INVOICE TEMPLATE
RISK TYPE - CCL : CONTRACTORS COMBINED LIABILITY - STANDARD
INSURERTLC INSURANCE LTD
EXCESSAS SHOWN BELOW
( S )STANDARD COVER
Legal Liability for third party property damage or personal injury happening within the territory shown below during the period of insurance caused by an Occurrence and arising from the business of the insured, subject always to the terms, conditions and exceptions contained within the TLC ‘Safety Net’ Contractors Combined Liability policy wording VL POL SAFETYNET – 1210.
( C )DESCRIPTION OF BUSINESS
( C )LIMITS OF LIABILITY
SECTION 1 – PUBLIC LIABILITY
Limit of Indemnity$ 2,000,000$ 500 XS
Care, Custody & Control$ 250,000$1,000 XS
Forest & Rural Fires Act$ 1,000,000$1,000 XS
Product Recall Expenses$ 100,000Retro Date Inception
Property OwnersPolicy Limit$ 500 XS
Punitive & Exemplary Damages$ 1,000,000$ 500 XS
Service & Repair$ 250,000$2,500 XS
Tenants LiabilityPolicy Limit$ 500 XS
Underground Services$ 1,000,000$5,000 XS
Vibration & Removal of Support$ 1,000,000$5,000 XS
SECTION 2 – EMPLOYERS LIABILITY
Limit of Indemnity$ 1,000,000 Any One Claim in the aggregate
SECTION 3 – STATUTORY LIABILITY
Limit of Indemnity$ 1,000,000 Any One Claim in the aggregate
RETROACTIVE DATES
As expiring
POLICY EXCESS
Unless shown otherwise, the policy excess is $500 for all sections
TERRITORY & JURISDICTION
New Zealand
( S )ENDORSEMENTS
As per quotation document
( C )OPTIONAL EXTENSIONS
Carriers Liability Extension$1,500 Limit of Indemnity$ 500 XS
Forest & Rural Fires Act Extension $2,000,000 Limit of Indemnity$ 1,000 XS
( C )REMARKS
Subject to a fully completed and signed proposal form
Failure to notify the Underwriter immediately of a potential claim may result in the declinature of liability
under the policy
( C )UNDERWRITER COMMENT
Please notify TLC IMMEDIATELY should any of the information shown
on this invoice be incorrect or require amendment.
( S )INSURANCE COMPANY DETAILS
INSURER:Vero Liability Insurance Limited
TLC Insurance Limited as an Agent for Vero Liability Insurance Limited
INSURANCE COMPANIES (RATINGS & INSPECTIONS) ACT 1994
Vero LiabilityStandard & PoorsA+(Strong)09 September 2010
INSURANCE COMPANIES DEPOSIT ACT 1953
Access to the Insurers with whom the insurance under this policy is placed is made available through deposits lodged by Vero in accordance with Section 4B of the Insurance Companies Deposits Act 1953 and such deposit is available as security for the contract of insurance evidenced by this document
SEVERAL LIABILITY CLAUSE LSW1001
The subscribing Insurers’ obligation under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligation.
VLSN:01 Dec 2010