INVOICE TEMPLATE
RISK TYPE - SNT : SAFETY NET - TURBO
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 Turbo SNT:05–August 2016 Policy Wording
( C )DESCRIPTION OF BUSINESS
( C )LIMITS OF LIABILITY
PUBLIC & PRODUCTS LIABILITY$ ,000,000$ 500
LIMITEXCESSRETROACTIVE DATE
Advertising LiabilityIncluded$1,000,000$1,000
Contractors or Sub-contractorsIncluded
Defective WorkmanshipIncluded$ 250,000$1,000
Forest and Rural Fires ActIncluded$ 1,000,000$1,000
Goods on HookIncluded$ 250,000$1,000
Hazardous Substances EmergencyIncluded$ 1,000,000$1,000
Innkeeper’s LiabilityIncluded
Keys and LocksIncluded$ 250,000$1,000
Product RecallIncluded$ 100,000$1,000
Property in Care, Custody & ControlIncluded$ 500,000$1,000
Property Owner’s LiabilityIncluded
Punitive & Exemplary DamagesIncluded$ 1,000,000$ 500
Service & RepairIncluded$ 250,000$2,500
Tenant’s LiabilityIncluded
Trade Advice or ServicesIncluded
Underground ServicesIncluded$5,000
Unmanned Aerial DevicesIncluded$ 1,000,000$1,000
USA/Canada VisitsIncluded
Vehicles – Additional ProvisionsIncluded
Vehicle Inspection CertificationIncluded$ 750,000$1,000
Vibration & Removal of SupportIncluded$5,000
Punitive and Exemplary DamagesIncluded$1,000,000 any one Occurrence and$2,000,000 in the aggregate
SECTION 2 – EMPLOYERS LIABILITY
Limit of IndemnityIncluded $ 1,000,000 $ 500
SECTION 3 – STATUTORY LIABILITY
Limit of IndemnityIncluded$ 1,000,000 $ 500(Officers $Nil)
SECTION 4 – FIDELITY
Limit of IndemnityIncluded$ 50,000 $ 500
SECTION 5 – DIRECTORS & OFFICERS LIABILITY
Limit of IndemnityIncluded$ 250,000 $ 500(Officers $Nil)
SECTION 6 – LAWSAFE @Work
Limit of IndemnityIncluded$ 100,000 $Nil
SECTION 7 – INTERNET LIABILITY
Limit of IndemnityIncluded$ 50,000$1,000
SECTION 8 – DEFENCE COSTS
Limit of IndemnityIncluded$ 250,000$Nil
SECTION 9 – EMPLOYMENT DISPUTES
Limit of IndemnityIncluded$ 250,000$5,000
REROACTIVE DATES
As expiring
POLICY EXCESS
Unless shown otherwise, the policy excess is $500 for all sections except Section 6 where Nil
TERRITORY & JURISDICTION
New Zealand
( S)ENDORSEMENTS
As per quotation document
( 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)
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.
SNT:05August 2016