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 12
Next »
Income Protection
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Insurance.Income Protection.Personnel Income Protection | Name listed on the policy must match the name registered in the system. 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 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) There is no minimum amount for Income Protection and the amount does not need to be recorded Must be current Must specify the state in which the certification has been uploaded for Must specify Income Protection or Accident and Sickness
| 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 = Income Protection or Accident and Sickness as specified on the policy Amount Description = not required Amount = not required | |
Motor Vehicle
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Insurance.Motor Vehicle.Motor Vehicle Insurance | - Certificate of Currency for Motor Vehicle Insurance showing:
- Name of insurer
- Policy Number
- Expiry date
- Must show vehicle insured
- 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 be minimum 20 million (AUD) coverage for 3rd Party Liability / Legal Liability / 3rd Party Property
Accepted Types |
---|
CTP Comprehensive Motor Fleet Third Party Property |
| - 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 (minimum of 20 million AUD)
| |
Plant Liability
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Insurance.Property.Plant Liability Insurance | - Certificate of Currency for Plant & Equipment Insurance showing:
- Name of insurer
- Policy Number
- Expiry date
- Plant/Equipment Insured
- 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 display Mobile Plant and Equipment as the type
- Must also include a schedule of items covered and how much they are insured for (usually in table format)
| - 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 (minimum of 20 million AUD)
| |
Professional Indemnity
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Insurance.Professional Indemnity.Professional Indemnity Insurance | - Minimum amount for Professional Indemnity = $1 million - this may differ for different pieces of work.
- 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 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 be current
- If the policy does not list Professional Indemnity / Liability or Errors and Omissions a Product Disclosure Statement (PDS) is required before escalation.
- If PDS states Professional Indemnity or Errors and Omissions coverage – the insurance and PDS needs to be uploaded together for approval
- If the PDS does not specify Professional Indemnity or Errors and Omissions it will be escalated
- Accepted Types: Professional Indemnity,Errors or Omissions, Civil Liability
| - 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 be minimum of 1 million AUD or equivalent)
| |
Public Liability
Certification | Certification Requirements | Upload Requirements | Examples |
---|
Insurance.Liability.Public and/or Product Liability Insurance - $5M | - Minimum amount of 5 million dollars Australian for any one occurrence - this may may differ for different pieces of work .
- 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 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)
- Issue and Expiration dates to be recorded
- Must be current
Accepted Types | Not Accepted Types |
---|
Public Liability Yellow Cover with Liability Public & Products Liability Broadform Liability General Liability Business Liability Legal Liability Umbrella Liability Commercial Liability Third Party Liability | IT Liability Product only Liability Public Liability < $5M A policy where the minimum insured amount is split amongst the different types of cover: e.g. Products Liability $2,500,000 and Public Liability $2,500,000 = $5,000,000. |
| - 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 specific on policy (must be minimum of 5 million AUD or equivalent)
| |
Insurance.Liability.Public and/or Product Liability Insurance - $20M | - Minimum amount of 20 million dollars Australian for any one occurrence - this may may differ for different pieces of work .
- 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 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)
- Issue and Expiration dates to be recorded
Must be current
Accepted Types | Not Accepted Types |
---|
Public Liability Public & Products Liability Broadform Liability General Liability Business Liability Legal Liability Umbrella Liability Commercial Liability Third Party Liability | IT Liability Product only Liability Public Liability < $20M A policy where the minimum insured amount is split amongst the different types of cover: e.g. Products Liability $10,000,000 and Public Liability $10,000,000 = $20,000,000. |
| - 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 specific on policy (must be minimum of 20 million AUD or equivalent)
| |