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| publicproductliabilityinsuranceasbestosliabilityinsurancepublicproductliabilityinsurance |
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| asbestosliabilityinsurance |
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Certification | Certification Requirements | Upload Requirements | Examples |
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Public and/or Product Asbestos Liability Insurance
| - Certificate of Insurance” or "Confirmation of Insurance” or “Certificate of Currency” showing:
- Name of insurer
- Policy Number
- Expiry date
- Business Name and ABN needs to match. If it does not 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 is shown on company compliance paperwork verse what’s shown in
| onsite 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 - Minimum amount of $20 million dollars Australian for any one occurrence; Coverage amounts to be recorded
| ; 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. Issue Date = Coverage start date listed on policy- .
- If less than $20 million (AUD) the contractor must upload a copy of the Insurance Schedule from their contract.
- When the policy states less than $20 million (AUD), the company will be prompted to upload their insurance schedule from their contract to the "Asbestos Liability Insurance - Less than $20Mil Insurance Schedule from your Zinfra or Jemena Contract" in the V3 Company Pre-Qual portal - this document must be processed before "Asbestos Liability Insurance - Less than $20Mil."
- Pegasus staff will check to see if the lower amount has been approved in the contract and matches the certificate of currency uploaded. If the coverage amount HAS been approved by Zinfra Jemena staff by email, this can also be accepted.
- If the policy amount is not in AUD and the policy is worldwide, a conversion at the time of processing is to be completed to ensure the non-AUD amount is equal to or greater than the $20 million AUD amount OR the lower amount that approved.
- USD converted to AUD amount of greater than the $20 million is acceptable when the policy applies for work conducted in Australia
- Insurance must be current
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Accepted Types | Requires Approval | NOT Accepted |
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IMPORTANT: The minimum amount of coverage MUST be for $20m Public and Product Liability. If Public and Product Liability is not specifically listed it must be listed in the PDS or escalated to site for approval. - Public and Products Liability
- Broad form Liability
- General Liability
- Business Liability
- Legal Liability
- Umbrella Liability
- Commercial Liability
- Third Party Liability
IMPORTANT: a Product Disclosure Statement (PDS) is required to be uploaded with the types of policies before escalation. - If PDS states Public & Product 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
| - IT Liability
- Public Only
- Product Only
| Note: Insurance types can be listed in the limit section of the policy. - Issue Date = Coverage start date listed on policy
- Expiry Date = Coverage end date listed on policy (If the policy is paid monthly 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 coverage / policy (i.e., Asbestos Liability)
- Amount Description = Same as item
- Amount = As specific on policy
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