AFSL: 241187 Title: Purpose:
Industry/Occupation Risk Index Summary Checklist of policies
; The list is by no means exhaustive, it concentrates on risks we perceive as important to this Industry/Occupation. ; A proper review involves information in our client Manual on “communications with us” and full “Product Directory” 22/10/06
Date
MARINE TRADES (P/L) Clients Name
BUSINESS PACK – 16 SECTIONS Fire & Perils Accidental Damage Burglary Money Public Liability Fidelity Spoilage Legalexpense
STATIC/MOBILE STATIC See SME Basic Checklist for costs Consequential Loss of Income Fixed Glass Motors (Mechanical/electronic Breakdown Trade Debtors
BUSINESS RISKS MOBILE Builders Boat Risk - To cover the Asset (Boat) under Construction, also Liability from the Works. CPM (Contractors Plant & Machinery) - Unreg Mobile Plant Disability (If Director opted out of W.Comp or If Self Employed or Wages Gap/top up cover) [ ] Accident (external) [ ] Capital/lump sum (Life/TPD) [ ] Illness (internal) No medical General Property – Tools Perils = Fire & Perils, Accidental Damage (optional), Burglary (not theft), MV Transit Collision Liability [1] Public [2] Products [3] "CCC" - Goods in Custody Director & Officers - Office Bearers (personal assets exposed) Employment Practices – Employees Professional - Service Industry - Fee Income Advice/Representation Ship Repairers (see below for explanation) Skippers Liability policy (when acting as a skipper – in control of a vessel) Statutory Fines - Breach of Laws (fines) Marine Transit – Cargo of Purchaser or Sender (if insured is the carrier cover is restricted to “silver”) Risk Management - Subbies [ ] Work Agreements samples available Travel - Corporate Pack - Overseas, Interstate or Intrastate Vehicle – Registered Cars/Trucks/Trailers A] The Asset (vehicle) & it’s attached accessories 9 We have rates listed on our website ”Client Product Library” B] Liability to others [ ] Road Risk [ ] Hazardous Goods, [ ] Non Owned Trailers Workers Compensation - [ ] Standard policy [ ] Mining Site Diseases
Min prem $2000 $150 $250
$350 $650 $2000 $750 $2000 $2000 $1000 $1000 $500 $n/a $550 $250
$250
SPECIAL NOTES: 1. A Public Liability policy is not designed to cover watercraft use/activities. It’s limited to 5 to 8 mtrs, thereafter restrictions apply (legal control, possession, use). It’s not as dynamic as cover under a ship repairers policy (specially designed to address exposures of Maritime Laws) see next notation. The decision to have more covers is a balance of economical and the extensive nature of your work ie., commercial structural work of vessel. 2. "Ship Repairers" Liability is only for "Boat work", where your work effects the structural / mechanics of the vessel (ability to float) you also need to continue with a "General Public" Liability policy to address the "General (land) and Administration” activities of the business. 3. "Boat Builders Risk" is used to insure the Vessel during construction and Trialing including Liability from the activity (similar to a Land Based Construction Policy). For more information refer to our “Client product Library” (website) or call to discuss. Note – we have a special FAQ listing on this topic in our Public Liability faq’s “Marine Tradespeople what is proper cover” 04/04/06 DOMESTIC WAGE/SALARY CLIENTS STATIC/MOBILE Min prem DOMESTIC RISKS Boat - Hull/Motor/Sails/Accessories Liability for Hull/Aquaplaning/Passenger/Food and Drink $250 Caravan - Mobile or Fixed site - Van, Annex, Contents $200 Disability – Work and Private or Leisure time only (Accident/Lump Sum/Illness) $250 Home Pack Building/s Contents Multi Risks Specified Unspecified $250 Motor Vehicle - Cars/Trailers $400 Workers Compensation - Domestic Workers only $200 Health Insurance - Private for extra benefits Life/Trauma, Superannuation
INDEX: A=ACTIVE C=CONCERN N=N/A Q=QUOTED Additional Notes:
Y=YOU CONTROL
Return to Directory
Topics to reconcile { Level of Cover? ÎGold / Silver or Bronze? { Type of Settlement? Î Replacement or Indemnity (market value) { have we used the same decision process on this topic? Î Budgets constraints/type of Cover/Risk Management { Any other Entities? Y/N { Any other activities, do they differ from the norm? Y/N Client to Keep or Sign and return x……………………………….
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] Client Card Updated