Utilities Management Business Rules | Zinfra Jemena | Company | Insurances

Public and/or Product Liability Insurance

• 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                 
• Minimum amount of $20 million dollars Australian for any one occurrence; Coverage amounts to be recorded; If less than $20 million (AUD) the contractor must upload a copy of the Insurance Schedule from their contract. 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