Marine Insurance
This insurance policy will provide coverage following loss and/or damage to property
- whilst in the normal course of transit by road vehicle anywhere in Australia, or
- anywhere in Australia including whilst in transit.
Insured Events:
- Specified Events
- Fire, Lighting, Explosion, Theft from locked vehicle or building ,Collision or overturning of the conveying vehicle;
- All Risks Cover
- Sudden and unforeseen accidental loss or damage.
- Geographical Limit
- Anywhere in Australia.
Exclusions to cover
Specified Events:
- Delay, loss of market, consequential loss, depreciation, deterioration;
- Money;
- Jewellery, watches, furs, antiques, paintings, works of art, precious metals or stones;
- Explosives, petroleum and gas products;
- Livestock;
- Cigarettes, tobacco, wines, spirits, etc;
- Collision by conveying vehicle with curb or uneven surface;
- Theft by employees;
- Electrical and mechanical derangement unless visible damage to exterior of machine.
All Risks Cover:
- Mechanical, electronic or electrical breakdown unless as a result of an insured loss;
- Cracking, scratching or breakage of glass or fragile items unless as a result of an insured loss;
- Rust, oxidation, mildew, mould, vermin, insects, change of colour, process of heating, drying, cleaning, dyeing, alteration insured item;
- Action of light or atmospheric conditions, vibration, wear, tear, depreciation;
- Dishonesty by Insured or Others to whom insured property entrusted;
- Action of sea, tidal wave, high water or flood;
- Theft by employees;
- Unexplained inventory shortage;
- Theft other than from forcible and violent entry evidenced by visible damage to the securely locked portion of the building;
This description is issued as a matter of information only and for full terms and conditions you should refer to the policy wording.
We accept no responsibility whatsoever for any inadvertent or negligent act, error or omission on our part in preparing these statements or for any loss, damage or expense thereby occasioned to any recipient of this letter.