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Property & Asset Insurance (Business Pack)

Help protect your group’s property and belongings from risks of loss or damage associated with fire, theft and accidental damage. With this coverage, you can ensure that your property is protected and that you won't be left with significant out-of-pocket expenses if something were to happen.

Types of buildings and assets we can arrange cover for

Accidents can happen, and they can result in costly damage to your group's assets.

We understand that managing risk and protecting your assets is critical for your organisation's long-term success, which is why we can arrange a variety of cover under Business Pack Insurance including to cover the following types of property plus other assets:

✅ Buildings such as clubs, halls and recreational facilities.

✅ Tenants’ improvements to leased premises.

✅ Tenants’ improvements to playing fields (for example: cricket nets, lighting towers, sprinkler systems, fencing, etc.).

A large empty conference room with rows of blue chairs and a stage with a large screen

Benefits

This is what Property & Asset Insurance (Business Pack) can cover you for:

New For Old

Replacement on contents and buildings.

High Value Items

Specify items of significant value.

Choose Your Excess

To suit your budget.

 

Portable Items

Protection for when you are on the move.

Don’t have property cover?

Our Property & Asset Insurance (Business Pack) cover is designed to safeguard your group’s property and belongings against risks of loss or damage, including fire, theft, and accidental damage.

A building with a red tilted roof

How it works:

This Insurance Policy can help provide cover for reinstatement and replacement cover for buildings, fixtures, fittings, contents and other property of the Club/Community Group following loss and/or damage resulting from the Insured Perils.

If your organisation has made improvements to a leased property, it is important to have coverage for those improvements in case of damage or loss.

A park with a paved pathway, benches and trees

Contents Insurance:

In addition to Asset and Building Insurance cover, we can arrange Contents Insurance cover, which can help protect the Contents of your buildings from damage, theft, or loss.

This type of coverage is especially important for community groups and not-for-profit organisations that may have valuable equipment, inventory, or possessions.

 

 

A bookshelf filled with colorful books

Type of contents we can arrange cover for:

✅  Electronic equipment such as computers, printers, phones, TVs, sound systems etc.

✅ Sporting equipment.

✅ Machinery, tools or appliances.

✅ Inventory such as stock, raw materials, or finished products.

✅ Furniture and fixtures such as desks, chairs, and shelving.

✅ Valuable items such as artwork or memorabilia.

✅ Stock on hand, food drink.

 

 

A blue aboriginal dot painiting
selected option

Policy Wording: Property & Asset Insurance (Business Pack)

The Insurer’s ‘Policy Wording’ sets out the actual coverage terms, conditions, limitations and exclusions provided under the Policy.

Please access these documents on the links provided and read them thoroughly in conjunction with your Policy Schedule and call us immediately if you require clarification on any issue.

Current Policy Wording:

For any Business Pack Insurance Policies from August 1 2023, please refer to the QBE – QM2819-0521 Policy Wording.

⬇️ QBE – QM2819-0521 Business Pack Insurance Policy Wording

 

Take the first step in protecting your assets and contents

Download our application form today, and we'll provide you with a personalised quote tailored to your group.

Business Pack FAQs

Please note that these FAQs are of a general nature, and the specific terms and conditions of your insurance policy will apply to any claims.

It is always recommended to refer to the Policy Wording and consult with LCIS staff for detailed information about coverage and any specific questions you may have.


The above statements are issued as a matter of information only and for full terms and conditions you should refer to the Policy Wording.
LCPA# 24/497.