General Insurance Resource Page
Please be aware that the definitions shown below are brief and do not thoroughly assess the detail which will be required to make an informed decision on your insurance needs.
If we haven’t provided an explanation which helps, please let us know
Speak with one of our professional advisers to have a complete review of the risks you face and the options available to you.
Property
General property – fire, glass, money, negotiable instruments, burglary, theft. loss and/or damage to laptops and other portable plant and equipment whilst away from the insured premises
Fire & Perils - damage to assets caused by fire and nominated perils – generally excluding flood
If you have any questions relating to any property area feel free to call us on 02 9899 2999.
Business insurance
Accounts receivable: Loss or damage to debtors accounting records
Bonds: performance guarantees (an alternative to bank guarantees)
Business interruption: Loss of trading income and the resulting increased expenses due to damage to fixed assets
Electronic equipment: Accidental mechanical and electrical breakdown of computers
Legal expenses: Costs incurred to defend nominated types of legal action
Boiler Explosion: Damage to registered boilers by explosion, overheating etc
General Property: Loss and/or damage to laptops and other portable plant and equipment whilst away from the insured premises
Trade Credit: Loss following insolvency of your debtors
Fidelity Guarantee: Loss due to dishonesty of your employees
Industrial Special Risks: Damages and consequential following loss to fixed assets and property
Intellectual Property Legal Expenses: Expenses incurred to defend patent, trademark, copyright, etc
Marine Transit/Cargo: Damage to Goods in Transit, both to and/or from overseas and/or locally
Pluvious: Protection for loss of expenses incurred for a specific event due to nominated weather conditions
Business insurance packages
Business Packages: Combined policy for the full range of business insurances i.e. general property, legal liability, fire, glass, money, burglary, theft of property following breaking and entering
Office Package: Combined policy for the full range of business insurances including general property, legal liability, fire, glass, money, burglary etc.
Contractors
Contract Works: Loss or damage to building projects during construction
Contractors Plant & Machinery: Loss or damage to the full range of plant/vehicles/cranes used by contractors
Machinery Breakdown: Repair costs incurred following breakdown of plant & equipment, including Business Interruption if required
Vehicles
Loss or damage to cars, boats and caravans
Green slip: Refer to CTP (Compulsory Third Party Insurance)
Taxi: Loss or damage to the full range of registered vehicles.
Landlords
Landlords Protection: Damage to leased and/or rented residential property, including legal liability
Strata Title Package: Damage to strata property, including coverage for common contents, legal liability and workers compensation, fidelity guarantee, office bearers’ liability
Tax Audit/Probe: Expenses due to unexpected tax audit (including GST)
Travel
Combined policy for Medical, Hospital, Baggage, Cancellation etc. for individual private or corporate travel in Australia or worldwide
Marine
Marine Transit/Cargo: Damage to Goods in Transit, both to and/or from overseas and/or locally
Marine Hull: Damage to ships/boats and related equipment
Marine Pleasure Craft: Damage to pleasure craft whilst in or on the water and including land transit
Rural
Crop: Loss or damage of rural crops
Farm Package: Combined policy for the full range of rural and domestic insurances, such as home & contents, farm property, legal liability, farm machinery, tractors etc
Householders
Damage to residential property, including coverage for personal valuables, legal liability and domestic workers compensation
Business General
Defamation: Damages following libel or slander
Directors & Officer’s / Company Reimbursement: Indemnity following a ‘wrongful act’ committed by the directors or officers or a company
Public Liability: Bodily injury/property damage arising out of the insured's business activities
Employers
Employment Practices Liability: Covers defamation, sexual harassment, discrimination, libel as an employer
Environmental Impairment: Covers bodily injury/property damage following gradual pollution
Industrial Disease: Injury to employees on a mine site
Extra Territorial Workers Compensation: Variation of Workers Compensation benefits whilst employees are temporarily working elsewhere other than in the state of their employment e.g. particularly whilst overseas
Trustees Liability: Damages following mismanagement of superannuation funds by trustees
Workers’ Compensation: Injury to employees at and/or from the workplace as per State Legislation
Trustees
Damages following mismanagement of superannuation funds by trustees
Marine
Marine Liability: Bodily injury/property damage arising from operation of vessels, carrier’s activities or ship-repair and general marine activities
Motor
CTP (Green slip): Third party bodily injury arising from use of registered vehicles
Third Party Property Damage
Taxi: loss or damage to the full range of registered vehicles
Manufacturers
Products Liability: Bodily injury/property damage arising from products manufactured, imported or sold
Product Tamper / Recall: Expenses following product tampering or recall of the damaged products
Professionals
Professional Indemnity: Breach of duty arising from the professional activities of the insured.
Click here or call 02 9899 2999 to discuss your situation with one of our specialists