance |
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Certification | Certification Requirements | Upload Requirements | Examples |
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| MarineInsurance |
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| MarineInsurance |
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Goods/Marine | Insurancein Transit Insurance or Logistics Operators Liability Insurance
| | specify the state in which the certification has been uploaded forMust specify Marine 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 = As specified on policy <accepted type> Marine Insurance
- Amount Description = As specified on policy
- Amount = As specified on policy
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title | Plant and Equipment, Vehicle and / or Trailer Insurance |
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Certification | Certification Requirements | Upload Requirements | Examples |
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plantequipmentvehicleinsurance | plantequipmentvehicleinsurance | Plant and Equipment, Vehicle and / or Trailer 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
- Include list / schedule of vehicles covered
- Visy 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 10 million (AUD) coverage for 3rd Party Liability / Legal Liability / 3rd Party Property/ Liability
Accepted Types |
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- CTP
- Comprehensive
- Motor Fleet
- Third Party Property
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- 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 10 million AUD)
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title | Professional Indemnity Insurance |
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Certification | Certification Requirements | Upload Requirements | Examples |
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professionalindemnity | professionalindemnity | Professional Indemnity 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
- 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 downloads from ABR showing the linkage
- The minimum amount for Professional Indemnity Insurance is $10,000,000 AU
- 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 than the 10,000,000 AUD amount
- Must be current
- Must state one of the accepted types as listed in the below table
- If the policy does not list one of the accepted types a Product Disclosure Statement (PDS) is required before escalation.
- If PDS states on of the accepted types – the insurance and PDS needs to be uploaded together for approval
- If the PDS does not specify Professional Indemnity it will be escalated
Accepted Types |
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- Professional Indemnity
- Errors and Omissions
Professional Liability
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| - 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 = Professional Indemnity
- Amount Description = Same as item
- Amount = as specific on policy (must be minimum of 5 million AUD or equivalent)
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title | Public and/ or Product Liability Insurance |
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Certification | Certification Requirements | Upload Requirements | Examples |
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publicproductliability | publicproductliability | Public &/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;
- Minimum amount of 20 million dollars Australian for any one occurrence; Coverage amount to be recorded; If less than 20 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 than the 20,000,000 AUD amount
- Insurance must be current
- If the company supplies a 'requires approval' policy type (as listed in below table) 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
Note: Insurance types can be listed in the limit section of the policy.
E.g. under the Class or description it may refer to General Liability however under the limit or interest insured section if it refers specifically to an accepted type listed above this would be deemed acceptable.
Accepted Types | Requires Approval | NOT Accepted |
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Public Liability Public and Products Liability Broad form Liability | General Liability Business Liability Legal Liability Umbrella Liability | IT 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)
- Amount Description = Same as item
- Amount = as specific on policy (must be minimum of 20 million (AUD) or equivalent)
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Certification | Certification Requirements | Upload Requirements | Examples |
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selfinsurance | selfinsurance | 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/self_insurance/current_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
- 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.self-insurance)
- Amount Description = Same as item
- Amount = As shown on policy
| Image Removed | Plant and Equipment, Vehicle and / or Trailer Insurance 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/self_insurance/current_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
- 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.self-insurance)
- Amount Description = Same as item
- Amount = As shown on policy
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title | Travel/Expat Insurance (Overseas) |
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Certification | Certification Requirements | Upload Requirements | Examples |
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travelexpatinsurance | travelexpatinsurance | Travel/Expat Insurance (Overseas) Business Name needs to match. If it doesn't match, government certified evidence must be provided to link the business names together. These 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.Travel insurance)
- Amount Description = Same as item
- Amount = As shown on policy
| Image Removedclearly show the company being registered as the insurance party, if policy is paid monthly expiry to be set as the paid to date. Logistics Operators Liability insurance covering loss or damage to Products being transported by the Contractor in accordance with the provision of the Services and for a limit of liability of not less than $10 million; or Marine/Goods Transit Insurance for a limit of liability of not less than $500,000 for any one event. For further information refer to the terms of your contract, Purchase order or contact your VISY representative.
Accepted Types |
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Marine/Goods in Transit Insurance Marine Cargo Carriers Insurance Combined Cartage Cargo Protect Carriers Transit Cargo Logistics Operators Liability insurance
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NOTE: If the policy is paid on a monthly basis, the document must show when the recent payment was made or when the next payment is due | - 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)
- Policy Number = as specified on the policy
- Item = As specified on policy <accepted type> Marine Insurance
- Amount Description = As specified on policy
- Amount = For Logistics Operators Liability insurance $10M, all other accepted types $500,000 for any one event
Note: Proof of purchase such as a receipt for Logistics Operators Liability insurance or Marine/Goods in Transit Insurance can be accepted with a 30 day expiry from submission date. |
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