Fire and defined events – what we cover

Loss of or damage to your property at your premises caused by one or more of the following insured events:

1. Fire.
2. Lightning or thunderbolt.
3. Explosion.
4. Earthquake including subterranean fire or volcanic eruption or fire resulting from any of these.
5. Impact caused by:

(a) any vehicle or its load;

(b) any aircraft or anything dropped from them, or sonic boom;

(c) space debris or debris from a rocket or satellite;

(d) any animal;

(e) a falling tree or part thereof;

(f) a mast aerial, antenna or satellite dish that has broken or collapsed, but excluding loss or damage to the mast, aerial, antenna or satellite dish itself caused by an insured event;

(g) a falling building or part thereof;

(h) water craft.

1.  Riot, civil commotion and labour disturbances.
2. Wind and/or water (including snow, sleet, hail and tsunami).
3. Sprinkler leakage caused by water discharge or leaking from any sprinkler installation, including the expense incurred in shutting off the water supply, removing water and any incidental cleaning operations.
4. Vandalism or malicious persons, including damage to your property caused by burglars.
5. Vandalism or malicious persons, including damage to your property caused by burglars.
6. Loss or damage caused by demolition.
7. Accidental damage

Fire and defined events – extra benefits

If we agree to pay a claim under insured events 1 to 12 we will also pay for the following loss or damage.

1. Fire extinguishment costs
2. Rewriting of documents
3. Cost of tracing source of water damage
4. Professional fees
5. Temporary protection
6. Removal of debris
7. Loss of land value

Fire and defined events – additional covers

If we agree to pay a claim under insured events 1 to 12 we will also pay for the following loss or damage.

1. Personal effects of directors, officers and employees
2. Works of art and antiques
3. Temporary removal of property
4. Capital additions
5. Branded goods
6. Limited transit cover
7. Prevention of imminent damage
8. Landscaping
9. Undamaged foundations
10. New premises – temporary cover

Fire and defined events – what we exclude

Loss of, or damage to, your property at your premises caused by a bushfire, storm or flood occurring within the first 48 hours from the start of this insurance policy.

However we will cover these events if this policy began on the same day:

• you bought the premises;
• that another policy covering the property at the premises expired, but only up to the insured amounts under the expired policy

1. Fire.
2. Lightning or thunderbolt.
3. Explosion.
4. Earthquake.
5. Impact.
6. Riot, civil commotion and labour disturbances.
7. Wind and/or water
8. Sprinkler leakage.
9. Vandalism or malicious persons, including damage to your property caused by burglars.
10. Escape of molten material from its intended confines on or about the premises.
11. Loss or damage caused by demolition.
12. Accidental damage.

Fire and defined events (extra benefits) – what we exclude

1. Fire extinguishment costs
2. Rewriting of documents
3. Cost of tracing source of water damage
4. Professional fees
5. Temporary protection
6. Removal of debris
7. Loss of land value

Fire and defined events (additional covers) – what we exclude

1. Personal effects of directors, officers and employees
2. Works of art and antiques
3. Temporary removal of property
4. Capital additions
5. Branded goods
6. Limited transit cover
7. Prevention of imminent damage
8. Landscaping
9. Undamaged foundations
10. New premises – temporary cover

Theft – what we cover

Loss of your contents and stock at your premises caused by one or more of the following:

1. Theft from your premises following actual forcible and violent entry to or exit from the premises
2. Theft from your premises following assault or violence or threat to you (or your employees) or any other person lawfully at the premises (for example armed hold up).
3. Theft from:

• an office at the premises where there is no forcible and violent entry to the premises;
• from a worksite up to a limit of $3,000 any one event.

Theft – extra benefits

If we agree to pay a claim for an insured event, under this section we will also pay for:

1. Security film
2. Personal effects of directors, officers and employees
3. Temporary protection
4. Rewriting of documents
5. Funeral Expenses

Theft – additional covers

The cover provided by Theft is extended to cover the following loss or damage to buildings:

1. Damage to the buildings
2. Theft of parts of buildings
3. Replacement of locks
4. New premises – temporary cover
5. Temporary removal of property
6. Employee dishonesty
7. Works of art and antiques
8. Damage to a safe or strongroom

Theft – what we exclude

Theft from any yard, garden, verandah, or any other property outside the confines of the premises (other than at a worksite) unless specified in the schedule.

We will not pay more than $250 for theft of money or negotiable instruments.

Theft of motor vehicles, trailers, aircraft, watercraft or building materials unless shown in the schedule.

Theft or any attempted theft by any persons, including employees, while lawfully at the premises or worksite.

Loss or damage to glass and signs.

Theft of contents or stock when the premises are left unoccupied unless any burglar alarm system which protects the premises:

• is made operative; and

• is maintained in a good working condition.

Theft (extra benefits) – what we exclude

1. Security film
2. Personal effects of directors, officers and employees
3. Temporary protection
4. Rewriting of documents
5. Funeral Expenses

Theft (additional covers) – what we exclude

1. Damage to the buildings
2. Theft of parts of buildings
3. Replacement of locks
4. New premises – temporary cover
5. Temporary removal of property
6. Employee dishonesty
7. Works of art and antiques
8. Damage to a safe or strongroom

Money – what we cover

This section covers the loss of or damage to your business’s money from a wide variety of causes such as theft, armed hold up, or fire. The money may be in transit or at your premises. An insured event does not include the items, events or circumstances set out beside the event in the “What we exclude” column.

Loss of or damage to:

1. Money in your custody or in the custody of persons authorised by you while it is (a) in transit to or from the premises (b) held in a night safe until removed by a bank employee; or (c) withdrawn for wages and salaries, but before it has been paid to employees. We will also cover the loss of or damage to the cash carrying bag that results from theft in transit.
2. Money on the premises during business hours
3. Money while locked in an ATM, safe or strongroom on the premises.
4. Money while it is in your private residence or the private residence of a person authorised by you.
5. An ATM, safe or strongroom on your premises, or in your vehicle.
6. Money while it is in your private residence or the private residence of a person authorised by you.
7. Money on the premises outside of business hours and not in an ATM, safe or strongroom.

Money – extra benefits

If we agree to pay a claim for an insured event, under this section we will also pay for:

1. Clothing and personal effects
2. Replacement of locks
3. Temporary protection
4. Security film
5. Funeral expenses

Money – additional covers

The cover provided by Money is extended to cover:

1. Employee dishonesty
2. Travellers’ money

Money – what we exclude

Loss from an unattended vehicle.

Loss from a bank night safe after the usual closing time of the bank, on the day following the deposit.

Shortages resulting from clerical or accounting errors or loss due to errors in receiving or paying out.

Loss not discovered within 7 (seven) working days of the loss occurring. Any act of fraud or dishonesty by you or by any employee.

Loss from an ATM, safe or strongroom opened by a key or by use of a combination, either of which had been left on the premises outside business hours.

Loss of money when the premises are left unoccupied unless any burglar alarm system which protects the premises is:

• operative during the period the premises are left unoccupied; and
• maintained in good working condition.

We will not pay for more than $3,000 for money in a private residence, plus any additional amount shown on the schedule.

We will not pay for more than $3,000 for Money on the premises outside of business hours and not in an ATM, safe or strongroom, plus any additional amount shown on the schedule.

Money (extra benefits) – what we exclude

1. Clothing and personal effects
2. Replacement of locks
3. Temporary protection
4. Security film
5. Funeral expenses

Money (additional covers) what we exclude

The cover provided by Money is extended to cover:

1. Employee dishonesty
2. Travellers’ money

Glass – what we cover

This section covers loss of or damage to glass windows, signs and showcases at your premises.

Loss of or damage to:

• glass; or
• signs; at your premises.

Glass – extra benefits

If we agree to pay a claim for an insured event, under this section we will also pay for:

1. Removal of frames The cost of the removal or replacement of any frames, fixtures, fittings or other obstruction at your premises that is necessary in order for reglazing to be undertaken
2. Replacement signwriting The cost of replacing any signwriting, ornamentation or burglar alarm tape, wiring, security film or sensors on the glass.
3. Boarding up The cost of temporary shuttering, boarding up or securing your stock and contents exposed pending replacement of the glass.
4. Window tinting The cost of replacing any window tinting or window tinting film.

Glass – what we exclude

Loss or damage as a result of:

• disfiguration; or
• breakage arising directly or indirectly from a fire or flood.

Loss or damage occurring while in transit or whilst being fitted into position or removed from its fitting.

Glass (extra benefits)

We will not pay more than $8,000 in total for Extra Benefits 1 to 7 for any one event.

These Extra Benefits are payable in addition to the insured events.

Damage to window displays

We will not pay more than $8,000 for any one event.