Products - QUS Biz Select
Section 1 – Fire and Specified Perils
- Accidental Damage - $250,000 limit
- Fire extinguishing costs - $50,000 limit (in addition to sum insured)
- Landscaping - $25,000 limit (in addition to sum insured)
- Removal of debris - $50,000 automatic limit (in addition to sum insured)
- Playing surfaces - $50,000 limit (in addition to sum insured)
- Loss of land value - $100,000 limit
- Underinsurance/Average – 70% of the full value (does not apply to claims under 10% of the sum insured)
Section 2 – Business Interruption
- Weekly income (Benefits paid weekly whenever practical)
- No Underinsurance/Average clause
- No savings deductions clause applying to Weekly Income cover
- Tailored season increase cover
- Professional fees - $25,000 automatic limit (in addition to sum insured)
- Prevention of access
- Public utilities – 48 hour access
- Computer installations
- Damage within a complex
- Bomb threat, vermin or pests, defective drains, murder or suicide
- Shark or crocodile attack within 20 km
- Departmental clause
- Accumulated stocks clause
Section 3 – Burglary
- Items covered include – Contents and/or stock (including liquor), tobacco products
- Money cover - $250 limit
- Employee dishonesty - $5,000 limit
- Locks, keys and combinations - $10,000 limit (in addition to sum insured)
- Damage to buildings - $10,000 (in addition to sum insured)
- Death following assault - $10,000 limit (in addition to sum insured)
- Theft without forcible entry (Contents) - $10,000 limit for contents (other than electronic equipment), and $20,000 limit for contents consisting of electronic equipment
Section 4 – Money
- Employee dishonesty - $5,000 limit
- Locks, keys and combinations - $10,000 limit (in addition to sum insured)
- Death following assault - $10,000 limit (in addition to sum insured)
- Bank and public holiday extension – 100% or $75,000, whichever is the lesser
Section 5 – Glass
- Internal / External glass
- Signs - $7,500 limit
- Additional benefits (temporary shuttering and security, sign writing, shopfront damage, penalty charges, destruction of stock or contents) – total limit $7,500
- Covers – Public Liability, Products Liability and Advertising Liability
- Legal costs and expenses – 25% of the sum insured (in addition to the sum insured)
- Property in physical or legal control - $100,000 automatic limit any one occurrence
Section 6 - Broadform Liability
- Covers – Public Liability, Products Liability and Advertising Liability
- Legal costs and expenses – 25% of the sum insured (in addition to the sum insured)
- Property in physical or legal control - $100,000 automatic limit any one occurrence
Section 7 – Transit of Property by Road
- Perils covered – Fire, Flood, Lightning, Explosion, Theft following forcible and violent entry to Vehicle, Collision or overturning of Vehicle
Section 8 – Electronic Equipment
- Provides Breakdown cover for Specified Electronic Equipment
- Includes costs for dismantling and reassembly and/or reinstallation, removal of debris, freight charges within Australia
- Laptop computer away from premises covered, provided item covered for material damage under General Property section
Section 9 – Machinery Breakdown
- Unspecified Machinery – Available for machinery < 5hp (4kw), limit any one event as specified in the Schedule
- Specified Machinery – Available
- Deterioration of Stock – Available
Section 10 – General Property
- Unspecified Items – Limit $1,000 any one item (Note: Laptops, PDA’s, video cameras, digital cameras, and mobile phones must be specified)
- Specified Items – Available
- Accidental Damage cover included
- Worldwide cover included
- Theft without forcible or violent entry available
