- “Certificate of Insurance” or "Confirmation of Insurance” or “Certificate of Currency” for Plant & Equipment showing:
- Name of insurer
- Policy Number
- Expiry date
- Company name and ABN must match the details registered. 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 a download from ABR showing the linkage or a Trust Deed.
- Slight business name variations can be accepted when the ABN matches and the name difference is only slight (eg. Pegasus Aust and Pegasus Australia)
- Must also include a schedule of items covered and how much they are insured for (usually in table format)
- Must show plant / equipment or vehicle/s insured as defined by the policy or a reference to coverage for all vehicles similar to the examples shown below:
Accepted Types |
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- Mobile Plant and Equipment
- Vehicle
- CTP
- Comprehensive
- Motor Fleet
- Third Party Property
- Commercial Motor
- Road Risk
- Road Risk Liability
- Plant & Equipment – Industrial Special Plant with Road Risk Liability
- Plant and Machinery
- Third Party Liability
- Liability to Third Parties
* Requirement is that you have 3rd party property for your mobile plant that you drive on roadsIf the plant item will be driven on roads, Third Party Property is required. |
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