Property Package

Combined Package Facility
This innovative product has proven highly successful with all brokers since being introduced to the market.

It is a different offering and in simple terms it is a package cover based on an ISR format including Management Liability.

The cover has 4 sections – Material Damage, Business Interruption, Liability and Management Liability. Section 1 and 2 are based on industry ISR wordings.

Some of the benefits include:

• General Property section
• Full Accidental Damage up to the policy limit
• Machinery breakdown auto on most occupations
• Transit considered on most occupations
• Temporary removal (exc stock/Equipment)
• Full blown ML wording (up to $2m)
• 20% Commission
• LAOL Basis, Not Sum Insured (Limit $25m)

We have continuing success with the following occupation types:

• Supermarkets
• Hardware – Retail/Wholesale
• Freight Forwarders exc high hazard storage
• Printers/Publishers
• Tile Importers/Retail
• Property Owner – wide range of occupation classes
• Design/Supply of Irrigation/Agricultural product
• Shopping Centres
• Clothing Manufacturers/importers
• Light and Heavy Engineering
• Warehousing – Low to High Hazard
• Large Retail chains
• Scheme Business