Platinum and Gold Cover Inclusions and Extensions

Platinum Cover

• Limit of liability on “any one claim” basis – unlimited reinstatements
• Legal and defence costs are covered in addition to the limit of liability
• Excess is not applicable to costs (apart from audit work claims)
• Part IVA cover as standard
• Continuity of cover & retroactive date (unlimited, excluding known claims and circumstances)
• Cover on worldwide basis (excluding USA/Canada)

Automatic extensions:

• Continuity of cover (renewal benefit)
• Costs of coronial inquests/disciplinary hearings/ occupational health and safety proceedings (limit $100,000)
• Dishonesty and fraud
• Fidelity cover (limit $250,000)
• Joint venture liability
• Loss of documents (limit $500,000)
• Cover for newly created or acquired subsidiaries
• Cover for prior corporate entities
• Trade practices cover
• Audit work

Gold Cover

• Limit of liability on “any one claim” basis – two reinstatements
• Legal and defence costs are covered in addition to the limit of liability
• Excess is not applicable to costs (apart from audit work claims)
• Part IVA cover as standard
• Continuity of cover & retroactive date (unlimited, excluding known claims and circumstances)
• Cover on worldwide basis (excluding USA/Canada)

Automatic extensions:

• Continuity of cover (renewal benefit)
• Costs of coronial inquests/disciplinary hearings/occupational health and safety proceedings (limit $100,000)
• Dishonesty and fraud
• Joint venture liability
• Loss of documents (limit $500,000)
• Cover for newly created or acquired subsidiaries
• Cover for prior corporate entities
• Trade practices cover
• Audit work