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General Property Insurance for Equipment. Underwriting agency formed in 1990 Specialised General Property Insurance Policy for equipment Underwritten.

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Presentation on theme: "General Property Insurance for Equipment. Underwriting agency formed in 1990 Specialised General Property Insurance Policy for equipment Underwritten."— Presentation transcript:

1 General Property Insurance for Equipment

2 Underwriting agency formed in 1990 Specialised General Property Insurance Policy for equipment Underwritten by Chubb Insurance for 13 years Each year we insure tens of thousands of items and deal with over 2,000 claims About Protecsure

3 Policy Features Feature Full Theft*  Accidental Damage  Loss in Transit*  Forcible Entry to Vehicle  28 Days Worldwide  New for Old  Australia-wide  AD Cover Whilst in Use  Claims Turnaround 95%< 48 hours Excess From $100 *Does not apply to tools of trade

4 Theft in the open air Accidental loss Full AD Fire Full Cover Theodolites Total Stations GPS Distance meters Survey Equipment Equipment Types

5 Laptops iPads Smart Phones Mobile Technology Equipment Types Full Cover

6 Cameras Lenses Accessories Carry Bags Photographic Equipment Types Full Cover

7 Ultrasounds Doctors bags Defibrillators Laser IPL devices Medical / Vet Equipment Types Full Cover

8 Tractors to 40hp Golf carts Dingos Generators Compressors Welders Pressure cleaners Floor cleaners etc Light Machinery Equipment Types Full Cover

9 Musical Instruments Equipment Types Full Cover All types of instruments Band / DJ equipment goes in mobile technology category

10 Probes Sensors Diagnostic Diagnostic & Measuring Equipment Types Full Cover

11 Theft following forcible & violent AD but not while in use Fire Cover All kinds of sports equipment Sports Equipment Equipment Types

12 Theft from approved gun safe if not in active use Full AD Fire Cover Rifles Pistols Scopes Gun cases Gun safes Firearms (for registered club members only) Equipment Types

13 Now full AD including while in use Theft following forcible & violent Fire Average clause Cover Power tools Hand tools Tools of Trade Equipment Types

14 PC’s / Servers Telecommunications Printers / Copiers Office equipment Furniture Static Equipment Equipment Types Full Cover

15 Prosthetic leg Home made electronic bird scarer Night sight goggles Mobile boxing ring Jumping castle Mermaid tails Laser clay pigeon shooting system Segway Basketball simulator machine Portable luxury bathrooms Miscellaneous Equipment Equipment Types Cover Varies (referral)

16 Electronic Breakdown (if not covered under warranty) Data Restoration Following Breakdown (sub limit required) Temporary Hire Following Breakdown (while equipment is being repaired/replaced - sub limit required) Auto Additions (schedules over $100,000) Policy Extensions

17  Wear and tear or cosmetic damage  Theft out of unlocked vehicle  Electronic breakdown (available as extension)  Consequential loss of any kind  Software (normally replaced free by vendor) Policy Exclusions

18 Scheme Ideas SectorInsurable equipment Medical Ultrasounds, doctors bags, imaging equipment, insulin pumps VetsUltrasounds, ScubaDiving gear Real estate, fitness instructorsLaptops/iPads Equestrian equipmentJockeys, events, clubs Photographic clubsCameras and accessories Mobile car servicesTools of trade

19 Claims are handled by Protecsure One page claim form Over 95% of valid claims will be approved within 48 hours Settled via repair or replacement (new for old) Claimants directed back to the original place of purchase for a quote to repair or replace Simple Process Claims 1300 MYCLAIM for queries or claims lodgement

20 Thank you for viewing this presentation. We hope you will consider us for your equipment insurance needs. Thank You


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