Skip to end of metadata
Go to start of metadata
You are viewing an old version of this page. View the current version.
Compare with Current
View Page History
« Previous
Version 23
Next »
Asbestos Liability Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Asbestos 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
| - 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
|
|
Motor Vehicle Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
| - Certificate of Insurance / Confirmation of Insurance / Certificate of Currency / Confirmation of Placement for Motor Vehicle Insurance 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)
- Minimum amount of $20 million (AUD) coverage (“Limit of Liability”; and “Limit of Indemnity”) for 3rd Party Liability / Legal Liability / 3rd Party Property / Road Risk Liability. 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
- Must show vehicle/s insured or a reference to coverage for all vehicles similar to the examples shown below:
![](https://pegasusnet.atlassian.net/wiki/download/attachments/2929492689/Zinfra%20Jemena%20-%20Motor%20Vehicle%20Insurance.png?version=1&modificationDate=1621387635000&cacheVersion=1&api=v2)
Accepted Types |
---|
- CTP
- Comprehensive
- Motor Fleet
- Third Party Property
- Commercial Motor
- Road Risk
- Road Risk Liability
- Yellow Cover – Road Risk Liability to 3rd parties
|
| - 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 = As specified on policy <accepted type> Motor Vehicle Insurance
- Amount Description = As specified on policy <3rd Party Liability / Legal Liability / 3rd Party Property/ Road Risk Liability>
- Amount = as per policy (“Limit of Liability”; and “Limit of Indemnity”) (minimum of 20 million AUD) UNLESS the policy is for comprehensive, in which case the amount can be 0
|
|
Plant Liability Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Plant & Equipment Insurance | - “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 or a reference to coverage for all vehicles similar to the examples shown below:
![](https://pegasusnet.atlassian.net/wiki/download/attachments/2929492689/Zinfra%20Jemena%20-%20Motor%20Vehicle%20Insurance.png?version=1&modificationDate=1621387635000&cacheVersion=1&api=v2)
Accepted Types |
---|
- Mobile Plant and Equipment
- Vehicle
- Yellow Cover – Road Risk Liability to 3rd parties
- CTP
- Comprehensive
- Motor Fleet
- Third Party Property
- Commercial Motor
- Road Risk
- Road Risk Liability
- Plant & Equipment – Industrial Special Plant with Road Risk Liability
* Requirement is that you have 3rd party property for your mobile plant that you drive on roads |
| - 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 = As specified on policy <accepted type> Motor Vehicle Insurance
- Amount Description = As specified on policy <3rd Party Liability / Legal Liability / 3rd Party Property>
- Amount = As per policy (“Limit of Liability”; and “Limit of Indemnity”)
|
|
Professional Indemnity Insurance
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Professional Indemnity Insurance | - Business Name needs to match. If it does not match, government certified evidence must be provided to link the 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.
- 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
- Minimum amount of $10 million dollars Australian for any one occurrence; Coverage amounts to be recorded; If less than $10 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 $10 million AUD amount OR the lower amount that approved.
- USD converted to AUD amount of greater than the $10 million is acceptable when the policy applies for work conducted in Australia
- Insurance must be current
Accepted Types |
---|
- Professional Indemnity
- Errors and Omissions
Professional Liability - Civil Liability
|
| - 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 or Certificate Number = as specified on the policy
- Item = Professional Indemnity
- Amount Description = Same as item
- Amount = as noted on the policy
|
|
Public and/or Product Liability Insurance
| Certification Requirements | Upload Requirements | Examples |
---|
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
Accepted Types | Requires Approval | NOT Accepted |
---|
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. 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
- 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 or Certificate Number = as specified on the policy
- Item = Type of of coverage / policy (i.e., Public & Products Liability, Public Liability)
- Amount Description = Same as item
- Amount = as specific on policy
|
|