Product Benefits
The JLT (RVA - Villages) Discretionary Trust Arrangement
This product provides cover for loss of or damage to Building and Common Contents and Consequential Loss, Machinery Breakdown and Electronic Breakdown.
A major benefit of this product is the convenience of one cover providing protection for three major risks under a JLT Discretionary Trust Arrangement with one due date.
- Easier annual review
- Less paperwork and administration
- Tailored for your industry
- Opportunity for a rebate on renewal cost based on the previous year’s claims figures
- Flexibility to choose the covers and limits to suit your specific needs. For example:
- Money
- Landscaping
- Temporary Accommodation
- Flood
- Extra Cost of Reinstatement
- Loss of Profits and/or Revenue due to material loss or damage of insured assets
- Machinery and Electronic Breakdown
The JLT (RVA - Residents) Discretionary Trust Arrangement
This cover is offered for the protection of village and resort residents against loss of or damage to their home contents and personal property and to protect them from personal liability.
- Nil Deductible on claims
- Opportunity for a rebate on renewal cost based on the previous year’s claims figures
- VillageWISE conducts ongoing market research to ensure market competitiveness
- Replacement Value for most items (new for old)
- Cover for:
- Accidental Damage cover for Contents
- Accidental Damage cover for Personal Property within Australia and New Zealand
- Flood Damage
- Mechanical and Electrical Breakdown
- Motorised Wheelchairs, Scooters or Golf Buggies (optional cover)
- Fixtures in the unit or villa which are not covered by a body corporate or strata title policy or the Village Occupancy Contract
- Personal Liability up to $20,000,000
VillageWISE Combined Liability Package
This product provides cover for Public and Products Liability, Professional Indemnity and Malpractice and Directors and Officers Liability and Employment Practices Liability. A major benefit of this packaged product is the convenience of three policy documents wrapped into one package insuring three major risks with one due date and one insurer.
- Easier annual review
- Less paperwork and administration
- Tailored for your industry
- Major Australian insurer
- Optimal cover because business and professional risks are insured in the same packaged product with the same insurer
- Flexibility to choose the covers you want for your liability program
- Malpractice Liability is automatically covered when you choose Professional Indemnity
- Employment Practices Liability cover is available when you choose Directors and Officers Liability
- Residents’ committees and social clubs are automatically covered
Fidelity Guarantee
This product provides cover for Fidelity Guarantee or dishonesty of employees
- Protects you against employee fraud, dishonesty and embezzlement.
Commercial Motor Vehicle
A flexible product to cover a range of needs from insuring one sedan to a large fleet of different vehicle types and sizes.
- Gives you peace of mind:
- Covers on single vehicles or small fleets are competitively priced due to the buying power of VillageWISE
- Employees’ vehicles covered whilst doing your business
- Cover available for employees’ vehicles whilst used privately
- Hire vehicle for 14 days following damage to an insured vehicle
- Your choice of motor vehicle repairer
- Efficient and friendly claims handling
- Major Australian insurer
Voluntary Workers Personal Accident
A product taken out by an organisation to benefit voluntary workers by covering specified injury events for nominated amounts.
- Lump Sum Benefits for Accidental Death and eighteen other specified Injury Events
- Weekly Benefits for injury resulting in Temporary Total Disablement or Temporary Partial Disablement
- Automatic Extensions such as:
- Emergency Home Help
- Non-Medicare Medical Expenses
- Student Tutorial Costs
- Major Australian insurer
Note: Other Parts of the Policy e.g. Weekly Benefits - Sickness are not automatically available.
Contract Works
A product for those involved in the aged care and community services industry who elect to control and insure construction projects. Cover can be arranged for:
- Construction Material Damage and Liability
- Additional stages or extensions
- New developments
- Renovations or refurbishments
- Existing structures
- Principal supplied materials
- Major Australian insurer
Workers Compensation
Information on this product will be available shortly.
Please note that the details above are in each case a summary of the benefits of the cover described. For full details of the policy terms, conditions and exclusions, please refer to the policy wording and, where available, the Product Disclosure Statement (PDS).