driveline commercial/fleet - gt insurance · 2 it will help you to: • decide whether this...

Global Transport & Automotive Insurance Solutions Pty LtdABN 93 069 048 255 AFS Licence No 240714

Sydney Brisbane Townsville Melbourne Adelaide Darwin Perth Newcastle Albury

Driveline Commercial/FleetProduct Disclosure Statement and Policy Document

106708 POL553 GT Driveline Fleet cov_D10.indd 1 24/01/2017 10:59 am

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Table of contentsPage

Introduction 2

Otherinformation 2

Summaryoftheavailablecovers 3

Definitions 7

Excess 9

TheCover 10

PartA–LossorDamage 10

AdditionalbenefitsapplicabletoPartA 11

SpecificconditionsapplicabletoPartA 15

SpecificexclusionsapplicabletoPartA 15

PartB–Liabilitytothirdparties 16

AdditionalbenefitsapplicabletoPartB 17

SpecificexclusionsapplicabletoPartB 18

Generalexclusions 19

Generalconditions 21

Claimsprocedures 23

Optionalconditions 24

Optionalbenefits 26

106708 POL553 GT Driveline Fleet txt_D10.indd 1 24/01/2017 11:04 am

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ItwillhelpYouto:

• decidewhetherthisinsurancewillmeetYourneeds;and

• compareitwithotherproductsYoumaybeconsidering.

PleasenotethatanyrecommendationoropinioninthisdocumentisofageneralnatureonlyanddoesnottakeintoaccountYourobjectives,financialsituationorneeds.

YouneedtodecideifthisinsuranceisrightforYouandYoushouldreadallofthedocumentsthatmakeupthePolicytoensureYouhavethecoverYouneed.

PreparationDate:17/11/2016.

Updating the PDSWemayneedtoupdatethisPDSfromtimetotimeifcertainchangesoccurwhererequiredandpermittedbylaw.WewillissueYouwithanewPDSorasupplementaryPDSorothercompliantdocumenttoupdatetherelevantinformationexceptinlimitedcases.Wheretheinformationisnotsomethingthatwouldbemateriallyadversefromthepointofviewofareasonablepersonconsideringwhethertobuythisinsurance,WemayissueYouwithnoticeofthisinformationinotherformsorkeepaninternalrecordofsuchchanges(YoucangetapapercopyfreeofchargebycontactingUsusingOurdetailsonthebackcoverofthisPDS).OtherdocumentsmayformpartofourPDSandPolicy.IftheydoWewilltellYouintherelevantdocument.

Other informationIf this insurance has been issued through an insurance intermediaryIfYourPolicyhasbeenissuedthroughOuragent,orabrokerwhoisactingunderabinderarrangementwithUs,thentheyareactingasOuragentandnotasYouragent.

IfYourPolicyhasbeenissuedbyabroker,otherthanabrokeractingunderabinderagreementwithUs,thenthebrokerisactingasYouragent.

WherethisPolicyhasbeenarrangedthroughanintermediaryacommissionispayablebyUstothemforarrangingtheinsurance.

Phone for assistanceIfYouneedtoclarifyanyoftheinformationcontainedinthisPolicydocumentorYouhaveanyotherqueriesregardingYourinsurancePolicy,pleaseUsethecontactdetailsbelow.

IntroductionWelcomeandthankYouforchoosingtheGlobalTransportDriveLineInsurancePolicy.

The InsurerAllianzAustraliaInsuranceLimitedAFSLicenceNo.234708ABN15000122850of2MarketStreet,Sydney,NSW,2000.

The Underwriting AgencyGlobalTransport&AutomotiveInsuranceSolutionsPtyLtd(GTInsurance)AFSLicenceNo.240714ABN93069048255ofLevel6,55ChandosStreet,StLeonardsNSW2065isanunderwritingagencywhichspecialisesinarranginginsuranceinrespectofMotorVehiclesandMobilePlant.GTInsuranceactsastheagentofAllianztomarket,solicit,offer,arrangeandadministertheinsurance.GTInsurancehasabindingauthoritytoissue,varyandcancelthisinsuranceandtodealwithorsettleclaimsonbehalfofAllianz.IfYouneedinformationaboutthisinsuranceinthefirstinstance,contactGTInsurance.

Accident AssistGTInsuranceoffersemergencyresponse,AccidentcoordinationandsupportforYouandYourMotorVehiclesandMobilePlant24hoursaday,365daysayear.

GTAccidentAssistcanbecontactedattheir24hourcallcentretelephonenumber1800783251andoffersthefollowingbenefitstoYou:

• afterAccidentclaimsreportingservice;

• generalinformationrelatingtorepairersandoperatinghours;

• co-ordinationofalternativetransportandaccommodation;

• co-ordinationofafterAccidentcounsellingservicesifrequired;

• urgentmessagerelayservice.

GTAccidentAssistissuppliedbyCar-TrekAustraliaPtyLtdtradingasISSFirstResponse,ABN60506986136of10-14TowerCourt,NoblePark,MelbourneVic3174.

About this insuranceThisPolicydocumentisalsoaProductDisclosureStatement(PDS).APDSisadocumentrequiredbytheCorporationsAct2001andcontainsinformationdesignedtohelpYoudecidewhethertobuyit.

Thisisanimportantdocument.Youshouldreaditcarefullybeforemakingadecisiontopurchasethisinsurance.


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• allofthedocumentsthatmakeupthePolicy,includingtheScheduleandanyendorsementsorotherwrittenchangestothecoverWeissuetoYouwhichcontainspecificdetailsrelevanttoYouwhichcanaffectthecover.

HeadingsareprovidedforreferenceonlyanddonotformpartofYourPolicyforinterpretationpurposes.

Applying for coverWhenYouapplybycompletingOurapplicationprocessYouneedtoprovidetheinformationWerequiretodeterminewhethertoissueaPolicyandifso,onwhatterms,including(totheextenttheyareoptional):

• thecoversandbenefitsYouwant(includingthepropertyYouwishtocover):

• thelimitsYouwant;

• theperiodofcoverYouwant;

• whetherYouwantanythirdpartiestobenotedashavinganinterest;

• theExcessesthatYouwanttocontributeforcertainclaims;

• whetheranystandardtermsneedtobevaried(thismaybebywayofanendorsement).

WhereWeagreetoissueaPolicy,coverisprovidedonthebasis:

• thatYouhavepaidoragreedtopayUsthepremiumforthecoverprovided;

• oftheverbaland/orwritteninformationprovidedbyYouwhichmusthavebeengiveninaccordancewithYourDutyofDisclosure.

IfYoufailtocomplywithYourDutyofDisclosureorhavemadeamisrepresentationtoUs,WemaybeentitledtoreduceOurliabilityunderthePolicyinrespectofaclaimand/orWemaycancelthePolicy.IfYouhavetoldUssomethingwhichisfraudulent,WealsohavetheoptionofvoidingthePolicy(i.e.treatingitasifitneverexisted).

YourDutyofDisclosureandtheconsequencesofnon-disclosure,areprovidedundertheheadingYourDutyofDisclosure.

Our contract with YouWhereWeagreetoenterintoaPolicywithYouitisacontractofinsurancebetweenUsandYou(seethedefinitionofYoufordetailsofwhoiscoveredbythisterm).

ThePolicyconsistsof:

• thisdocumentwhichsetsoutthestandardtermsofYourcoveranditslimitations,

Forallenquiries,pleasecall:

GTInsuranceAFSLicenceNo.240714ACN069048255ABN93069048255Level6,55ChandosStreetStLeonardsNSW2065POBox507StLeonardsNSW1590Website:www.gtins.com.auPhone:(02)99668820Fax:(02)99668840

Summary of the available coversPart A – Loss or DamageThiscoverslossorDamagetoYourInsuredItems(s).

Part B – Liability to third partiesThiscoversYourlegalliabilitytopayforDamageorinjurycausedbyYourregisteredInsuredItem(s)(otherthaninjurycoveredbyaCTPPolicy).

Understanding Your Policy and its important terms and conditionsToproperlyunderstandYourPolicy’ssignificantfeatures,benefitsandrisks,Youneedtocarefullyreadabouttheavailabletypesofcover,benefitsandlimitations.Youalsoneedtoread:

• therestofthisIntroduction,whichsetsouthowYouapplyforcover,thebasisonwhichWeinsureYou,theDutyofDisclosureYouneedtomeetbeforeWeinsureYou,OurPrivacyinformationandOurdisputeresolutionprocedures;

• theDefinitions,whichsetsoutwhatWemeanbycertainwordsusedinYourPolicy;

• theExcesswhichsetsoutthetypeofExcessesthatareapplicabletoPartsAandBofthisPolicy;

• theGeneralExclusions,theSpecificExclusionsapplicabletoPartAandtheSpecificExclusionsapplicabletoPartBandthelimitsthatapplytoallcoversandbenefits;

• theGeneralConditionsandtheSpecialConditionsapplicabletoPartAsetoutcertaingeneralrightsandobligationsthatapplytoYouandtoUs.IfYoudonotmeetYourobligations,WemaybeabletorefusetopayYouormayreducewhatWepayforaclaimtotheextentpermittedbylaw;

• theClaimsProcedureswhichdetailwhatYoushoulddoifYoubecomeawareofanEventthatmayresultinYoumakingaclaim;


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• YourcurrentScheduleissuedbyUs.TheScheduleisaseparatedocumentwhichshowstheinsurancedetailsrelevanttoYou.Itmayincludeadditionalterms,conditionsandexclusionsrelevanttoYouthatamendthestandardtermsofthisdocument.OnlythosesectionsspecifiedascoveredinYourScheduleareinsured;and

• anyotherchangetothetermsofthePolicyotherwiseadvisedbyUsinwriting(suchasanendorsement).ThesewrittenchangesmayvaryormodifythisdocumentorYourSchedule.

Theseareallimportantdocumentsandshouldbecarefullyreadtogetherandkeptinasafeplaceforfuturereference.

WeprovidethecoverspecifiedinthePolicysubjecttoitsterms,conditions,exclusionsandlimitations.

Wereservetherighttochangethetermsofthisinsurancewherepermittedtodosobylaw.

AnyneworreplacementScheduleWemaysendYou,detailingchangestoYourinsuranceorthePeriodofInsurance,willbecomethecurrentSchedule,whichYoushouldcarefullyreadandretain.

PremiumWecalculateYourpremiumaftertakingavarietyoffactorsintoaccount:

• somefactorsarepresete.g.costsofdistributionandprofitcomponent.OtherfactorscanaffecttheamountofYourpremium.ThehigherYourriskprofileis,thehigherYourpremium.UsingOurexperienceWedecidewhatfactorsincreaseYourriskprofileandtheirimpactonYourpremiume.g.IfYouselecthigherlimits,chooselowExcessesorhaveahighclaimsexperience,Yourpremiumusuallyincreases.IfYouselectlowerlimits,choosehigherExcessesorYourclaimsexperienceislow,Yourpremiumusuallyreduces;

• YourpremiumalsoincludesamountsthattakeintoaccountOurobligation(actualorinsomecasesestimated)topayanyrelevantcompulsorygovernmentcharges,taxesorlevies(e.g.StampDuty,GSTandFireServicesLevy)inrelationtoYourPolicy.InsomecasesWearerequiredtopayanestimatedamountbasedoncriteriasetbytheGovernment.Insuchcases,WeallocatetothePolicyOurestimateoftheamountWewillberequiredtopay.Wemayeitherover-recoverorunder-recoverinanyparticularyearandnoadjustmentismadetoYourpremiumbyreferencetothis.Wemaytakeintoaccounttheunderorover-recoveryforOurcalculationoftheallocationtopoliciesinfutureyears.YoucanaskUsformoredetailsifYouwish.

Minimumpremiumsmayapply.Insomecases,discountsmayapplyifYoumeetcertaincriteriaWeset.Anydiscounts/entitlementsonlyapplytotheextentanyminimumpremiumisnotreached.IfYouareeligibleformorethanone,Wealsoapplyeachoftheminapredeterminedordertothepremium(excludingtaxesandGovernmentcharges)asreducedbyanypriorapplieddiscounts/entitlements.AnydiscountswillbeappliedtothebasepremiumcalculatedpriortoanytaxesorGovernmentchargesbeingadded.

Discountsareavailableatthetimeofprintingandaresubjecttochange.

WemayalsochargeYouaPolicyfeewhichwillbeshowninYourSchedule.ThePolicyfeeischargedforarrangingtheissueofYourPolicy.

WhenYouapplyforthisinsurance,Youwillbeadvisedofthetotalpremiumamountpayable,whenitneedstobepaidandhowitcanbepaid.ThisamountwillbesetoutintheSchedule,whichwillbesenttoYouafterthePolicycommencementdate.IfYoufailtopayWemayreduceanyclaimpaymentbytheamountofpremiumowingand/orcancelthePolicy.

Your obligation to comply with the Policy terms and conditionsYouarerequiredtocomplywiththetermsandconditionsofthePolicy.PleaserememberthatifYoudonotcomplywithanytermorcondition,Wemay(totheextentpermittedbylaw)declineorreduceanyclaimpaymentand/orcancelYourPolicy.

IfmorethanonepersonisinsuredunderthePolicy,afailureorwrongfulactionbyoneofthosepersonsmayadverselyaffecttherightsofanyotherpersoninsuredunderthePolicy.

How to make a claimDetailsabouthowtomakeaclaimareprovidedinthisdocumentundertheClaimsProceduresection.

Cooling off periodYoucanexerciseYourcoolingoffrightsandcancelthePolicywithin14daysofthedateYoupurchasedthePolicyandreceivearefundofthepremiumpaid,providedYouhavenotexercisedanyrightorpowerunderthePolicy(e.g.madeanyclaim)andtheserightsandpowershavenotended.

WemaydeductanyreasonableadministrativeandtransactioncostsincurredbyUsthatarereasonablyrelatedtotheacquisitionandterminationofthePolicyandanyGovernmenttaxesordutiesWecannotrecover,fromYourrefundamount.


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Afterthecoolingoffperiodhasended,Youstillhavecancellationrights,howeverWemaydeductaprorataproportionofthepremiumfortimeonrisk,plusanyreasonableadministrativecostsandanyGovernmenttaxesordutiesWecannotrecover.SeeCancellationrightsunderYourPolicybelow.

Cancellation rights under Your PolicyHow You may cancel this Policy

YoumaycancelthisPolicyatanytimebytellingUsinwritingthatYouwanttocancelit.YoucandothisbygivingthenoticetoYourbrokerorUs.

WherethereismorethanonecontractinginsuredWewillonlycancelthePolicywhenawrittenagreementtocancelthePolicyisreceivedfromallcontractinginsured’snamedastheinsuredorfromapersonauthorisedtoactasagentofallsuchpersons.

How We may cancel this Policy

WehavetherighttocancelthePolicywherepermittedbyandinaccordancewithlaw.Forexample,Wemaycancel:

• ifYoufailedtocomplywithYourDutyofDisclosure;or

• whereYouhavemadeamisrepresentationtoUsduringnegotiationspriortotheissueofthePolicy;or

• whereYouhavefailedtocomplywithaprovisionofthePolicy,includingthetermrelatingtopaymentofpremium;or

• whereYouhavemadeafraudulentclaimunderthePolicyorundersomeothercontractofinsurancethatprovidescoverduringthesameperiodoftimethatthePolicycoversYou,

andWemaydosobygivingYouthreedaysnoticeinwritingofthedatefromwhichthePolicywillbecancelled.ThenotificationmaybedeliveredpersonallyorpostedtoYouattheaddresslastnotifiedtoUsordeliveredtoYourintermediary.

IfYouorWecancelthePolicyWemaydeductaprorataproportionofthepremiumfortimeonrisk,reasonableadministrativeandtransactioncostsWeincurrelatedtotheacquisitionandterminationofthePolicyandanyGovernmenttaxesordutiesWecannotrecover.

IntheeventthatYouhavemadeaclaimunderthePolicyandWehaveagreedtopaythefullSumInsuredforYourInsuredItem,noreturnofpremiumwillbemadeforanyunusedportionofthepremiumontheInsuredItem.

Premium funders

IfthepremiumhasbeenfundedbyapremiumfundingcompanywhichholdsalegalrightoverthePolicybyvirtueofanoticeofassignmentand/orirrevocablepowerofattorney,andthepremiumfundingcompanyrequestscancellationofthePolicy,arefundwillbemadetothepremiumfundingcompanyoftheproportionatepartofthepremiumapplicabletotheunexpiredPeriodofInsurance.

Your Duty of DisclosureBeforeYouenterintothisinsurancewithUs,YouhaveadutyofdisclosureundertheInsuranceContractsAct1984.

TheActimposesadifferentdutythefirsttimeYouenterintoacontractofinsurancewithUstothatwhichapplieswhenYouvary,extendorreinstatethecontract.

Thisdutyofdisclosureappliesuntilthecontractisenteredinto(orvaried,extendedorreinstatedasapplicable).

Your Duty of Disclosure when You enter into the contract with Us for the first time

WhenansweringOurspecificquestionsthatarerelevanttoOurdecisionwhethertoaccepttheriskoftheinsuranceand,ifso,onwhatterms,YoumustbehonestanddisclosetoUsanythingthatYouknowandthatareasonablepersoninthecircumstanceswouldincludeinanswertothequestions.

ItisimportantthatYouunderstandYouareansweringOurquestionsinthiswayforyourselfandanyoneelsethatYouwanttobecoveredbythecontract.

Your Duty of Disclosure when You vary, extend or reinstate the contract

WhenYouvary,extendorreinstatethecontractwithUs,YourdutyistodisclosetoUseverymatterthatYouknow,orcouldreasonablybeexpectedtoknow,isrelevanttoOurdecisionwhethertoaccepttheriskoftheinsuranceand,ifso,onwhatterms.

What You do not need to tell Us

Yourdutyhoweverdoesnotrequiredisclosureofanymatter:

• thatdiminishestherisktobeundertakenbyUs;or

• thatisofcommonknowledge;or

• thatWeknowor,intheordinarycourseofOurbusinessasaninsurer,oughttoknow;or

• astowhichcompliancewithYourdutyiswaivedbyUs.

Non-disclosure

IfYoufailtocomplywithYourDutyofDisclosure,WemaybeentitledtoreduceOurliabilityunderthecontractinrespectofaclaim,cancelthecontractorboth.

IfYournon-disclosureisfraudulent,Wemayalsohavetheoptionofavoidingthecontractfromitsbeginning.

Privacy noticeWegiveprioritytoprotectingtheprivacyofYourpersonalinformation.WedothisbyhandlingpersonalinformationinaresponsiblemannerandinaccordancewiththePrivacyAct1988(Cth).InthisPrivacyNotice,We,Our,UsmeansGlobalTransport&AutomotiveInsuranceSolutionsPtyLtdandAllianzAustraliaInsuranceLimited.


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How We collect Your personal information

WeusuallycollectYourpersonalinformationfromYouorYouragents.WemayalsocollectitfromOuragentsandserviceproviders;otherinsurersandinsurancereferencebureaus;peoplewhoareinvolvedinaclaimorassistUsininvestigatingorprocessingclaims,includingthirdpartiesclaimingunderYourPolicy,witnessesandmedicalpractitioners;thirdpartieswhomaybearranginginsurancecoverforagroupthatYouareapartof;lawenforcement,disputeresolution,statutoryandregulatorybodies;marketinglistsandindustrydatabases;andpubliclyavailablesources.

Why We collect Your personal information

WecollectYourpersonalinformationtoenableUstoprovideOurproductsandservices,includingtoprocessandsettleclaims;offerOurproductsandservicesandthoseofOurrelatedcompanies,brokers,intermediariesandbusinesspartnersthatmayinterestYou;andconductmarketorcustomerresearchtodeterminethoseproductsorservicesthatmaysuitYou.

Who We disclose Your personal information to

WemaydiscloseYourpersonalinformationtootherswithwhomWehavebusinessarrangementsforthepurposeslistedintheparagraphaboveortoenablethemtooffertheirproductsandservicestoYou.Thesepartiesmayincludeinsurers,intermediaries,reinsurers,insurancereferencebureaus,relatedcompanies,Ouradvisers,personsinvolvedinclaims,externalclaimsdatacollectorsandverifiers,partiesthatWehaveaninsuranceschemeinplacewithunderwhichYoupurchasedYourPolicy(suchasafinancierorMotorVehiclemanufacturerand/ordealer).DisclosuremayalsobemadetoGovernment,lawenforcement,disputeresolution,statutoryorregulatorybodiesorasrequiredbylaw.

Disclosure overseas

YourpersonalinformationmaybedisclosedtoothercompaniesintheAllianzGroup,businesspartners,reinsurersandserviceprovidersthatmaybelocatedinAustraliaoroverseas.Thecountriestowhichthisinformationmaybedisclosedwillvaryfromtimetotime,butmayincludeCanada,Germany,NewZealand,UnitedKingdom,UnitedStatesofAmericaandothercountriesinwhichtheAllianzGrouphasapresenceorengagessubcontractors.WeregularlyreviewthesecurityofOursystemsusedforsendingpersonalinformationoverseas.Anyinformationdisclosedmayonlybeusedforthepurposesofcollectiondetailedaboveandsystemadministration.

Access to Your personal information and complaints

YoumayaskforaccesstothepersonalinformationWeholdaboutYouandseekcorrectionbycalling(02)99668820EST8.45am-5pm,MondaytoFriday,orbywritingtoUsatGTInsurance,POBox507,StLeonardsNSW2065.OurPrivacyPolicycontainsdetailsabouthowYoumaymakeacomplaintaboutabreachoftheprivacyprinciplescontainedinthePrivacyAct1988(Cth)andhowWedealwithcomplaints.OurPrivacyPolicyisavailableatwww.gtins.com.auandwww.allianz.com.au.

General Insurance Code of PracticeTheGeneralInsuranceCodeofPracticewasdevelopedbytheInsuranceCouncilofAustraliatofurtherraisestandardsofpracticeandserviceacrosstheinsuranceindustry.WekeenlysupportthestandardssetoutintheCode.YoucanobtainmoreinformationontheCodeofPracticeandhowitassistsYoubycontactingUs.

Complaints – Internal and external complaints procedureIfYouaredissatisfiedwithOurserviceinanywaycontactUsandWewillattempttoresolvethematterinaccordancewithOurcomplaintshandlingprocedures.ToobtainacopyofOurprocedurescontactUson(02)99668820orvisitwww.gtins.com.au.IfWedon’tresolvethemattertoYoursatisfactionYoumaybeabletoreferittotheFinancialOmbudsmanServiceAustralia(FOS)subjecttoitstermsofreference.Itprovidesafreeandindependentdisputeresolutionserviceforconsumerswhohavegeneralinsurancedisputesfallingwithinitstermsofreferenceanditscontactdetailsare:

TheFinancialOmbudsmanServiceAustraliaPhone:1800367287Post:GPOBox3,Melbourne,Victoria3001Website:www.fos.org.au

Renewal procedureBeforeYourPolicyexpires,WewilladviseYouwhetherWeintendtoofferrenewalofYourPolicyandifsoonwhatterms.

ThisdocumentalsoappliesforanyofferofrenewalWemaymake,unlessWetellYouotherwise.

IfWeofferrenewal,WewillsendYouanoticeadvisingtherenewaltermsandtheamountpayabletorenewthePolicy.

ItisimportantthatYoucheckthetermsofanyrenewalofferbeforerenewingtosatisfyyourselfthatthedetailsarecorrect.Inparticular,checktheSumInsuredamountsandExcess(es)applicableandtoensurethelevelsofcoverareappropriateforYou.YoualsoneedtotakeintoaccountanyunderinsuranceprovisionsofthePolicy.

PleasenotethatYouneedtocomplywithYourDutyofDisclosurebeforeeachrenewal(seeabove).


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Terrorism Insurance ActWehavedeterminedthatthePolicy(orpartofit)isaPolicytowhichtheTerrorismInsuranceAct2003(theAct)applies.WehavereinsuredOurliabilityundertheActwiththeCommonwealthGovernmentreinsurer,theAustralianReinsurancePoolCorporation(ARPC).Asaconsequence,WearerequiredtopayapremiumtoARPCandthatamount(togetherwiththecostofthatpartofthecoverprovidedbyUsandadministrativecostsassociatedwiththelegislation)isreflectedinthepremiumchargedtoYou.AswithanyotherpartofOurpremium,itissubjecttoGovernmenttaxesandchargessuchasGST,StampDutyand,whereapplicable,FireServiceLevy.ForfurtherinformationcontactGlobalTransport&AutomotiveInsuranceSolutionsPtyLtdorYourintermediary.

Financial Claims SchemeIntheunlikelyeventthatAllianzAustraliaInsuranceLimitedweretobecomeinsolventandcouldnotmeetitsobligationsunderthePolicy,apersonentitledtoclaimunderthePolicymaybeentitledtopaymentundertheFinancialClaimsScheme(accesstotheSchemeissubjecttoeligibilitycriteria).InformationabouttheFinancialClaimsSchemecanbeobtainedfromtheAPRAwebsiteathttp://www.apra.gov.auandtheAPRAhotlineon1300558849.

DefinitionsThesedefinitionshavespecialmeaningandapplytoallSectionsofYourPolicy,unlesstheyaredefineddifferentlyintherelevantSection.

Accident meansanunexpected,unforeseenorunintendedincidentinvolvingYourInsuredItem.

Accidental Damage meansDamageastheconsequenceofanAccident.

Agreed Value meanstheamountspecifiedintheScheduleastheAgreedValue(ifapplicable)forYourInsuredItem.WewillpayYoutheAgreedValueamountifYourInsuredItemisdeemedtobeaTotalLossbyUs.

Airfield,Airport meansanareaoflandsetasideforthetakeoff,landing,taxiing,parkingandmaintenanceofaircraft.

Damage(d) meansphysicallossordestruction.

Dry Hire(d) meansthatYouhireYourInsuredItemtoanotherpersonbutYoudonotsupplyanEmployeetodriveoroperateYourInsuredItem.

Dangerous Goods meanssubstancesormaterialscodifiedundertheAustralianDangerousGoodsCode(ADGCode)fortheirtransportationasdefinedintheCode(s)anddiesel.

Employee orEmployees meansanyperson(s):

a) engagedinthebusinessunderacontractofserviceorapprenticeship;or

b) suppliedtoYoubyacontractoflabourhire.

Event(s) meansoneincidentorallincidentsofaseriesconsequentuponorattributabletooneoriginatingcause.

Excess(es) meanseithertheamount(s)ofmoneyspecifiedintheScheduleorotherwisestatedinYourPolicythatYoumustcontributeasthefirstpaymentforeachclaim,ortheperiodspecifiedintheScheduleorotherwisestatedinYourPolicyforwhichnopaymentwillbemadebyUs.

Family Member meansanypersonwhoisorwasatanytime:

a) Yourparent,siblingorchild;

b) Yourspouse,spouseequivalent,domesticpartnerordomesticcompanion;or

c) aparent,siblingorchildofapersoninclauseb.above.

Aspouseequivalentmeansaperson,whetherofthesamesexornot,whoordinarilyliveswithYouinagenuinepersonalanddomesticrelationshipsimilartotherelationshipofhusbandandwife.

GVM meansGrossVehicleMasswhichisthetotalweightoftheMotorVehicleincludingthebody,payload,fuelandthedriver.

Indemnity orIndemnify meansthatifthereisDamagedirectlycausedbyanyoftheEventscovered,WewillatOuroptionpayYouinaccordancewiththeBasisofSettlementapplicabletotherelevantSection.

Insured Item meansMotorVehicleand/orMobilePlantasotherwisedefinedwithinthisDefinitionsection.

Malicious Damage meansintentionalDamagedonetoYourInsuredItembysomeoneelsewithoutYourconsent.

Market Value meansthevalueofYourInsuredItemimmediatelypriortothelossorDamageusingmarketpricesexclusiveofGST,stampdutyandtransferfeesandtakingintoconsiderationthemake,model,specificationsandconditionofYourInsuredItem.

Mobile Plant meansanyselfpropelledappliance,equipment,machineryorimplementincludingassociatedtools,components,fittingsandaccessoriesandthatisnotdesignedprimarilyforthetransportationofpeopleorcargoonpublicroadsandthoroughfares.

ItalsoincludesanyassociatedattachmentfortheMobilePlantthat:

a) isdescribedinYourSchedule;

b) ispermanentlyattachedtotheMobilePlant;or

c) hasaMarketValuenogreaterthan10%oftheMobilePlantSumInsured.

Italsoincludeshiredinornon-ownedMobilePlantascoveredbyOptionalBenefitEC122butdoesnotincludeMotorVehiclesorVehicleLoadingCranesasotherwisedefinedwithinthisDefinitionsection.


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Motor Vehicle(s) meanstheMotorVehicle(s)and/ortrailer(s),specifiedinYourScheduleorotherdocumentsformingYourPolicy,including:

a) sign-writing;and

b) accessoriescomprisingrefrigerator,radio,CBradio,CDplayer,DVDplayer,telephone,TVreceiverandGPSreceiverbutallonlywhilstattachedtoorwithinYourMotorVehicle;and

c) standardtools,accessoriesandappliancesassuppliedbytheMotorVehiclemanufacturer;and

d) ramps,ropes,binders,chains,chaindogs,pogosticks,tarpaulins,gates;and

e) fixedunspecifiedaccessories.

ThemaximumWewillpayforitemsunderd)ande)islimitedto$10,000inclusivetoandnotoverandabovetheMarketValue,perEvent,perMotorVehicle,unlessotherwisespecifiedinYourPolicySchedule;and

f) anyotheragreedaccessoriesorequipmentfittedtoYourMotorVehiclewhicharespecifiedinYourScheduleorotherwisespecificallycoveredbyYourPolicy.

ItdoesnotincludeMobilePlantasotherwisedefinedwithinthisDefinitionsection.

Optional Benefit meanstheendorsement(s)orclausesdescribedundertheOptionalBenefitssectionofthisPolicy.OptionalBenefitsarenotapplicableunlesstheyareshownasbeingapplicableinYourSchedule.

Optional Conditions meanstheendorsement(s)orclausesdescribedundertheOptionalConditionssectionofthisPolicy.OptionalConditionsarenotapplicableunlesstheyareshownasbeingapplicableinYourSchedule.

Period of Insurance meanstheperiodcommencingontheeffectivedateandendingontheexpirydateasshownintheSchedule.

Policy meansthisdocument,theSchedule,Proposalandanyendorsement,OptionalCondition,OptionalBenefit,restriction,specification,attachmentormemorandaaffixedtoitandanyotherdocumentthatWeagreeinwritingwillformpartofthePolicy.

Pollutants meansanysolid,liquid,gaseous,orthermalirritantorcontaminantincludingbutnotlimitedtosmoke,vapour,soot,fumes,acid,alkalis,chemical,asbestosorwastematerial.

Proposal meanstheapplicationformcompletedbyYouoronYourbehalf,includinganyon-lineapplication,andinwhichYouprovidedtheinformationuponwhichWereliedindecidingtoissueYouwithYourPolicy.

Schedule meansthemostcurrentScheduletoYourPolicythatWegiveYouwhichspecifiesdetailssuchasthecoversectionsthatapply,includingOptionalBenefits,OptionalConditions,restrictions,Policynumber,relevantInsured

Items,SumInsuredsorAgreedValues(ifapplicable),Excess(es),limitsofIndemnity,sublimits,additionalendorsementsand/orconditionsandpremium.ItalsoincludesanydocumentsthatWeandYouagreeinwritingwillformpartoftheSchedule.

Substitute Vehicle meansavehiclenotbelongingtoYouwhichisusedbyYouwiththeconsentoftheownerwhilstYourInsuredItemcannotbeusedbecauseitisundergoingrepairorservice.

Sum Insured meanstheamount(s)statedinYourPolicyScheduleandisthemaximumamountWewillpay,lessanyapplicableExcess(es).

Territorial Limits meansthatgeographicalareaanywherewithinAustraliaorNewZealandunlessstatedotherwisewithinanindividualcoversection.

Time Excessmeansaperiodof14dayswherethereisnocoverprovidedfromthetimeYounotifyUsoflossorDamage.

Total Loss meanswhereYourInsuredItemisstolenandnotrecoveredwithinareasonableperiodoftime,orsufferslossorDamageandWeconsiderthecostofrepairingitiseitherunsafeoruneconomical.

Total Loss Amount means:

a) thelesseroftheMarketValueorSumInsuredofYourInsuredItem;or

b) theAgreedValueamountspecified(ifapplicable)forYourInsuredItem,

LessthecumulativeamountofanyapplicableExcesses.

Vehicle Loading Crane meansacranethatismountedtoYourMotorVehiclefortheexpresspurposeofloadingorunloadinggoodsfromthatMotorVehicle.

ItdoesnotincludeMobilePlantasotherwisedefinedwithinthisDefinitionsection.

Wet Hire meansthatYouhireYourMobilePlanttoanotherpartywithYourEmployeetodriveandoperateYourMobilePlant.

We, Us,Our meansAllianzAustraliaInsuranceLimitedAFSLicenceNo.234708ABN15000122850exclusivelythroughitssubsidiaryandunderwritingagentGlobalTransport&AutomotiveInsuranceSolutionsPtyLtdAFSLicenceNo240714ABN93069048255.

You orYour referstothosenamedastheinsuredinYourPolicyScheduleandtheirsubsidiarycompaniesandotherentitiesinwhichtheyhaveacontrollinginterestatthecommencementofthePeriodofInsuranceandotherthirdpartiesorpersonswhoarespecificallyprovidedwithcoverunderthePolicy.


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(i) aged25oroverbutwithlessthan2yearsexperiencewiththisclassofMotorVehicle–$5,000.

d) IfYourMobilePlantwasbeingdriven,operatedbyorwasinthecontrolofapersonassetoutbelow,thefollowingadditionalExcessperclaimshallapply;

(i) under21yearsofage–$1,000;

(ii) aged21andunder25yearsofage–$500.

Tipping Excess

IfYourMotorVehicleisarigidbodytipper,atippingtraileroratrailerdesignedwithhydraulicstoselfloadorunloadanytypeofgoodsandlossorDamageoccurswhilstanyhoist,ramorstabilizinglegispartiallyorfullyextendedthebasicExcesspayablebyYouwillbeincreasedby100%(doubled).

Outside Radius Excess

IfYourMotorVehicleisabusorcoach,articulatedorgoodscarryingvehicleof8tonnesGVMorgreaterandisbeingdrivenoutsidetheradiuslimitshownintheScheduletheExcesspayablebyYouwillbeincreasedby100%(doubled).

Trailer Excess – Liability to third parties

IfYourliabilityarisesfromatrailerbeingtowed,YouwillcontributethecumulativeamountofapplicableExcess(es)inrespectofthetowingMotorVehicle.

Non-owned Trailer Excess

IfYourInsuredItemisatrailerandissubjecttoaclaimunder:

a) AdditionalBenefitapplicabletoPartB6.Non-ownedTrailer(Liability);or

b) OptionalBenefitEC104Non-ownedTrailer(Liability);or

c) OptionalBenefitEC112Non-ownedTrailer(Comprehensive),

thenabasicExcessof$2,500pertrailershallapplyunlessotherwisespecifiedintheSchedule.

Harvester Terrain Excess

IfYourMobilePlantisaharvester,front,headerordraperanExcessof$10,000willapplyinadditiontoanyotherExcesspayableforanyclaimforlossorDamagearisingfromcollisionorimpactwithterrainincluding,butnotlimitedto,rocks,vegetation,fences,trees,treestumps,logsandgroundundulations.

However,thisHarvesterTerrainExcesswillnotapplyifatthetimeofthelossorDamageYourMobilePlantwasbeingusedonpropertythatYouownorlease.

ExcessExcesses applicable to Parts A and BExcessesareshowninYourPolicyandSchedule.YoumayberequiredtopaymorethanoneExcess.AllExcessesarecumulativeandapplytoeachandeveryInsuredItemforeachandeveryEvent,unlessWestateotherwise.

ThecumulativeamountoftheapplicableExcessesistheamountYoumustcontributeasthefirstpaymentforeachclaim.WewillonlypayforamountsabovethecumulativeamountoftheapplicableExcessesYouarerequiredtopay.

RequestorpaymentofanyExcessamountshouldnotberegardedasanacceptanceofliabilityforaclaimunderthePolicy.

Basic Excess

ThebasicExcessisshownintheScheduleandisthefirstamountYoumustcontributetoeachclaim.OtherExcessesmayapplyinadditiontothebasicExcess.TheseadditionalExcessesareshowninfollowingand/orintheSchedule.

Age or Inexperienced Driver’s Excess

a) IfYourMotorVehicleisabus,sedan,stationwagon,utilityorothergoodscarryingvehiclelessthan8tonnesGVMandwasbeingdrivenbyorwasinthecontrolofapersonassetoutbelow,thefollowingadditionalExcessperclaimshallapply:

(i) under21yearsofage–$700;or

(ii) under21yearsofagewithlessthan2yearsexperience–$1,000;or

(iii) aged21andunder25yearsofage–$350;or

(iv) aged21andunder25yearsofagewithlessthan2yearsexperience–$650;or

(v) aged25yearsoroverwithlessthan2yearsexperience–$300.

b) IfYourMotorVehicleisabusorcoachorarigidtruckof8tonnesGVMorgreaterandwasbeingdrivenbyorwasinthecontrolofapersonassetoutbelow,thefollowingadditionalExcessperclaimshallapply:

(i) aged21oroverbutwithlessthan6monthsexperiencewiththisclassofMotorVehicle–$2,500;or

(ii) aged21yearsandunder25yearsofagewithmorethan6monthsexperiencewiththisclassofMotorVehicle–$500.

c) IfYourMotorVehicleisaprimemoverandwasbeingdrivenbyorwasinthecontrolofapersonassetoutbelow,thefollowingadditionalExcessperclaimshallapply:


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Other Excess

TheremaybeotherExcessesthatapplytoanOptionalBenefit,OptionalConditionoradditionalendorsementsorconditions.TheseExcesses,ifapplicable,willbeshownintheapplicablewordinginthisPolicyorintheSchedule.

Faultless Excess Waiver

IfYourMotorVehicleisasedan,stationwagon,4WD,busorcoachorothergoodscarryingvehicleoflessthan8tonnesGVMandtheamountoftheclaimexceedsthecumulativeamountoftheapplicableExcesses,YouwillnotberequiredtopayanyExcessforaclaimif:

a) WedeterminethattheAccidentwhichgaverisetotheclaimwascompletelythefaultofthedriveroftheothervehicle;and

b) Youhavesuppliedthenameandaddressofthatdriver;and

c) Youhavesuppliedtheregistrationnumberoftheothervehicle.

ThisExcesswaiverprovisionwillnotapplywhereWereasonablybelievethereisanydisputeordisagreementastothepartyliablefortheAccident.

Windscreen Excess Waiver

IfYourMotorVehicleisasedan,stationwagon,4WD,utilityorothergoodscarryingvehicleoflessthan4.5tonnesGVMandtheonlyDamagetoYourMotorVehicleistothewindscreenorotherfixedglass,YouwillnotberequiredtopayanyExcess.

The CoverSubjecttothetermsandconditionsofthisPolicythefollowingcoveroptionsareavailable:

1. PartA–LossorDamage;and

2. PartB–Liabilitytothirdparties

Part A – Loss or DamageScope of cover

WhereYourInsuredItemisshownintheScheduleasinsuredforcoveroptionPartAWewillcoverYouinaccordancewiththeBasisofSettlementfor:

a) AccidentalDamagetoYourInsuredItemincludingDamagecausedbyfloodorearthquake;

b) lossortheftofYourInsuredItemwhereYourInsuredItemisnotrecoveredorrecoveredDamaged;

c) MaliciousDamagetoYourInsuredItem;

thatoccursduringthePeriodofInsuranceandwithintheTerritorialLimits.

Basis of settlement applicable to Part A

SubjecttotheapplicableExcess(es),ConditionsandExclusions,WewillatOuroption:

Repair

IfYourInsuredItemisDamagedandWeconsideritsafeandeconomicaltorepair,WewillpayforthereasonablecoststorepairYourInsuredItemtoitsconditionbeforeitwasDamaged.

Total Loss

IfYourInsuredItemisaTotalLossWewill,

a) paytheMarketValueorSumInsuredfortheInsuredItem,whicheveristhelesser;or

b) replaceYourInsuredItem;or

c) whereYourSchedulespecifiesanAgreedValueforYourInsuredItem,paytheAgreedValueasspecifiedintheSchedule.

Contribution

If,inthecourseofrepairingYourInsuredItemitisnecessarytorepairittoabetterconditionthanitwasinbeforethelossorDamageoccurred,WemayaskYoutocontributetheadditionalamount,abovetheamountwhichWereasonablybelieverepresentstheamounttorepairittothesamecondition,thatisrequiredtorepairittothebettercondition.


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c) OptionalBenefitEC122HiredinandNon-ownedMobilePlant.

3. Delivery expenses

IfYourInsuredItemsufferslossorDamageorifitisstolenandrecoveredundamaged,WewillpaythecostofreturningYourInsuredItemtoYouatYourusualplaceofgaragingordepot.

ThemaximumWewillpayislimitedto$25,000perEvent.

4. Difference in Excess for rental vehicles

WhereYourentasedan,stationwagon,utilityor4WDinconnectionwithYourbusinessandtherentalagreementprovidesalossorDamagewaiver,WewillcoverthedifferencebetweenYourPolicyExcessesandtheexcessapplicableunderthetermsandconditionsoftherentalagreement.

ThemaximumWewillpayislimitedto$5,000.

5. Disablement modification

WewillpaythereasonablecoststocarryoutanynecessarymodificationstoYourMotorVehicleshouldYouorYourEmployee,asofaresultofanAccidentcoveredbyPartAofthisPolicy,sufferanypermanentdisabilitiesrequiringsuchmodifications.


6. Dry Hire Difference in Conditions – Mobile Plant

NotwithstandingGeneralExclusion7.Hireoutofvehicles(DryHire),ifatthetimeofanAccidentYourMobilePlantwasDryHiredoutandYoudidnotreleasefromliabilitynorwaiveYourrightstorecoverfromthehirer,eitherbyverbalorwrittenagreement,foranylossorDamagethehirerincurs,and:

a) thehirerofYourInsuredItemfailedtoarrangeandmaintainacurrentinsurancepolicycoveringtheMobilePlantforlossorDamage;or

b) thecoverageprovidedbythehirer’sinsurancepolicywasnotasextensiveasthecoverageprovidedunderPartAofthisPolicy;or

c) thehirerdidnotholdtherelevantlicenceorticketrequiredtodriveoroperateYourMobilePlantandYoucouldnotreasonablyhaveknownthatthehirerdidnotholdsuchlicenceorticket;or

d) thehirerwasundertheinfluenceofalcoholordrugsandYoucouldnotreasonablyhaveknownthatthehirerwasundertheinfluence;or

e) thehirerdeliberatelyorrecklesslyoverloadedorincorrectlyloadedyourMobilePlant,

thenWewillpayforlossorDamagearisingfromthedifferenceincoverprovidedbysuchotherpolicyandthecoverprovidedbythisPolicy.

Limit of Indemnity applicable to Part AWewillnotpaymorethantheSumInsured,MarketValueorAgreedValueinaccordancewiththeBasisofSettlementinrespectofanyoneInsuredItemforanyoneclaimmadeduringthePeriodofInsuranceplusanyAdditionalBenefitsWehaveagreedtopay.

OurliabilityforlossorDamageunderthisPartAtoanynumberofMotorVehiclesandMobilePlantarisingfromoneEventdoesnotexceed$10,000,000inclusiveofanyAdditionalBenefits,appliedOptionalBenefits,andendorsementsunlessspecifiedotherwiseinYourSchedule.

Additional benefits applicable to Part AThefollowingAdditionalBenefitsapplyifWehaveacceptedaclaimunderPartAofthisPolicy.

TheyareinadditiontotheLimitofIndemnityapplicabletoPartAunlessstatedotherwiseintheSchedule.

EachAdditionalBenefitwillspecifywhetheritappliestoMotorVehicle,MobilePlantorboth.

1. Additional Cost of Reinstatement

IftherequiredrepairstoYourMobilePlantnecessitateitbeingrepairedtoaconditionbetterthanitwaspriortothelossorDamageoccurringandindoingsoincuradditionalcost,inordertocomplywiththerequirementsofanyGovernmentlegislationorregulationtoallownormaluseoftheMobilePlant,thenWewillpaysuchadditionalcosts:

a) upto10%oftheSumInsuredofYourMobilePlant;or

b) $50,000,

whicheveristhelesser.

WewillnotpayforanyadditionalcostsincomplyingwithsuchGovernmentlegislationorregulationthatYouwererequiredtocomplywithpriortothelossorDamageoccurring.

2. Appreciation in Market Value

IfYourMobilePlantsufferslossorDamageasaresultofanAccidentWewillincreasetheSumInsuredofYourMobilePlantbyupto25%inaccordancewithit’sappreciationinvalueif:

a) WeagreethatitsMarketValuewasequaltoorlessthanit’sSumInsuredatthebeginningofthePeriodofInsuranceorifaddedsubsequently,atthetimeitwasaddedtoYourPolicy;and

b) WeagreethatitsMarketValueimmediatelypriortotheAccidentexceededit’sSumInsured.

ThisAdditionalBenefitwillnotapplyto:

a) lossorDamagecauseddirectlyorindirectlybytheftand/orfireotherthanfireresultingfromimpactDamage;or

b) tonon-ownedorhiredinMobilePlant;or


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7. Emergency temporary repairs

IfYourInsuredItemsufferslossorDamageWewillreimburseYouthecostsnecessarytoeffecttemporaryrepairstoYourInsuredItem.


8. Employees’ personal property

IfYourInsuredItemsufferslossorDamage,forwhichaclaimisacceptedunderPartAofthisPolicy,andYourEmployeesustainslossorDamagetotheirpersonaleffectsasaresultoftheEvent,WewillreimburseYourEmployeefortheirlossaftertheapplicationofanyapplicableExcesses.

Wewillreimbursethereplacementcostofthepersonaleffectstoamaximumof$2,500perEvent.

ThisAdditionalBenefitwillnotapplytocashornegotiablesecuritiesandwillnotapplyiftheonlyclaimunderthisPolicyisbyvirtueofthisAdditionalBenefitorAdditionalBenefitclause15KeysandLocks.

9. Employee psychological counselling

IfYourEmployeehasbeeninvolvedinanAccidentandaclaimhasbeenacceptedunderPartAofthisPolicyWewillpaythereasonablecostsforYourEmployeetoobtainprofessionalcounselling.

ThemaximumWewillpayislimitedto$5,000perEventandWewillnotpayanycostswhicharecoveredbyMedicare,astatutoryorcompulsoryinsurancescheme,privatehealthinsuranceorforwhichWearenotpermittedbylawtoprovide.

10. Expediting expenses

WhereaclaimhasbeenacceptedunderPartAofthisPolicyWeagreetopayfortheassociatedcostsandexpensesYouincurtoexpeditethepermanentrepairsofYourInsuredItem.

ThemaximumWewillpayislimitedto$10,000perEventor50%oftherepaircost,whicheveristhelesser.

11. First Aid Kit

IfYourInsuredItemsufferslossorDamageWewillpaythereasonablecosttorestockorreplaceanyfirstaidkitthatwasnecessarilyusedatthetimeoflossorDamage.

12. Funeral expenses

IfYourInsuredItemsufferslossorDamagethatdirectlycausesthedeathofthedriveroftheInsuredItemWewillpayforthefuneralexpensesofthedeceased.

ThemaximumWewillpayislimitedto$10,000perEventforanycostsinexcessofthatpayablebyanyaccidentcompensationauthority,medicalfundoranotherinsurancepolicy.

13. Hire of replacement vehicle (bus or coach)

IfYourMotorVehicleisabusorcoachandisunroadworthyduetoanAccidentorhasbeenstolenandaclaimhasbeenacceptedunderPartAofthisPolicythenWeagreetopayupto$600perdaytowardsthecostofhiringareplacementvehicleforuptoamaximumof20daysfromthedateofAccidentortheftwhilstYourMotorVehicleremainsunroadworthyorstolenprovidedareplacementvehicleisnotavailablefromwithinYourfleet.

IftherepairsarecompletedorpaymentofTotalLossismadebyUswithinthis20dayperiodthenthecoverunderthisAdditionalBenefitshallceaseatthattime.

14. Hire vehicle following theft

IfYourInsuredItemisstolenWewillreimburseYouforthecostofhiringavehicleforaperiodofupto30daysortothedateYourInsuredItemisrecovered,whicheveristhelesser.


15. Keys and locks

IfthekeysorlocksofYourInsuredItembecomelostorDamagedortherearereasonablegroundstosuspecttheyhavebeenduplicated,Wewillpaythecostofreplacingsuchkeysorlocks.

ThemaximumWewillpayislimitedto$10,000perEventandnoExcesswillapplyifthereisnootherlossorDamagetoYourInsuredItem.

16. Mobile Plant accessories

WewillpayforlossorDamagetounspecifiedaccessoriesthatwouldnormallyattachtoYourMobilePlanteveniftheyarenotattachedtoYourMobilePlantatthetimeoflossorDamage.

ThemaximumWewillpayislimitedto$10,000or10%oftheSumInsuredoftheMobilePlanttowhichtheywouldnormallyattach,whicheveristhelesserandforanyoneEvent.YoumustpayanExcessof$1,000foranyclaimWeacceptunderthisAdditionalBenefit.

Wewillnotpay:

a) morethantheSumInsuredifbothYourMobilePlantanditsaccessoriesareDamaged;and

b) unlessWearesatisfiedthattheSumInsuredofYourMobilePlantaccuratelyreflectstheMarketValueofYourMobilePlantincludingallofitsaccessories;or

c) forGPS,laserorotherguidanceequipmentwhethertheyareattachedornotattachedtoYourMobilePlantatthetimeoflossorDamage,unlessWehaveagreedinwritingtocoversuchequipmentandYouhavepaidanyadditionalpremiumthatWerequire.

Fortheavoidanceofdoubt,unspecifiedaccessoriesmeansaccessoriesthathavenotbeenspecifiedbyYouinYourdeclarationofMobilePlanttoUs.


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21. Repatriation/Accommodation Expenses

IfYourMotorVehiclesufferslossorDamagewhenitwasmorethan100kmsfromitsdepotorplaceofgaragingandYourMotorVehicleisunroadworthytodriveWewillreimburseYouthereasonablecost:

a) toreturnYourdriverandanynonpayingpassengertotheirdestinationorpointofdeparture;or

b) foremergencyovernightaccommodationforYourdriverandanynonpayingpassengers.


22. Retrieval Expenses – No Damage

IfYourInsuredItembecomesunintentionallyimmobilised,otherthanastheresultoflossorDamageotherwiseexcludedbythePolicy,WewillpaythecostsnecessarilyincurredbyYoufortherecoveryand/orretrievalofYourInsuredItem.

ThemaximumWewillpayislimitedto$50,000perEventandinanyonePeriodofInsurance.

YoumustpaytoUstheExcess(es)applicabletoYourInsuredItemforanyclaimacceptedbyUsunderthisAdditionalBenefit.

23. Reward Costs

IfYourInsuredItemisstolenWewillpayupto$5,000forarewardthatYouofferthatresultsintherecoveryofYourInsuredItemprovidedthatWehaveagreedinwritingtocovertherewardcostspriortotherewardbeingoffered.

24. Total Loss benefits

WhereWedeterminethatYourInsuredItemisaTotalLossoneofthefollowingbenefitsmaybeapplied.Intheeventthatmorethanonebenefitisoperative,Wewillonlyapplyonebenefit–beingthebenefitwiththehighestvalue.

24.1 Finance payout

IfYourInsuredItemisconsideredbyUstobeaTotalLossandtheamountowedbyYouunderaleaseorothervalidfinanceagreementisgreaterthantheTotalLossAmount,Wewill,paytheTotalLossAmount,plus:

a) foranInsuredItemwithaTotalLossAmountlessthan$500,000,uptoanadditional25%,limitedtothetotalamountowingundertheleaseorotherfinanceagreement;or

b) foranInsuredItemwithaTotalLossAmountof$500,000orgreater,uptoanadditional20%,limitedtothetotalamountowingundertheleaseorotherfinanceagreement;

Less,

a) anypaymentsand/oranyinterestinarrearsonthedateofthelossorDamage;and

17. Passengers baggage (bus or coach)

IfYourMotorVehicleisabusorcoachWewillpayforlossorDamagetopassenger’sbaggagewhilstbeingtransportedwithinYourbusorcoach.

ThisAdditionalBenefitwillnotcover:

a) theft,unlessthereisforcibleentrytoYoursecurelylockedMotorVehicle;

b) lossorDamagetocashoranynegotiablesecurity;

c) lossorDamagetobaggageloadedbyanypassenger;

d) lossorDamagetobaggagethatisnotaccompaniedbyapassengertravellingontheMotorVehicle;or

e) lossorDamagecausedby:

(i) depreciationorwearandtear;

(ii) deteriorationresultingfromatmosphericconditions.

ThisAdditionalBenefitissubjecttoa$100ExcessperpassengerperEvent.

ThemaximumWewillpayislimitedto$1,000,lessExcess,perpassenger,perEventandfurtherlimitedto$20,000,anyonePeriodofInsurance.

18. Recovery expenses – Motor Vehicle

IfYourMotorVehiclesufferslossorDamageWewillpay:

a) thecostsnecessarilyincurredforthecleanup;

b) recoveryandremovalofYourMotorVehicle;

excludinganyload,tothenearestrepairerapprovedbyUs.


19. Recovery expenses – Mobile Plant

IfYourMobilePlantsufferslossorDamageWewillpaythefollowingsubjecttoOurpriorwrittenconsent:

a) thecostsofdismantlingandtransportingtheMobilePlantforthepurposeofeffectingtherepairs;and

b) thecostsofrecoveryoftheMobilePlant,itspartsandcomponents,includinghandlingandtransportationoftheMobilePlantanditspartsandcomponentstoandfromplacesofrepair.


20. Removal of load

IfYourMotorVehiclesufferslossorDamageWewillpayforthecostsnecessarilyincurredbyYouforthecleanupandremovalofthegoodsbeingcarriedbutonlyinexcessofthosecostsforwhichthegoodsarecoveredbyotherinsurance.



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b) anypaymentwhichonthedateofthelossorDamagehasnotbeenmadesolelybecausesuchpaymentwasnotactuallyduetohavebeenpaidatthatdateunderthetermsoftheparticularleaseorfinanceagreement;and

c) anyGSTwheretheGSTcomponentofthepurchasepriceofYourInsuredItemwasfinancedasapartoftheleaseorfinanceagreementandYouareregisteredforGST;and

d) theamountoftheloanthatrelatestoamountsowingonthefinanceforthepurchaseofanyothervehicle,itemorproduct.

Thisfinancepayoutbenefitwillnotapply:

a) tolossoforDamagecauseddirectlyorindirectlybytheftand/orfire,otherthanfireresultingfromimpactDamage;or

b) ifYouaremorethan30daysinarrearswithanypaymentsonthedateofthelossorDamage;or

c) tonon-ownedorhiredinMotorVehiclesandMobilePlant;or

d) toOptionalBenefitEC122HiredinandNon-ownedMobilePlant.

24.2 New Motor Vehicle replacement for Total Loss

IfYourMotorVehicleisasedan,stationwagon,4WD,bus,utilityorgoodscarryingvehiclelessthan4.5tonnesGVM,andWeconsiderittobeaTotalLosswithin2yearsofitsoriginalregistration,WewillreplaceYourMotorVehiclewithanewvehicleofthesameorsimilarmakeandmodel.InreplacingYourMotorVehiclewithanewvehicle,WewillpaytheassociateddeliveryandStampDutycharges.Wewillnotpayforregistration,insuranceandotherassociatedcosts.

However,where:

a) YourMotorVehicle’smodelhasbeendeletedfromthemanufacturer’srangeorhasbeensupersededbyavehiclethatWeconsiderissignificantlydifferent;or

b) YourMotorVehiclewaspurchasedasanendofseriesorrun-outmodel;or

c) WeareunabletoreplaceYourMotorVehicle;or

d) YouelectnottoreplaceYourMotorVehicleunderthisAdditionalBenefit,

WewillonlypaytheactualpurchasepriceYoupaidfortheMotorVehicle,includingdeliverychargesandstampdutyiftheyformedpartofYourpurchase,lessanyapplicableExcesses.

24.3 Sum Insured payout or replacement vehicle

IfYourInsuredItemisaMotorVehicleof4.5tonnesGVMorgreaterorMobilePlantandWeconsideritto

beaTotalLosswithin2yearsofitsoriginalregistrationororiginalcompliancedate,WewillpayatYouroptiononeofthefollowing:

Option AWewillpaytheSumInsuredshownintheSchedulelessanyapplicableExcesses.ThemaximumWewillpayisthepurchasepriceoftheInsuredItemlessanyapplicableExcesses,subjecttoanyadjustmentinaccordancewiththeGSTprovision;or

Option BIfYourequireareplacementvehicleWewillpayforthereplacementofYourInsuredItemwithanewitemofthesamemodel,makeandspecification.ThemaximumWewillpayisthepurchasepriceofYourInsuredItemplusanadditional20%inclusiveofdeliverychargesandstampdutyonly.Wewillnotpayforregistration,insuranceandotherassociatedcosts.

However,where:

a) YourInsuredItem’smodelhasbeendeletedfromthemanufacturer’srange,orhasbeensupersededbyanitemWeconsiderissignificantlydifferent;or

b) YourInsuredItemwaspurchasedasanendofseriesorrun-outmodel,

WemaydecidetoonlypayYouasperoptionAofthisAdditionalBenefit.

ThisAdditionalBenefitdoesnotapply:

a) tonon-ownedorhiredinMotorVehiclesandMobilePlant;or

b) toOptionalBenefitEC122HiredinandNon-ownedMobilePlant.

25. Two wheel and box trailers

WewillcoverDamagetoYourtwowheelorboxtrailerifitisDamagedwhilstattachedtoaMotorVehiclethatiscoveredunderPartAofthisPolicy.

ThemaximumWewillpayistheMarketValueofthetwowheelorboxtrailersubjecttoalimitof$2,500unlessotherwisenotedonYourScheduleofInsuredItemsdeclaredtoUspriortotheDamageoccurring.

26. Wet Hire subrogation waiver – Mobile Plant

WhereYouhireoutYourMobilePlantunderWetHireconditionsandtheWetHireagreement:

a) requiresYoutoreleasethehirerfromliabilityforlossorDamagetoYourMobilePlant;or

b) requiresthatYouprovideinsuranceonYourMobilePlantforthehirer,

thenWeagreetowaiveanyrightofrecoveryWemayhaveagainstthehirerofYourMobilePlantforlossorDamagecausedtoYourMobilePlant.


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b) drillrodsandbitsincluding,butnotlimitedto,anypartattachingtoorformingpartofthedrillrodorbitsuchaspipes,shafts,guides,filters,gaskets,plugs,caps,beaconhousing,toolheads,nozzlesandanyotherelectronicmechanism.

2. Deterioration

LossorDamagetoYourInsuredItemincludinganyresultantmechanicalDamagecausedby,arisingfromorinanywayconnectedwith:

a) depreciation,rustorcorrosionorwearandtear;or

b) generaldeteriorationresultingfromatmosphericconditions;or

c) mechanical,structural,electricalorelectronicfailureorbreakdown;or

d) faultydesignorworkmanship.

However,otherthanresultantmechanicalDamage,WewillcoverDamageresultingdirectlyfromanAccidentorfirecausedbysuchfailureasstatedin2c)or2d)above.

3. GPS, laser and guidance equipment

LossorDamagetoanyglobalpositioningsystem(GPS),laserorothersuchguidanceequipmentusedinconnectionwithYourMobilePlant,regardlessofwhethertheyarelocatedinoronYourMobilePlantatthetimeoflossorDamageunlessWehaveagreedinwritingtocoversuchequipmentandYouhavepaidanyadditionalpremiumthatWerequire.

4. Incorrect fuel or non-approved fuel systems

LossorDamagetoYourInsuredItemcausedby:

a) theuseofincorrectfueloradditive;or

b) theuseofafuelsysteminYourInsuredItem:

(i) whichissituatedinAustraliaandwhichdoesnotcomplywithAustralianStandards;or

(ii) whichissituatedinNewZealandandwhichdoesnotcomplywithNewZealandStandards.

However,thisExclusionwillnotapplytotheuseofincorrectfuelifYourInsuredItemisasedan,stationwagon,hatchback,4WDorothersimilarpassengervehicleorutilitiesandvansunder4.5tonneGVM.

5. Locking devices

LossorDamagetoYourMobilePlantduetomaliciouscontaminationtofuel,lubricationorhydraulicsystemsifYourMobilePlantisnotfittedwithlockingdevicesoriffittedsuchlockingdeviceswerenotactiveorshownosignsoftamperingatthetimeofthelossorDamage.

6. Loss of fuel

ThelossofortheftoffuelfromYourInsuredItemorforthecostorreplacementofcontaminatedfuelinYourInsuredItem.

27. Work Substitute Vehicle

WewillcoverYouforlossorDamagetoaSubstituteVehicleYouaredriving,whilstYourInsuredItemisundergoingrepairsorservice,andwhilsttheSubstituteVehicleisbeingusedbyYouorYourEmployeeinthecourseofYourBusiness.

However,WewillonlypayuptotheSumInsurednotedinYourPolicyScheduleforYourInsuredItemthattheSubstituteVehicleissubstitutingfor.

Furthermore,WewillnotprovidethisAdditionalBenefitIftheSubstituteVehicleissubjecttoaself-drivehireagreement.

Specific conditions applicable to Part A1. Average

IfYourInsuredItemis:

a) aMotorVehicleof4.5tonnesGVMorgreater;or

b) MobilePlant,

andatthetimeofanAccidentgivingrisetoaclaimunderPartAtheSumInsuredofYourInsuredItemislessthan80%ofthecurrentMarketValue,WewillpayonlysuchproportionoftherepaircostsastheSumInsuredbearsto80%oftheMarketValueofYourInsuredItem.

However,thisSpecialConditionwillnotapplytoYourMobilePlantifWedeterminethedifferencebetweentheSumInsuredandMarketValueisduetoappreciationinvalue.

Forthepurposeofvaluationandtheapplicationofthisprovision,primemovers,rigidtrucksandattachedtrailerswillberegardedasseparateanddistinctitems.

2. Marine average

IfYourInsuredItemisbeingtransportedbyseabetweenplaceswithinAustraliaorNewZealandduringthePeriodofInsuranceWewillpayYourcontributionforgeneralaverageandsalvagechargeswheresuchmaritimeconditionsapplyuptotheSumInsured,MarketValueorAgreedValuewhicheveristhelesser,whetherornotlossorDamageissufferedbyYourInsuredItemunderPartA.

Specific exclusions applicable to Part AWewillnotcover:

1. Breakage of blades and other working surfaces

LossorDamagetothefollowingitemsformingpartofYourInsuredItemwhilsttheyareinuseperformingtheirdesignedpurpose:

a) blades,cuttingedges,cuttingdiscs,knives,hammers,wearplates,pulverizingandcrushingsurfaces,screens,sieves,belts;and


16

Part B – Liability to third partiesScope of coverWhereYourInsuredItemisregisteredorlicensedasrequiredbylawforuseonpublicroads,andisshownintheScheduleasinsuredforcoveroptionPartB,WewillcoverYouforanyamountforwhichYoubecomelegallyliabletopayascompensationinrespectoflossorDamagetosomeoneelse’spropertycausedbyanAccidentwhichispartlyorfullyYourfaultuptotheLimitofIndemnityApplicabletoPartB.

ThiscoverwillapplyonlyifYourlegalliabilityforlossorDamagetosomeoneelse’spropertyarisesoutoftheuseofYourInsuredItemandissubjecttotheapplicableExcess(es),Conditions,ExclusionsandLimitofIndemnity.

ThemostWewillpayarisingoutofanyoneAccidentistheLimitofIndemnity.

TheIndemnityprovidedunderthisPartBwillalsoapplyto:

a) anypersonwhoisdriving,usingorinchargeofYourInsuredItemwithYourpermission;

b) apassengertravellinginYourInsuredItemorwhoisgettingintooroutofYourInsuredItem;

c) Youremployer,principalorpartner,arisingfromYouruseofYourInsuredItem.

Limit of Indemnity applicable to Part BThemaximumWewillpayinrespectofallclaimsarisingfromoneAccidentorseriesofAccidentsresultingfromtheoneoriginalcausewillnotexceed:

a) $35,000,000forallclaimsinclusiveofanyAdditionalBenefitsorappliedOptionalBenefitsbutexcludinganyclaim(s)arisingfromthetransportationofDangerousGoods(asdefinedbytheAustralianDangerousGoodsCode)ordieselincludingcleanup,contaminationorrestitutionofanylandorwaterway;or

b) $1,000,000forallclaimsinclusiveofanyAdditionalBenefitsorappliedOptionalBenefits,andarisingfromthetransportationofDangerousGoods(asdefinedbytheAustralianDangerousGoodsCode)ordieselincludingcleanup,contaminationorrestitutionofanylandorwaterway.

WewillnotcoverYourliabilityforanyclaimarisingfrom,orinanywayconnectedwith,thetransportationof:

a) Class6.2–InfectiousSubstances;or

b) Class7–RadioactiveMaterials,

unlessotherwisespecifiedinYourSchedule.

7. Loss of oil/coolant

LossorDamagetoYourInsuredItemoranyresultantmechanicalDamagecausedbythelossofoilorcoolantinYourInsuredItem.

However,thisExclusionwillnotapplyifYourInsuredItem:

a) suffersMaliciousDamage;or

b) isDamagedbyimpact;or

c) isDamagedbyanunauthorisedpersondrivingYourInsuredItem.

8. Multiple crane lift

LossorDamagetoanycraneorliftingdeviceifitisbeingusedforaliftingoperationinwhichtheloadissharedorriggedforusewithanothercraneorliftingdevice.

9. Pre-existing Damage

Thecostof:

a) repairingpre-existingDamage;or

b) fixingfaultyrepairstoYourInsuredItemunlesstherepairswereundertakenastheresultofaclaimunderthisPolicyandwithOuragreement.

10. Repossession

LossorDamagetoYourInsuredItemcausedbyanypersonrepossessingorattemptingtorepossessYourInsuredItemduetoafinancedebt.

11. Setting of concrete/bitumen

LossorDamagetoanyagitator,barrel,bowlortankertrailerorpumpandtheirfittingscausedbythehardeningorsettingofconcreteorbitumen.

However,thisExclusionwillnotapplyifYou,Yourdriver/operatororanyothercoveredpersonshavetakenallpossiblestepstoremovetheconcreteorbitumenfromtheInsuredItem.

12. Theft by hirer

TheftorattemptedtheftofYourInsuredItembyanyhirer.

13. Tidal movement

LossorDamagetoYourMobilePlantfrompartialortotalimmersioninwaterduetotidalmovementunlessYou,YourEmployee(s)oranyothercoveredpersonshavetakenallpossiblestepstopreventorminimisethelossorDamagebyallmeansavailable.

14. Tyres

LossorDamagetoYourInsuredItem’s:

a) tyresbyapplicationofbrakes,punctures,cuts,blowoutoranyroaduse;or

b) rubbertrackscausedbypunctures,cutsorrupture,

unlesscausedasaresultofanAccidentwhichisanEventcoveredunderPartAofthisPolicy.


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(iii) complywiththerequirementsofanystatutoryorcompulsoryinsurancescheme,arrangementorpolicyorcompensationschemeorfund;

d) orlegalliabilitytocompensateany:

(i) persondrivingorinchargeofYourInsuredItemorSubstituteVehicle;

(ii) ofYourEmployees;or

(iii) FamilyMembers;

e) forlegalliabilitytocompensateanypersoninrespectofanypsychologicalorpsychiatricinjury(otherthantotheextentthatitisdirectlycausedbyorarisesfromseriousphysicalbodilyinjuryofthepersonwhosuffersthepsychologicalorpsychiatricinjury);

f) totheextentpermittedbylaw,unlessYouorthepersonclaimingunderthissectionhavenotifiedUsofaclaimunderthissectionwithinsixmonthsofYouorthatpersonfirstbecomingawareofanintentiontomakeaclaimagainstYouorthatperson;

g) forlegalliabilitycausedbyorarisingfromanintentionalactbyYouoranyotherperson;

h) foranyamountofexemplary,punitiveoraggravateddamages;

i) ifYourInsuredItemorSubstituteVehicleisregisteredintheNorthernTerritoryofAustralia;

j) ifYourInsuredItemorSubstituteVehicleisoutsideofAustraliaorNewZealandatthetimeoflossorAccident;

k) ifYourMobilePlantorSubstituteVehiclewhichisaMobilePlantisbeingusedforthepurposeforwhichitwasdesignedotherthanfordrivingonapublicroadorthoroughfare.

2. Emergency, fire and police authorities

WhereaclaimhasbeenacceptedunderthisPolicyWewillcoverYouforcostsleviedagainstYou,asaresultoflossorDamageinvolvingYourInsuredItemby:

a) anyemergencyauthority;

b) anyfirebrigade;

c) anypoliceforce.

ThemaximumWewillpayis$25,000perEvent.

3. Falling goods

WewillcoverYourlegalliabilityforDamagetosomeoneelse’spropertycausedbygoodsfallingfromYourMotorVehicle.

4. Legal costs

WewillcoverYouforalllegalcostsandexpensesincurredwithOurwrittenconsenttodefendorsettleanyclaim,arisingfromanAccidentinvolvingtheuseofYourInsuredItem,includingcostsincurredforYourrepresentationatanyenquiryorcoroner’shearing.

Additional benefits applicable to Part BTotheextentthattheLimitofIndemnityisnototherwiseexhausted,unlessotherwisestated.

EachAdditionalBenefitwillspecifywhetheritappliestoMotorVehicle,MobilePlantorboth.

1. Bodily injury (CTP gap liability)Wewillcover:

a) You;or

b) acurrentlylicenseddriverofYourInsuredItemorSubstituteVehicledrivingtheInsuredItemorSubstituteVehiclewithYourconsent,

forlegalliabilityfordeathorbodilyinjurycausedbyorarisingfromtheuseofYourInsuredItemorSubstituteVehiclefromoneormoreofthefollowingEvents,providedYourInsuredItemorSubstituteVehicleisregisteredforuseonapublicroadwhentheliabilityisincurred:

a) drivingorbeinginchargeofYourInsuredItemoraSubstituteVehicle;

b) goodsbeingcarriedbyorfallingfromYourMotorVehicleoraSubstituteVehicle;

c) loadingorunloadingYourMotorVehicleoraSubstituteVehicle;and

d) thelegalliabilityofapassengertravellinginorgettingintooroutofYourInsuredItemorSubstituteVehiclewith:

(i) Yourpermission;or

(ii) thepermissionofacurrentlylicenseddriver,thatwasdrivingorinchargeofYourInsuredItemorSubstituteVehiclewithYourconsent.

WewillnotcoverYou:

a) iftheEventorseriesofrelatedEventsthatgiverisetothelegalliabilityoranypartofitiscoveredorIndemnifiedinanywaybyany:

(i) statutoryorcompulsoryinsurancescheme,arrangementorpolicy;or

(ii) compensationschemeorfund,eveniftheamountrecoverableisnil;

b) foranyamountofaclaimoverthatrecoverableunderany:

(i) statutoryorcompulsoryinsurancescheme,arrangementorpolicy;or

(ii) compensationschemeorfund;

c) ifthelegalliabilitywouldhavebeencoveredorIndemnifiedinanywayifYouhad,ortheowner,notfailedto:

(i) insureYourInsuredItemorSubstituteVehicle;

(ii) registerYourInsuredItemorSubstituteVehicle;or


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Specific exclusions applicable to Part BWewillnotcoverYouforYourlegalliability:

1. Aviation

Causedby,arisingfromorinanywayconnectedwiththeuseofYourInsuredItemwhilstparkedoroperatingatanyAirportorAirfield.

2. Fines, penalties, punitive damages

Topayfines,penalties,oraggravated,exemplaryorpunitivedamages.

3. Pollution

Causedby,arisingfromorinanywayconnectedwiththedischarge,dispersal,release,seepageorescapeofPollutantsorothercontaminantsintooruponbuildingsorotherstructuresorwaterorlandortheatmosphere.However,WewillIndemnifyYouwhereliabilityarisesfromasuddenidentifiableEventthatisunintendedandunexpectedbyYouandwhichtakesplaceinitsentiretyataspecifictimeandplaceduringthePeriodofInsurance.

4. Property possession, custody or control

IncurredbyYouforlossorDamagetopropertythatis:

a) ownedbyYou;or

b) ownedbytheEmployeedriverofYourInsuredItem;or

c) inYourpossession,custodyorcontrol.

ThisExclusionwillnotapplyto:

a) vehiclesbelongingtoEmployeesorvisitorscontainedwithintheconfinesofacarparkownedoroccupiedbyYou;or

b) premisesleasedorrentedtoYou;or

c) trailerscoveredunderAdditionalBenefitsapplicabletoPartB6.Non-ownedTrailers(Liability),OptionalBenefitsEC104Non-ownedTrailer(Liability),andEC112Non-ownedTrailer(Comprehensive);or

d) anyitemcoveredunderOptionalBenefitEC111HookLiability–MotorVehicle.

5. Rail vehicles

Causedby,arisingfromorinanywayconnectedwithYourInsuredItemifitisbeingusedonrailsortracks.

6. Statutory liability

WhichisinsurableunderanyStatutoryorcompulsoryinsurancescheme,arrangementorpolicyorcompensationschemeorfundcoveringsuchlegalliability.

WewillpaythisbenefitinadditiontotheLimitofIndemnityapplicabletoPartB.

5. Loading and unloading

WewillcoverYou,notwithstandingSpecificExclusion7.ToolofTradethatappliesonlytoPartBofthisPolicy,ifAccidentalDamagetosomeoneelse’spropertyiscausedduringtheoperationofloadingorunloadingofYourMotorVehiclebytheuseofaVehicleLoadingCraneattachedtoYourMotorVehiclebutnotincluding:

a) thecollectionordeliveryoftheloadtoorfromYourMotorVehicle;and

b) thegoodsbeingloadedorunloaded.

6. Non-owned Trailer (Liability)

WewillcoverYourlegalliabilityforlossorDamagetoanysingletrailerorcombinationoftrailerswhilstinYourpossession,custodyorcontrol,provided:

a) thetrailer(s)isnotownedbyYouorthetrailer(s)isnotonhiretoYou;and

b) thetrailer(s)isattachedtoaMotorVehicleinsuredunderthisPolicyatthetimeoftheAccident;and

c) thecoverdoesnotapplytothecontentsorgoodsbeingcarriedinanytrailer,includinganycleanupcostsassociatedwiththecontentsorgoods.

ThemaximumWewillpayforanysingletrailerorcombinationoftrailersis$100,000perEvent,subjecttotheLimitofIndemnityforPartBnotbeingexhausted.

7. Substitute or non-owned vehicle

WewillcoverYourlegalliabilityforlossorDamagetosomeoneelse’spropertycausedbyaSubstituteVehicleYouaredrivingwhilstYourInsuredItemisundergoingrepairsorservice,orcausedbyavehiclenotownedbyYoubutwhilstbeingusedbyYouorYourEmployeeinthecourseofYourbusiness.

However,WewillnotprovidethisAdditionalBenefit:

a) iftheSubstituteVehicleissubjecttoaself-drivehireagreement;or

b) foranyDamagetotheSubstituteVehicleornon-ownedvehicleYouaredrivingorinchargeof.

8. Vehicles under tow

WewillcoverYourlegalliabilityforlossorDamagetootherpropertynotownedbyYouorinYourcare,custodyorcontrol,causedbyanyvehiclewhichisregistered,orlicensedtooperateonapublicroadandwhichYourMotorVehiclewastowing.


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General exclusionsTheseGeneralExclusionsareapplicabletoYourPolicy.YourPolicyalsocontainsSpecificExclusionsthatareapplicabletoPartAandPartB.

ThePolicydoesnotcoveranyloss,Damageorliabilitycausedby,arisingfromorinanywayconnectedwith:

1. Asbestos

Anyactualorallegedliabilitywhatsoeverforanyclaimorclaimsinrespectoflossorlossesdirectlyorindirectlyarisingoutof,resultingfromorinconsequenceof,orinanywayinvolvingasbestos,oranymaterialscontainingasbestosinwhateverformorquantity.

ThisExclusionappliesnotwithstandinganyprovisiontothecontrarywithinthisPolicyoranyendorsementthereto.

2. Contractual liability

Anyliabilitywhicharisesfromanycontract,undertakingoragreementbyYouunlesssuchliabilitywouldhaveattachedregardlessofthecontract,undertakingoragreement.

3. Driver restriction

YourMotorVehicleifit:

a) isaprimemoverandisbeingdrivenby,orisinthechargeofanypersonwhoisunder25yearsofage;or

b) isaMotorVehicleof8tonnesGVMorgreaterandisbeingdrivenby,orisinthechargeofanypersonwhoisunder21yearsofage.

ThisExclusiondoesnotapplyifYouhavesubmittedtoUsthedriver’sexperience(driver’sdeclaration)andlicencehistoryfromtheappropriateauthorityandWehaveagreedtowaivetheExclusionorprovidecover,subjecttoanyspecialconditionsshownintheSchedule.

4. Driving under the influence of alcohol/drugs

YourInsuredItemifitisbeingdrivenbyanyperson:

a) whosefacultiesareimpairedbyanydrugorintoxicatingliquor;or

b) whoisconvictedofdriving,atthetimeoftheAccident,undertheinfluenceofintoxicatingliquororanydrug;or

c) withapercentageofalcoholintheirbreathorbloodinexcessofthepercentagepermittedbylaw;or

d) whorefusestoprovideorallowthetakingofasampleofbreath,bloodorurinefortestingoranalysisasrequiredbythelawofanyStateorTerritory.

However,thisExclusiondoesnotapplyifYoucouldnotreasonablyhaveknownthatthedriverofYourInsuredItemwassoaffectedorrefusedtoundergoanappropriatetestatthetimeoftheAccident.

7. Tool of trade

Incurredbyandcausedby:

a) YourMobilePlant;or

b) anyplantorequipmentattachedtoYourMotorVehicle,ifitisatooloritemofequipment;or

c) byanySubstituteVehicleornon-ownedvehiclethatisMobilePlant,

andisbeingusedforthepurposeforwhichitwasdesigned,otherthanfordrivingonapublicroadorthoroughfare.

8. Underground

IncurredbyYouwhilstYourInsuredItemisbeingusedinundergroundexcavationorundergroundminingactivities.

9. Unregistered vehicles

Causedby,arisingfromorinanywayconnectedwiththeuseofYourInsuredItemifitisunregisteredatthetimeoftheEventgivingrisetotheclaim.

However,thisExclusionwillnotapplyifYouhavecompliedwithallstatutoryrequirementsallowingthemovementoftheunregisteredInsuredItem.

10. Vibration

Causedby,arisingfromorinanywayconnectedwithlossorDamagetopropertycausedby:

a) vibration;or

b) theweightofYourInsuredItemwherethedriverhasignoredadvisorysignsorwarnings.


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13. Territorial Limits

AnEventorothercircumstanceoccurringorarisingoutsidetheTerritorialLimits.

14. Terrorism

Death,injury,illness,loss,Damage,liability,costorexpensedirectlyorindirectlycausedby,contributedtoby,resultingfromorarisingoutoforinconnectionwithanyactofterrorism,asdefinedherein,regardlessofanyothercauseorEventcontributingconcurrentlyorinanyothersequencetotheloss.

Anactofterrorismincludesanyact,orpreparationinrespectofaction,orthreatofactiondesignedtoinfluencethegovernmentdejureordefactoofanynationoranypoliticaldivisionthereof,orinpursuitofpolitical,religious,ideologicalorsimilarpurposestointimidatethepublicorasectionofthepublicofanynationbyanypersonorgroup(s)ofpersons,whetheractingaloneoronbehalfoforinconnectionwithanyorganisation(s)orgovernment(s)dejureordefacto,andwhich:

a) involvesviolenceagainstoneormorepersons;or

b) involvesDamagetoproperty;or

c) endangerslifeotherthanthatofthepersoncommittingtheaction;or

d) createsarisktohealthorsafetyofthepublicorasectionofthepublic;or

e) isdesignedtointerferewithortodisruptanelectronicsystem.

YourPolicyalsoexcludesanyliabilityfordeath,injury,illness,loss,Damage,costorexpensedirectlyorindirectlycausedby,contributedtoby,resultingfrom,orarisingoutoforinconnectionwithanyactionincontrolling,preventing,suppressing,retaliatingagainst,orrespondingtoanyactofterrorism.

15. Unlicenced drivers

YourInsuredItemifitisdrivenoroperatedbyanypersonwithYourconsentwhoisnotlicencedtodriveoroperatesuchaMotorVehicleorMobilePlantunderanyrelevantlaws,bylawsandregulations.

However,thisexclusiondoesnotapplyifYoucouldnotreasonablyhaveknownthedriverofYourInsuredItemwasnotcorrectlylicenced.

16. Unsafe vehicles

YourInsuredItemifitisusedinanunsafeorunroadworthyconditionandsuchconditioncausedorcontributedtotheloss,Damageorlegalliability.

However,thisExclusiondoesnotapplyifYoucouldnotreasonablyhaveknowntheunsafeorunroadworthyconditionofYourInsuredItem.

5. Financial loss and non-financial loss

AnyfinanciallossincurredbyYou,becauseYoucannotuseYourInsuredItemastheresultofaclaimunderthisPolicyorforanynon-financiallossassociatedwiththisclaim.

6. Hire, fare and reward

YourMotorVehicleifitisbeingusedforcarryingpassengersforhireorreward,exceptforaprivatepoolingarrangementorwhenYoureceiveatravellingallowancefromYourfulltimeemployer.

7. Hire out of vehicles (Dry Hire)

YourInsuredItemifitishiredoutbyYouwithoutadriveroroperator.

However,thisExclusiondoesnotapplyto:

a) trailersinsuredunderthisPolicy;or

b) InsuredItemsspecificallycoveredunderOptionalBenefitEC124–DryHireDamageWaiverorEC125–DryHireDifferenceinConditions–MotorVehicle.

8. Lawful seizure

Thelawfulseizure,detention,confiscation,nationalisationorrequisitionofanyInsuredItem.

9. Nuclear event, substance or by-product

Ionisingradiationorcontaminationbyradioactivityfrom:

a) anynuclearfuelorfromanynuclearwaste;or

b) fromthecombustionofnuclearfuel(includinganyself-sustainingprocessofnuclearfissionorfusion);or

c) nuclearweaponsmaterial.

10. On water

YourInsuredItem,otherthanascargo,ifitisnotondrylandwhichextendstoincludefixedwharfsandjettiesbutdoesnotincludeonorinanykindofvesselorcraftmadeorintendedtofloatortravelonorinwater.

11. Overloaded vehicles

YourInsuredItemifitisbeingusedtocarryagreaternumberofpassengersorconvey,lift,suspendortowaloadinexcessofthatforwhichYourInsuredItemwasdesignedorconstructed.

However,thisExclusiondoesnotapplyifYoucouldnotreasonablyhaveknownthatYourInsuredItemwasbeingoperatedinsuchamanner.

12. Participation

YourInsuredItemifitisparticipatinginorusedinconnectionwith,rallydriving,motorracing,anyactivityonaracetrack,competitivemotorsportevent,anexperiment,contestorothermotorsportsevent.


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a) suchadditionalInsuredItemsareofasubstantiallysimilartypetotheInsuredItemsdeclaredbyYoutoUsatthecommencementofthePeriodofInsuranceorareotherwiseagreedbyUs;and

b) YouprovideUswithwrittennoticeofsuchpurchase,whetherunderfinanceornot,within30daysofpurchase,unlessotherwiseagreedbyUs;and

c) YoupayUsanyadditionalpremiumWerequireinaccordancewiththepremiumadjustmentclauseagreedbyUs;and

d) thisGeneralConditiondoesnotextendtoincludeMotorVehiclesorMobilePlantwhicharehiredbyYou.

ThemaximumWewillpayislimitedto$500,000perInsuredItemunlessshownotherwiseintheSchedule.

4. Breach of conditions

Breachofornon-compliancewithanyPolicycondition(s)byoneinsurednamedinYourSchedulewillnotprejudiceanyothernamedinsured.

5. Cross liability

WhereYouarecomprisedofmorethanoneentity,thetermYouwillbeconsideredasapplyingtoeachentityinthesamemannerasthoughaseparatePolicyhadbeenissuedtoeachentity,providedthatOurLimitofIndemnityandliabilitytomakesupplementarypaymentswillapplyasthoughtherewerenotseparatepoliciesissuedtoeachentity.

6. Governing law and jurisdiction

YourPolicyisgovernedbythelawsofAustralia.AnydisputerelatingtoYourPolicyshallbesubmittedtotheexclusivejurisdictionofanAustralianCourtwithintheStateorTerritoryinwhichYourPolicywasissued.

7. GST notice

YourPolicyhasaGSTprovisioninrelationtoYourpremiumandOurpaymenttoYouforclaims.ItmayhaveanimpactonhowYoudeterminetheamountofinsuranceYouneed.PleasereadthePolicycarefully.SeekprofessionaladviceifYouhaveanyqueriesaboutGSTandYourinsurance.

Limit of IndemnityAllmonetarylimitsinYourPolicymaybeincreasedforGSTinsomecircumstances(seebelow).

Claim settlements – Where We agree to payWhenWecalculatetheamountWewillpay,Wewillhaveregardtotheitemsbelow:

a) WhereYouareliabletopayanamountforGSTinrespectofanacquisitionrelevanttoYourclaim(suchasservicestorepairaDamagediteminsuredunderYourPolicy),WewillpaytheGSTamount.

17. War

Anywar,whetherwarbedeclaredornot,hostilitiesorrebellion,civilwar,revolution,insurrection,militaryorusurpedpower,invasion,oractofforeignenemy.

18. Wilful acts

Anyactualoralleged:

a) dishonest,fraudulent,criminal,unlawful,ormaliciousact;

b) wilfulbreachofanystatute,contractorduty;

c) conductintendedtocauseloss,Damageorliabilitywithrecklessdisregardfortheconsequences;

byYouoranypersonactingwithYourknowledge,consentorconnivance.

General conditionsTheseGeneralConditionsareapplicabletoYourPolicy.YourPolicyalsocontainsSpecificConditionsthatareapplicabletoPartAandPartB.

IfYoudonotmeettheapplicableGeneralConditionsandSpecificConditionsapplicabletoPartAandPartB,WemaycancelYourPolicyand/orreduceorrefusetopayaclaim,totheextentpermittedbylaw.

1. Acquired companies

Wewillcoveranycompanyorsubsidiarycompanyformed,purchasedorotherwiseacquiredbyYouduringthePeriodofInsurance,provided:

a) Youholdacontrollinginterestinthecompany;

b) YouadviseUsofYourinterestwithin30daysfromthedateofacquisition;

c) YouadviseUsthenumberofadditionalInsuredItemsand

d) YoupayUsanyadditionalpremiumrequired.

2. Alteration to use

YoumustgiveUswrittennoticeofanyalterationtocircumstancesunderwhichYourInsuredItem(s)isusedandwhichiscontrarytothatwhichwasdisclosedinYourapplicationforcover.

IfWeagreetothechange,WewilldosoinwritingandYoumustpayUsanyadditionalpremiumWemayrequire.

3. Automatic additions and deletions

WewillcoveranyreplacementoradditionalInsuredItemspurchased,whetheroutrightorunderaleasingarrangementorotherfinanceagreement,byYouduringthePeriodofInsurance,provided:


22

IfanyfinancierhasaninterestinanyInsuredIteminsuredunderthisPolicyandWeagreetosettleYourclaimbycashpayment,Wereservetherighttopayallorpartoftheclaimproceedstothefinancier.ThiswillsatisfyOurobligationstoYouunderthePolicyforthepaymentofYourclaim.

12. Premium adjustment

IfthepremiumforthisPolicyhasbeencalculatedonanyestimatesgivenbyYou,YoumustkeepaccuraterecordscontainingallrelevantparticularsandatanyreasonabletimeallowUstoinspectsuchrecords.

FollowingtheexpiryofeachPeriodofInsuranceYoumustsupplyUswithsuchrecordsasWemayreasonablyrequiresothatthepremiumforthatperiodmaybecalculated.Subjecttoanyminimumpremiumapplicable,thedifferencemustbepaidbyYouorYourPolicywillbecancelled.

13. Reasonable care and maintenance

Youmusttakeallreasonablecare:

a) topreventloss,Damageorliability;and

b) tomaintainYourInsuredItemsinsoundcondition;and

c) tominimisetheriskoftheftbyensuringthatsecuritydevicesaremaintainedingoodworkingorder;and

d) tocomplywithallStatutoryobligations,by-laws,regulations,PublicAuthorityrequirementsandsafetyrequirements,includingthoserelatingtofireappliances;and

e) tominimiseanyloss,Damageorliability;and

f) toonlyemploycompetentEmployees,agentsandcontractorsandensuretheymeettherequirementsspecifiedinClausesa)toe)above.

14. Waiver of subrogation rights

Totheextentpermittedbylaw,WewillnotbeliabletopayanybenefitsunderthePolicyforlossorDamageifYouagreeorhaveagreedtolimitorexcludeanyrightofrecoveryagainstanythirdpartywhowouldbeliabletocompensateYouorUswithrespecttothatlossorDamageunlessotherwiseagreedbyUsinwriting.

However,Wedoagreetowaiveourrightsorrecoveryagainstanymunicipal,Government,semigovernmentorstatutoryauthoritywhereYouarerequiredbycontractualagreementtoreleasethoseentitiesfromliabilityfromanyEventcoveredbythisPolicy.

WewillpaytheGSTamountinadditiontotheLimitofIndemnityorotherlimitsshowninYourPolicyorintheSchedule.

IfYourLimitofIndemnityisnotsufficienttocoverYourloss,WewillonlypaytheGSTamountthatrelatestoOursettlementofYourclaim.

WewillreducetheGSTamountWepaybytheamountofanyinputtaxcreditstowhichYouareorwouldbeentitled;

b) WhereWemakeapaymentunderYourPolicyascompensationinsteadofpaymentforarelevantacquisition,WewillreducetheamountofthepaymentbytheamountofanyinputtaxcreditthatYouwouldhavebeenentitledtohadthepaymentbeenappliedtoarelevantacquisition.

Disclosure – Input tax credit entitlementIfYouregister,orareregistered,forGST,YouarerequiredtotellUsYourentitlementtoaninputtaxcreditonYourpremium.IfYoufailtodiscloseorunderstateYourentitlement,YoumaybeliableforGSTonaclaimWemaypay.YourPolicydoesnotcoverYouforthisGSTliability,orforanyfine,penaltyorchargeforwhichYoumaybeliable.

8. Headings

Headingshavebeenincludedforeaseofreferenceonly.TheprovisionsofthePolicyarenottobeconstruedorinterpretedbyreferencetosuchheadings.

9. Non payment of premium by instalments – Right to refuse a claim

WhereYoupayYourpremiumbyinstalments,Youmustensurethattheyarepaidontime.Ifaninstalmenthasremainedunpaidforaperiodofatleastfourteen(14)days,Wemayrefusetopayaclaim.WewillnotifyYouifaninstalmenthasnotbeenpaid.

10. Other insurance

YoumustgiveUswrittennoticeofanyinsuranceorinsurancesalreadyaffected,orwhichmaybesubsequentlyaffected,covering,whetherinwholeorinpart,thesubjectmatterofthevariousPartsofYourPolicy.

11. Other interests

YourPolicydoesnotprovidecoverinrespectoftheinterestofanyentityorpersonnotnamedinYourPolicySchedule.AnypersonsorentitiesentitledtobenefitsunderYourPolicyshallbeboundbytheConditionsandExclusionsofYourPolicy.


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b) WehavetherighttorecoverfromanypersonagainstwhomYoumaybeabletoclaimanymoneypaidbyUsandWewillhavefulldiscretionintheconduct,settlementordefenceofanyclaiminYourname.TheamountrecoveredwillbeappliedfirsttoreducingtheamountbywhichYourlossexceedsthepaymentmadebyUsplusanyExcessapplied.AnybalanceremainingafterYouhavebeenfullycompensatedforYourloss,uptotheamountWehavepaidtoYoutosettleYourclaim(includingOurlegalfeesforrecovery),willberetainedbyUs;

c) Wemaytakeoverandconduct,inYourname,thedefenceorsettlementofanyclaimandWewillhavefulldiscretionintheconductofanyproceedingsinconnectionwiththeclaim;

d) WemaypayYouthelimitofIndemnityundertheapplicablecoversectionoranylesseramountforwhichaclaimorclaimsunderthatcoversectionmayreasonablybesettled.AfterWehavepaidYou,Wewillnolongerbeliablefortheclaim(s)(orfutureconductoftheclaim(s))exceptforcostsandexpensesincurredupuntilthetimeWepayYou,thatWepreviouslyagreedtopay;

e) ifYourecoverorfindanylostorstolenpropertyinsuredforwhichWehavepaidaclaim,Youmust:

(i) informUsimmediately;and

(ii) giveUstherecoveredorfoundpropertyinsuredifWerequestYoutodoso.

What happens after You make a claim1. Choice of repairer

WecanassistYouinselectingasuitablerepairertorepairtheDamagetoYourInsuredItem,however,YoualsohavetherighttochooseYourownrepairer.

IfWedonotacceptYourchoiceofrepairerYoumuststillco-operatewithUsinselectinganotherrepairerthatWebothcanagreeon.

2. Deciding who is at fault

WewillbesolelyresponsiblefordecidingwhetherYoucontributedtothecauseofanAccident.

3. Guarantee and warranty

WeguaranteematerialsandworkmanshiponrepairsWeauthoriseforaslongasYouownorleaseYourInsuredItem.Thisguaranteeisnottransferable.

Claims proceduresIn the event of a ClaimAssoonasYoubecomeawareofanythinghappeningwhichmayresultinaclaimunderYourPolicy,Youmust,atYourownexpense:

a) immediatelyinformthePoliceofanyMaliciousDamage,theft,fraudulentconduct,attemptedtheftorlossofproperty;

b) contactUsassoonaspossibletoadvisehowtheloss,Damageorliabilityoccurred;

c) takeallreasonableactiontorecoverlostorstolenpropertyandminimisetheclaim;

d) asfaraspossible,preserveanyInsuredItemorotheritemswhichmightprovenecessaryorusefulasevidenceuntilWehavehadanopportunitytoinspectthem;

e) giveUsalltheinformation,proofandassistanceWemayrequiretoprosecute,defendorsettleYourclaim,includingdetailsofanyotherinsuranceeffectedbyYouoronYourbehalf;

f) assoonasreasonablypracticableaftertheloss,DamageorrelevantEvent(oranyfurthertimewhichWemayallowinwriting),delivertoUsawrittenclaimincludingasdetailedanaccountasisreasonablypracticableofthecircumstancessurroundingtheloss,DamageorEvent.YoumustprovideUswithastatutorydeclarationifrequested;

g) immediatelysendUsanyclaim,writ,summons,orfulldetailsofanyrelevantlegalorotherproceedingssuchasanimpendingprosecutionorinquestthatYoureceiveorofwhichYoubecomeaware;

h) atalltimes,giveUsalltheinformationandassistanceWemayreasonablyrequire.

Youmustnot:

a) admitliabilityfor,orofferoragreetosettle,anyclaimwithoutOurwrittenconsent;

b) authorisetherepairorreplacementofanythingwithoutOuragreementunlessforsafetyreasonsortominimiseorpreventfurtherimminentloss,Damage,liabilityorinjury,excepttotheextentallowedbyPartA–AdditionalBenefit5–Emergencytemporaryrepairs.

AfterYouhaveadvisedUsofanyloss,Damageorliability:

a) YoumustcomplywithallthetermsoftheGeneralConditionsandSpecificConditionsapplicabletoPartAandPartBbeforeWewillmeetanyclaimunderYourPolicy;


24

Optional conditionsThefollowingOptionalConditionsapplytothecoverprovidedbythisPolicywhentheyarespecifiedasbeingapplicableintheSchedule.

EC102 – Claims Experience Discount (CED)

AttheendofthePeriodofInsuranceforwhichthisadjustmentapplies,WewilladjustYourPremiumintheeventoftheincurredclaimsduringthePeriodofInsurancebeinglessthan70%ofthetotalbasepremiumpayablebeforecharges.Wewillrefund50%ofthedifferencebetween70%oftheannualpremiumpaidandtheincurredclaimsorsuchotheramountasspecifiedintheScheduleprovidedthat:

a) thePolicyisrenewedwithUsforthefollowing12months;and

b) suchrefundislimitedtoamaximumof10%,orsuchotheramountspecifiedintheSchedule,oftheannualpremiumpaid.

Theadjustmentshallbemade90daysafterthePolicyexpiresorasotherwiseagreedbyUssubjecttotheprovisionthatallknownclaimshavebeenlodged.

Note:IncurredclaimsmeansallclaimspaidduringthePeriodofInsuranceandwhatWehaveprovidedasareserveforoutstandingclaims.

EC103 – Burning Cost

WewilladjustYourpremiumonthefollowingbasis:

a) Adjustment

(i) YoumustpayUsthedepositpremiumatthecommencementofthePeriodofInsurance;

(ii) atexpiryofthePeriodofInsurancethemaximumandminimumpremiumsagreedatinceptionwillbeadjustedinaccordancewithanyvariationinthenumberofInsuredItemscoveredortheirvaluesasrequiredtobeinsuredforintheforthcomingPeriodofInsurance;

(iii) incurredclaimsduringthePeriodofInsurancewillbemultipliedbytheclaimsadjustmentfactoragreedatinceptionofthePeriodofInsurancetoascertainfinalpremiumpayable;

(iv) thedifferencebetweenfinalpremiumpayableandtheoriginaldepositpremiumshallbethepremiumadjustmentsubjecttomaximumandminimumpremiumsagreedina.iaboveplusorminusanypremiumadjustmentspaidduringthePeriodofInsurance.

4. Payment of unpaid premium when Your Insured Item is a Total Loss

IfYourInsuredItemisaTotalLossandWehaveagreedtopayYourclaim:

a) theamountofanyunpaidpremiumforthePeriodofInsurancewillbedeductedfromtheamountpayabletoYou,and

b) ifWearereplacingYourInsuredItem,YoumustpayUsthebalanceofanyunpaidpremiumorinstalmentsforthePeriodofInsurance.

5. Salvage

IfYourInsuredItemisaTotalLossandWehaveagreedtoreplaceYourInsuredItemorpaytheMarketValue,SumInsuredorAgreedValue:

a) thewreckageofYourInsuredItemwillbecomeOurproperty;and

b) Wewillkeeptheproceedsofanysalvagesale.

6. Spare parts, extras and accessories

IfWeareunabletorepairthepartWeusenew,recycledorreconditionedpartsthatmeettherequirementsofAustralianDesignRules(ADR).Ifsuchpartsarenotavailable,appropriatepartsfromalternativedistributionchannelsmaybeused.

Wewillnotpayanyamountgreaterthanthemaker’slastlistpriceinAustralia(togetherwithareasonablechargeforfitting)forthesupplyofanysparepart,extraoraccessory.

Intheeventthatanysparepart,extraoraccessorycannotbeobtainedimmediately,WemaychoosetopayYouthevalueofthesparepart,extraoraccessory(togetherwithareasonablechargeforfitting)ratherthansupplythesparepart,extraoraccessory.

7. Sublet repairs

IftheDamagetoYourInsuredItemrequiresUstoengagetheservicesofaspecificspecialistrepairerandorsupplierWemaysubletthatcomponenttosuchrepairerorsupplier.


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Claims Settlement FloatIfYourAggregateExcessPolicyissubjecttoaClaimsSettlementFloatthenallpaymentsforrepairs,thirdparties,assessors,investigatorsoranyotherserviceshallbepaiddirectbyUsoutoftheClaimsSettlementFloatamount,shownintheSchedule,andthatYouwillpaytoUsatthebeginningofthePeriodofInsurance.

WewillhavefulldiscretiononhowtheClaimsSettlementFloatisexpendedandallpaymentsmadefromtheClaimsSettlementFloatwillcontributetowardstheerosionoftheAggregateExcess.

AllpaymentswillbegrossofGSTwhereapplicable.

IftheClaimsSettlementFloatamountpaidbyYoutoUsisapartialamountthenYouwillpayUstheremainderuponrequest.AnyunexpendedportionoftheClaimsSettlementFloatwillberefundedtoYouonceallknownandlodgedclaimshavebeenpaid.

Note:AggregateExcessmeanstheamountshownintheSchedulethatYoumustpayasthefirstpartofanyclaim(s)duringthePeriodofInsuranceuntiltheAggregateExcessisexhausted.

Claims Service FloatIfYourAggregateExcessPolicyissubjecttoaClaimsServiceFloatthenallpaymentsforassessors,investigatorsandothersimilarfeesshallbepaiddirectbyUsoutoftheClaimsServiceFloatamount,shownonYourSchedule,andthatYouwillpaytoUsatthebeginningofthePeriodofInsurance.

AllpaymentsmadebyUsfromtheClaimsServiceFloatwillbegrossofGSTwhereapplicable.

Allpaymentsforrepairs,thirdpartiesorothersimilarcostsorserviceswillbepaiddirectlybyYou.AcopyofallsuchpaymentswillbeprovidedtoUssotheseamountsmaybeappliedtowardstheerosionoftheAggregateExcess.

IndeterminingtheamounttobeappliedtowardstheAggregateExcess,theamountofthebasicExcessandanyotherExcessesshallbedeductedfromtheamountoftheloss.

b) Cancellation

IntheeventofcancellationofthePolicyduringcurrencytheoverallpremiumpayablebyYouwillbedeterminedbyapplyingtheformulaprescribedina)abovebutsubjecttotheadjustedmaximumandminimumpremiumsbeingcalculatedonapro-ratabasis.

c) Call-up

Weretaintherighttocallupthedifference,orpartthereof,betweenthedepositandmaximumpremiumsduringthePeriodofInsuranceifincurredclaimsexceedthedepositpremium.

Note:IncurredclaimsmeansallclaimspaidduringthePeriodofInsuranceandwhatWehaveprovidedasareserveforoutstandingclaims.

EC106 – Annual Vehicle Adjustment

WewilladjustYourPolicyattheexpiryofthePeriodofInsurancebasedonthenumberofInsuredItemsdeclaredand/ortheirvalues.Thebasisofanyadjustmentpremiumwillbe50%oftheunitcostrateorotherrateagreed(asthecasemaybe)appliedtothedifferenceinthenumberofInsuredItemsand/ortheirvaluedeclaredatinceptionandexpiryofthePeriodofInsurance.

However,YoumustimmediatelyinformUsofanyInsuredItemsaddedduringtheyearthathaveavalueinexcessof$500,000.IfYoudonotthemaximumWewillpaywillbelimitedto$500,000underPartAofthisPolicyforanyoneloss.ForfurtherdetailsrefertoGeneralCondition3.Automaticadditionsanddeletions.

EC108 – Aggregate Excess

WewillagreetohandleYourselfinsuredclaimsthatfallwithintheAggregateExcess,subjecttothefollowingconditions:

Aclaimshandlingagreementdetailingthetermsoftheclaimshandlingactivitiesandconditionsisexecuted.

AllExcessesapplywithintheAggregateExcess,andcontinuetoapplyoncetheAggregateExcesshasbeenexhausted.

AdjustmentsperformedinaccordancewiththeriseandfallofInsuredItemnumbersorassetvalue(oranyotherpremiumadjustmentendorsementthatmayattachtothisPolicy),willaffecttheAggregateExcessaswellasthedepositpremium.

TheAggregateExcesswillbeeroded(debited)bytheactualpaidcostofrepairsorotherservices,ratherthantheassessedcost.


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a) thetrailer(s)isnotownedbyYouorisnotonhiretoYou;and

b) thecoverdoesnotextendtothecontentsorgoodsbeingcarriedinanytrailer,includinganyclean-upcostsassociatedwiththecontentsorgoods,and

c) thecoverdoesnotextendtolossesordamagecausedbyorresultingfromanyactoromission(negligentordeliberate)byoronthepartofanythirdpartiesorpersonswhoownorholdabeneficialentitlementtothetrailer(ortheirservantsand/oragents)andarespecificallyprovidedwithCoverunderthePolicy.

WewillnotprovidecoverunderthisOptionalBenefitunlessanduntilanyownerorbeneficiaryseekingtobeprovidedorentitledtoanybenefitunderthisPolicyfirstagreetounreservedlyassigntoUsalllegaland/orequitablerights(includinganysubrogatedrights)inrelationtothepotentialrecoveryofanylossesordamagecoveredunderthisOptionalBenefit.

ThemaximumWewillpay,anyoneEvent,regardlessofthenumberoftrailersinYourpossession,custodyorcontrolatthetimeoftheEvent,istheSumInsuredshownintheScheduleforthisOptionalBenefit.

EC122 – Hired In and Non-owned Mobile Plant

WewillcoverYoufor:

a) lossorDamageandYourlegalliability,withinthescopeofcoverprovidedunderPartsAandB,arisingfromMobilePlanthiredinorborrowedbyYou;

b) lostnetearningsorongoinghirechargesclaimedagainstYoubytheownerofthehiredinornon-ownedMobilePlantupto$10,000anyoneAccident,anyoneEvent,andintheaggregateanyonePeriodofInsurance;and

c) anyExcessamountYouarerequiredtopaythehiringcompanyunderthehireagreementafterthedeductionofanyapplicableExcess(es)underthisPolicybutlimitedto$10,000anyoneAccident.

ThebasisofsettlementunderPartAwillbeatOuroptionto:

a) paythereasonablecosttorepairthehiredinornon-ownedMobilePlanttoitsconditionbeforethelossorDamage;or

b) paythehiredinornon-ownedMobilePlant’sMarketValueifitisaTotalLoss,lessOurestimateofit’ssalvagevalue.

ThemaximumWewillpay:

a) inrespecttoanyoneitemofhiredinornon-ownedMobilePlant,inclusiveofongoinghiringcharges,istheLimitanyoneItemshowninYourScheduleforthisOptionalBenefit;and

Optional benefitsThefollowingOptionalBenefitsapplytothecoverprovidedbythisPolicywhentheyarespecifiedasbeingapplicableintheScheduleandifYouhavepaidtheadditionalpremiumthatWemayrequire.

EC104 – Non-owned Trailer (Liability)

WewillcoverYouundercoveroptionPartB–LiabilitytoThirdParties,forlegalliabilityarisingfromlossorDamagetotrailer(s)whilstinYourpossession,custodyorcontrol,provided:

a) thetrailer(s)isnotownedbyYou,orisnotonhiretoYou;

b) thecoveronlyappliestoanytrailer(s)whichareattachedtoaMotorVehicleinsuredunderthisPolicyatthetimeoftheAccident;and

c) thecoverdoesnotapplytothecontentsorgoodsbeingcarriedinanytrailer,includinganycleanupcostsassociatedwiththecontentsorgoods.

ThemaximumWewillpay,anyoneEvent,regardlessofthenumberoftrailersattachedtoYourMotorVehicleatthetimeoftheEvent,istheSumInsuredshownintheScheduleforthisOptionalBenefit.

EC105 – Dangerous Goods

TheLimitofIndemnity–PartBb.inrespectofYourMotorVehiclebeingusedforthetransportationDangerousGoods(asdefinedbytheAustralianDangerousGoodsCode)isamended.

ThemaximumWewillpayistheLimitofLiabilityshownintheScheduleforthisOptionalBenefit.

EC107 – Hire, Fare and Reward

GeneralExclusion6.Hire,FareandRewardisdeletedfromthePolicy.

EC111 – Hook Liability – Motor Vehicle

WewillcoverYourlegalliabilityforlossorDamagetosomeoneelse’svehicle,whilstinYourpossession,custodyorcontrol,andwhilstbeingtowed,carried,liftedorloweredbyaMotorVehicleinsuredunderthisPolicy.

ThemaximumWewillpay,anyoneAccident,regardlessofthenumberofvehiclesbeingtowed,carried,liftedorloweredatthetimeoftheAccident,istheSumInsuredshownintheScheduleforthisOptionalBenefit.

EC112 – Non-owned Trailer (Comprehensive)

WewillcoverYou,subjecttotheconditionsandexclusionsofthePolicy,undercoveroptionPartA–LossorDamage,forlossorDamagetotrailer(s)whilstinYourpossession,custodyorcontrol,provided:


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EC124 – Dry Hire Damage Waiver

NotwithstandingGeneralExclusion7.Hireoutofvehicles(DryHire),ifatthetimeofloss,DamageorliabilityYourInsuredItemwasDryHiredoutandYouragreementwiththehirerofYourInsuredItemrequiredYouto:

a) insuretheInsuredItemonbehalfofthehirer;and

b) releasesuchhirerfromliabilityandwaiveYourrightstorecover,

thenWeagreethatthisPolicywillnotbeprejudicedorinvalidatedbysuchagreement.

EC125 – Dry Hire Difference in Conditions – Motor Vehicle

NotwithstandingGeneralExclusion7.Hireoutofvehicles(DryHire),ifatthetimeofanAccidentYourMotorVehiclewasDryHiredoutandYoudidnotreleasefromliabilitynorwaiveYourrightstorecoverfromthehirer,eitherbyverbalorwrittenagreement,foranylossorDamagethehirerincurs,and:

a) thehirerofYourMotorVehiclefailedtoarrangeandmaintainacurrentinsurancepolicycoveringtheMotorVehicleforlossorDamage;or

b) thecoverageprovidedbythehirer’sinsurancepolicywasnotasextensiveasthecoverageprovidedunderPartAofthisPolicy;or

c) thehirerdidnotholdtherelevantlicencerequiredtodriveoroperateYourMotorVehicleandYoucouldnotreasonablyhaveknownthatthehirerdidnotholdsuchlicence;or

d) thehirerwasundertheinfluenceofalcoholordrugsandYoucouldnotreasonablyhaveknownthatthehirerwasundertheinfluence;or

e) thehirerdeliberatelyorrecklesslyoverloadedorincorrectlyloadedyourMotorVehicle,

thenWewillpayforlossesarisingfromthedifferenceincoverprovidedbysuchotherpolicyandthecoverprovidedbythisPolicy.

EC126 – Hold Harmless

IfYouenterintoanagreementwithanotherpartyandthatagreementrequiresthatYouwillIndemnifyand/orholdharmlessand/orreleasefromliabilitysuchotherpartyinrespectofanyEventcoveredbythisPolicy,WeagreethatthisPolicywillnotbeprejudicedorinvalidatedbyYouagreeingtosuchprovisionsandthattheIndemnityand/orholdharmlessand/orreleasefromliabilitygivenbyYouwillbeequallybindinguponUs.

b) inrespecttoallclaimsarisingdirectlyorindirectlyfromoneEvent,inclusiveofongoinghiringcharges,istheLimitanyoneEventshowninYourScheduleforthisOptionalBenefit.

Providedthatthehiredinornon-ownedMobilePlantwasinYourpossession,custodyorcontrolandwasbeingusedbyYouinthecourseofYournormalbusiness.

Wewillnotpay:

a) wherethehiredinornon-ownedMobilePlantwasonhiredorloanedtoanotherpersonorcompanybyYou;or

b) forlostnetearningsorongoinghirechargesclaimedagainstYou:

(i) iftheownerofthehiredinornon-ownedMobilePlantisYourEmployeeorarelatedcompanyeitherbyownership,partownershiporsimilarshareholders;or

(ii) ifWedeemthatsuchlostnetearningsorongoinghirechargesaroseduetoYourinactionorunnecessarydelay;or

(iii) duetodelaysinrepairingthehiredinornon-ownedMobilePlantthatarosesolelyduetotheunavailabilityofapartnecessaryfortherepair;or

(iv) beyondthedatethatrepairstothehiredinornon-ownedMobilePlantarecompleted;or

(v) beyondthedateWedeclarethehiredinornon-ownedMobilePlantisuneconomicaltorepair;or

(vi) beyondthedateWeprovideOurofferofsettlementintheeventoftheftandnon-recoveryofthehiredinornon-ownedMobilePlant;

c) ifYourlegalliabilityorlossorDamagetothehiredinorborrowedMobilePlantiscoveredbyanyotherpolicyofinsuranceandthatpolicyhasprovidedIndemnityfortheclaim.

WemayadjustthepremiumpayablebyYouattheendofthePeriodofInsurancebasedonthedifferencebetweentheamountspentbyYouforhiringhiredinMobilePlantduringthePeriodofInsurancecomparedtotheamountestimatedbyYouatthebeginningofthePeriodofInsurance.

ThefollowingAdditionalBenefitsapplicabletoPartAwillnotapplytothisOptionalBenefit:

2. AppreciationinMarketValue;

14. HirevehiclefollowingTheft;

24.1. FinancePayoutforTotalLoss;

24.3. SumInsuredpayout/replacementvehicleforTotalLoss.


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EC128 – Temporary Hire – Mobile Plant

IfWehaveacceptedaclaimforYourMobilePlantunderPartAofthisPolicyWewillalsocoverYouforthehirecostsincurredintemporarilyhiringasimilarorlikekindMobilePlantbutlimitedto$25,000anyoneAccidentand$50,000intheaggregateforallcoveredlossesduringthePeriodofInsurance.

Thiscovercommences7daysfromthetimeYounotifyUsofYourclaimandprovideUswithaccesstoYourMobilePlantandceasesimmediatelywhen:

a) therepairstoYourMobilePlantarecompletedbutsubjecttoamaximumof6months;or

b) WedeclareYourMobilePlantaTotalLoss;or

c) WeoffersettlementtoYouwhereYourMobilePlanthasbeenstolenandisunrecovered.

Thiscover:

a) isrestrictedtothereimbursementofthedailyhirecostsincludinganyloadingfordamagewaiverbutexcludinganyotherfeesorcostsrelatingtomaintenance,fuel,oil,otherfluidsorlubricants,wearandtear,transportationormobilisation,lossorDamage;and

b) doesnotapplytoanyMobilePlantcoveredunderOptionalBenefitEC122HiredinandNon-ownedMobilePlant.

EC127 – Loan Repayment Protection – Mobile Plant

IfWehaveacceptedaclaimforYourMobilePlantunderPartAofthisPolicyWewillalsocoverYouforleaseorothervalidfinancialagreementrepaymentsthatbecomedueandpayablefortheMobilePlantthatisthesubjectoftheclaimbutlimitedto$25,000anyoneAccidentand$50,000intheaggregateforallcoveredlossesduringthePeriodofInsurance.

Thiscovercommences7daysfromthetimeYounotifyUsofYourclaimandprovideUswithaccesstoYourMobilePlantandceasesimmediatelywhen:

a) therepairstoYourMobilePlantarecompletedbutsubjecttoamaximumof6months;or

b) WedeclareYourMobilePlantaTotalLoss;or

c) WeoffersettlementtoYouwhereYourMobilePlanthasbeenstolenandisunrecovered.

Wewillnotpay:

a) anyleaseorothervalidfinanceagreementrepaymentsthatareinarrears;or

b) anyballoonorresidualrepayments;or

c) anyfeesorpenalties.

Youmust:

a) provideUswithalldocumentaryevidenceofYourleaseorothervalidfinanceagreementthatWerequest;and

b) takeallreasonablestepstominimisetheperiodofdisruption.


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63

Claims Promise• All new claims will be acknowledged

within 24 hours

eb lliw mialc a fo lained ro ecnatpeccA •confi rmed within 5 days of receipt of all information

• Settlement cheques will be processed within 48 hours of receipt of fi nal documentation

nihtiw ot dednetta eb lliw tnemssessA •24 hours of notifi cation

V • ehicle assessment will be made within 48 hours of availability

• We will keep customers informed on claims progress

• We will keep customers informed on repair progress

This insurance is issued by Allianz Australia Insurance Limited, AFS Licence No. 234708 ABN 15 000 122 850 (Allianz).

In arranging this insurance Global Transport & Automotive Insurance Solutions Pty Ltd act as agents of Allianz.

Sydney 02 9966 8820Brisbane 07 3210 0666Townsville 07 4772 0054Melbourne 03 8623 2666Adelaide 08 8232 7645Darwin 08 8981 7510Perth 08 9324 1963

Albury 02 6023 5308

Visit www.gtins.com.au

02 Newcastle 4920 8698

POL553GT 11/16

Global Transport & Automotive Insurance Solutions Pty LtdABN 93 069 048 255 AFS Licence No 240714


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