For "Claims Made and Reported" Policy
This is an application for a
"claims made and reported" policy arranged with certain Underwriters at Lloyd's of London.
Completion of this document "ONLINE" is restricted to Australian
and New Zealand RABQSA Certified Personnel who may also be legally
authorized by the applicant to do so.
If a policy is issued, this application will attach to and become
part of the policy.
Please answer all questions.
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(1) |
Name of Applicant or Firm |
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(2) |
Principal Business Address |
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Email address |
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(3) |
Contact Person and
Phone Number |
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(4) |
Please identify your Competency-based certification:
(please tick) |
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Please identify your Qualification-based
certification: (please tick) |
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(5) |
List the total gross receipts during the
last full financial year for your professional services: |
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(6) |
What is the expiry date of your current
policy? |
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mm/dd/yyyy |
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(7) |
Have any claims or suits related to your professional
services been made during the past five years against the Applicant, its
predecessors in business, any of the past or present partners, directors,
officers, or employees of the Applicant's business? |
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Yes No |
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If yes, state briefly the date, nature and amount, the name
of the claimant, and the current status or final disposition of the
claim. |
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(8) |
Is the Applicant (after proper inquiry of each director,
officer, partner or employee of the Applicant or any other proposed
insured) aware of any circumstances, incidents, situations, or accidents
in relation to your professional services which may result in claim being
made against the Applicant, its predecessors in business or any of the
present or past partners, officers, directors or employees? |
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Yes No |
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If yes, give full details. |
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(9) |
It is agreed that any claim or lawsuit against the Applicant or any
other proposed insured arising from any facts, circumstances, acts, errors
or omissions disclosed or required to be disclosed in response to question
6 and 7 above is hereby expressly excluded from coverage under the
proposed insurance policy. |
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(10) |
Stamp Duty is apportioned for each state in Australia commensurate with
the income percentage declared. Whilst payment of the Stamp Duty is
ultimately the responsibility of the insured party to a contract of
insurance it is therefore prudent to ensure that the calculations below
correctly reflect percentages declared.
Total must equal 100%
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Notice To Applicant - Please Read Carefully
Warranty:
It is hereby Understood and Agreed, after proper inquiry of each director,
officer, partner, or employee of the Applicant or any other proposed insured,
that this application and its representations and warranties shall be deemed to
be submitted by and on behalf of and be binding upon the Applicant and each and
every proposed insured under the policy. It is further agreed that
any misrepresentation, non-disclosure, concealment, or breach of warranty in
this application shall be binding upon the Applicant and each and every proposed
insured under the policy whether or not the proposed insured knew of, committed,
or was responsible for such misrepresentation, non-disclosure, concealment, or
breach of warranty.
I/We hereby authorize the release of claim information from any prior insurer
to the Insurer.
I/We understand and accept that the policy applied for provides coverage on a
claims made and reported basis for only those Claims that are first made against
the Applicant and reported in writing to the Insurer during the policy, that the
limits of liability of the policy will include both Damages and Defense
Expenses, and that the Insurer will rely upon the truth of the information and
statements in this application in deciding whether to issue a policy to the
Applicant.
The Applicant agrees that if the information supplied on or attached to this
application changes between the time this application is executed and the time
that the proposed insurance policy is bound or coverage commenced, the Applicant
will immediately notify the Insurer in writing of such changes; and the Insurer
fully reserves its rights with respect to the underwriting acceptance or denial
of such changes.
I declare that as a current holder of RABQSA certification and as an
Authorised Executive or Officer of the business/firm/trade, that I am Duly
Authorised to complete this application which will be accepted by the insurer
(or insurer's representative) as a true and correct record for the purposes of
obtaining a non-binding quotation for the product (or products) to which the
form applies
"This application is provided by FirstCity
Partnership Limited who are a broker at Lloyd's of London and who are regulated
by the Financial Services Authority together with Envirosure authorized
representative No: 269469, licensee a Division of Mackellar Insurance Brokers
AFS Lic. No. 243531"
Address: PO Box 216 BALGOWLAH, NSW, 2093
Telephone: +61 (0)2 9949 1155
Fax: +61 (0)2 9948 4681
Email: envirosure@mackellar.com.au