Insurance

Westlawn Insurance Brokers offers a wide variety of insurance products for domestic and commercial customers from Australia’s leading insurance underwriters. As an insurance broker we work on behalf of our clients (not the insurance company) to ensure that you are well covered in the event of a claim and that your policy is competitively priced.

Commercial Insurance

Business Insurance Package

Consists of a number of sections of cover which can be selected. Generally, the minimum required for the business package is fire/perils and liability.

• Fire and Perils: Covers building, stock and all other contents for a list of defined events such as fire, storm & tempest, impact and malicious damage.
• Business Interruptions (consequential loss): Provides for ongoing expenses such as wages, rent, lease payments, increased costs of working and for loss of profit as a result of damage caused by an event covered under the Fire and Perils section.
• Burglary: Loss or damage to stock and contents as a result of a break in.
• Glass: Breakage of glass internal/external and can include illuminated signs.
• Money: In transit (to/from bank), on the premises (during/outside business hours), in a locked safe or in personal custody
• Liability: Personal injury/property damage of public as a result of your business activities including products
• Goods in transit: Loss or damage to stock/goods whilst being carried (own vehicles or carriers)
• Equipment Breakdown: Plant/machinery/electronic equipment – collapse, explosion, unforseen breakdown.

 

Broadform Liability

This policy indemnifies the insured for legal liability that arises from personal injury or damage to property that occurs during the period of insurance in relation to the declared business activities, subject to the policy exclusions. It also covers defence costs that are incurred in respect of the claim.

Construction Insurance

We offer this as a single project policy for builders or owner builders as well as an annual contract policy for builders. The cover can be arranged for loss of or damage to the contract works (subject to policy terms and conditions) and may be extended to include construction plant and equipment, materials in transit, third party liability, professional fees and cost escalation.

Heavy Haulage

Can provide cover for owner drivers, small and large fleet operators carrying all types of goods from general freight to hazardous materials.

Contractors Plant & Equipment

We are able to provide cover for all forms of plant & equipment for general earthmoving, under road boring, crane operators etc. This cover can be for single items of equipment or fleets.Cover can be provided for material damage to the equipment, road risk liability for registered units and optional covers such as – agreed values, dry hire, finance payment protection, finance gap payment.

Management Liability

This is designed for smaller private companies and their directors and officers. It protects not only the assets of the individual directors and officers but is extended to the company for defined exposures.

Professional Risks

Who is a professional? Anyone who provides advice and/or services of a skillful character, according to an established discipline, can be regarded as a professional in a legal sense. Professional Indemnity protects a professional from financial loss, injury or damage arisisng from a mistake or failure by the professional to exercise the required level of skill. Directors and Officers Liability is designed to protect the personal assets of directors and officers by providing indemnity for loss arising from a claim of a ‘wrongful act’ committed by them in the course of their duties. In addition to the above, there are many other types of specifically designed commercial insurance to guard you against the financial effects of an adverse event on your business. Please contact your nearest broker to find out more about how we can ensure you are well covered.

Industrial Special Risk (ISR)

ISR is designed for larger organisations (insurable values generally over $5 million) where the size and diversity of the operations makes it cost effective to combine individual policies. ISR is a complex contract of insurance, but essentially covers first party property damage (eg building, machinery, stock, glass, money, vehicles) by any cause (eg fire, peril, theft) not otherwise excluded. It also includes consequential loss coverage (eg loss of income) as a result of the damage.

Marine Insurance

A wide range of products are available in regards to Marine type insurance. This includes –

• cover for single transits for goods within Australia or overseas.
• annual covers for importers / exporters or businesses sending / receiving goods from within Australia or overseas.
• carriers cargo liability or goods in transit.
• commercial hull insurance.
• builders / ship repairers – vessels in construction and liability.
• marina operators.
• charter operators.