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
Insurance must be current
Accepted
Requires Approval
Not Accepted
Public Liability Public & Products Liability Broadform Liability General Liability Business Liability Legal Liability Umbrella Liability Commercial Liability Specialty Liability
IT Liability
Note: Insurance types can be listed in the limit section of the policy.
Eg. 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.
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. Public & Products Liability, Public Liability, Broadform Liability, General & Public Liability
Amount Description = Same as item
Amount = as specified on policy (must be minimum of 20 million AUD or equivalent
Accepted:
Limit of Liability:
Public Liability $20,000,000
Public & Products Liability $20,000,000
Broadform Liability $20,000,000
Not Accepted:
Limit of Liability:
Public Liability $10,000,000 Product Liability $10,000,000
Professional Indemnity
Certification
Certification Requirements
Upload Requirements
Examples
Insurance.Professional Indemnity.Cert of Currency
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
The minimum amount for Professional Indemnity Insurance is $1,000,000 AU
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
Professional Indemnity
Errors & Omissions
Professional Liability
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 = Professional Indemnity
Amount Description = Same as item
Amount = as specific on policy (must for a minimum of $1,000,000 AU)
Workers Compensation
Click HERE to be redirected to the confluence page which is specific to all sites workers compensation certifications