Competency Name | Competency Requirements | Upload Requirements | Examples |
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Motor Vehicle Insurance | - Business Name on Certificate of Insurance needs to match what's listed in Onsite. If it doesn't match, Pegasus Administrators to check if there are any subsidiary or DBA (doing business as) business names listed on policy that match
- We can accept Pty Ltd in lieu of Proprietary Limited when this is the only difference in the company name between what’s shown on company compliance paperwork verse what’s shown in Onsite
- There is no minimum level of coverage required
- Accepted types of coverage:
  - Automobile Liability
- If coverage type is different to accepted types, escalation 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 | - 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 coverage
- Amount Description = As specified on policy
- Amount = as per policy (if policy type is comprehensive, amount not required)
Note: Proof of purchase such as a receipt can be accepted with a 30 day expiry from submission date. | |
Professional Indemnity Insurance | - Business Name on Certificate of Insurance needs to match what's listed in Onsite. If it doesn't match, Pegasus Administrators to check if there are any subsidiary or DBA (doing business as) business names listed on policy that match
- We can accept Pty Ltd in lieu of Proprietary Limited when this is the only difference in the company name between what’s shown on company compliance paperwork verse what’s shown in Onsite
- The minimum level of coverage required will depend on the type of professional service your business is providing to Lion. Refer to the terms of your contract, purchase order or contact your Lion representative
- Accepted types of coverage:
  - Professional Liability
- If coverage type is different to accepted types, escalation 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 | - 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 coverage
- Amount Description = As specified on policy
- Amount = as per policy (if policy type is comprehensive, amount not required)
Note: Proof of purchase such as a receipt can be accepted with a 30 day expiry from submission date. |
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Public Liability Insurance | - Business Name on Certificate of Insurance needs to match what's listed in Onsite. If it doesn't match, Pegasus Administrators to check if there are any subsidiary or DBA (doing business as) business names listed on policy that match
- We can accept Pty Ltd in lieu of Proprietary Limited when this is the only difference in the company name between what’s shown on company compliance paperwork verse what’s shown in Onsite
- Minimum amount of $10 million US dollars for any one occurrence
- Accepted types of coverage:
  - General Liability
- If coverage type is different to accepted types, escalation 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 | - 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 coverage
- Amount Description = As specified on policy
- Amount = as per policy (if policy type is comprehensive, amount not required)
Note: Proof of purchase such as a receipt can be accepted with a 30 day expiry from submission date. |
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